Overview of Biden's Proposed $1.9 Trillian Stimulus Package

The House of Representatives has been hard at work drafting its version of President Joe Biden’s proposed stimulus bill, which includes extended unemployment benefits, direct checks to individuals and more. Democrats hope to pass the $1.9 trillion relief package by mid-March, before existing COVID-19 relief measures, such as enhanced unemployment insurance, expire.

President Biden Alters PPP Loan Rules to Benefit Smallest Businesses

The Biden administration recently announced a 14-day period of the U.S. Small Business Administration’s (SBA) Payment Protection Program (PPP) when only businesses with fewer than 20 employees can apply for relief. This period will begin Wednesday, Feb. 24, and conclude on Wednesday, March 10.