Attention Shifts To Overhauling Small Business Aid

May 27, 2020 4:03 am

WASHINGTON (AP) – Congress is shifting its attention to a more modest overhaul of small business coronavirus aid, although it remains deadlocked on a larger relief bill. The House this week is expected to pass legislation that would give small employers more time to take advantage of federal subsidies for payroll and other costs. The Senate is considering a similar proposal. Lawmakers are trying to help restaurants, stores and other small businesses as they struggle during the pandemic. Many businesses that are reopening are seeing sharply reduced revenue, increasing the urgency in Washington to act.