Home NEWS-BUSINESS Check Is in the Mail? For Many Bill Payers, It Won’t Be

Check Is in the Mail? For Many Bill Payers, It Won’t Be

by staff
Check Is in the Mail? For Many Bill Payers, It Won’t Be


Progressives, including Representative Alexandria Ocasio-Cortez of New York, have called for moratoriums on rent and other financial obligations. And even conservatives, despite concern about government initiatives already costlier than those in the 2008-9 financial crisis, have said this is a case where it makes sense to provide grants — not merely loans — to individuals and businesses.

Michael R. Strain, director of economic policy studies at the right-leaning American Enterprise Institute, said that corporations might be able to afford to take on extra debt to carry them through a period of lost revenue, but that most small businesses, particularly in the service sector, could not.

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