Senator discusses bill's benefits for small businesses
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Senator Mike Rounds (R-SD) held a press briefing on Thursday as he arrived back in the state. He discussed his views on the newly-passed stimulus bill that the Senate had approved late Wednesday evening.
While Rounds stated that it was “not a perfect bill,” he was very excited for the provisions for small business, stating that $350 billion had been earmarked specifically for small businesses. This money should allow many businesses of less than 500 employees to remain open and keep jobs open while staying at home and remaining diligent with social distancing and potential shelter in place orders from their local governments. Rounds encouraged South Dakota small businesses to begin applying for these funds as soon as applications open.