As congressional negotiations for additional pandemic assistance drag on, advocates are arguing for a different approach to small business assistance that offers more flexibility. Business leaders are warning that, without further help from Washington, the U.S. economy will soon face a wave of permanent business closures and job losses.

Republicans and Democrats in Congress remain deadlocked over providing more funding to help Americans deal with the impacts of the coronavirus pandemic. While much of the debate is focused on whether to maintain supplemental unemployment benefits and provide more money to state and local governments, additional aid to small businesses is also under consideration.

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