Joe Roman talked with WTAM’s Bill Wills this morning about the stimulus bill recently passed by congress and signed by the President. The Coronavirus Aid Relief and Economic Security (CARES) Act—the largest economic relief package in modern history—provides $2 trillion for workers, hospitals and businesses impacted by the global pandemic, including $350 billion pushed out through banks to aid small businesses.
Joe explained that the “very comprehensive bill takes a 360 approach to the economy” by keeping cash flowing throughout the supply chain in an effort to make sure people stay at home while also helping the economy come back as close as possible to what it was before. He credited federal and state legislators for looking at the situation holistically and taking a nonpartisan approach.
GCP is here to help businesses navigate the changing climate by providing relevant information, clarification of the CARES Act and best practices from other businesses. Check out our COVID-19 news and resources and GCP’s INGEAR online portal created to help businesses easily access the resources that Greater Cleveland has with the goal to help industry growth, expansion, attraction, and retention efforts in the region.