Tuesday night marks the first time President Donald Trump and former Vice President Joe Biden will square off on the state of the economy during this 2020 election cycle. What business owners want to know: Where’s the promised Phase 4 stimulus bill?
Various stimulus efforts, which each promised to extend federal small-business aid like the Paycheck Protection Program, have been held up by partisan bickering over key sticking points such as greater liability protections for businesses and funding for states and localities. Meanwhile, nearly two million–mostly small–American firms have already closed in 2020, according to the Hagaman, New York-based Oxxford Information Technology, an information services firm, which tracks about 32 million businesses. Meanwhile, coronavirus cases continue to ratchet up. The U.S. death toll reached 200,000 last week, a perilous milestone. Former hot spots like New York State are starting to see cases tick up, while cases increased more than 10