PMAA Joins 100+ Business Groups To Launch America’s Recovery Fund Coalition
Last week, PMAA joined America’s Recovery Fund Coalition, an alliance of more than 100 trade associations and business organizations advocating for a grant-based federal assistance program to power the resilience of American enterprise.
Together, the Coalition’s members span 30 business sectors and employ 45 percent of the nation’s workforce – more than 58 million workers.
In a letter sent to President Trump, Congressional leaders, and the Secretary of the Treasury, the Coalition stated, “Existing programs like the Paycheck Protection Program were a well-intentioned effort to help defray the impact of the COVID-19 economic crisis, but we must build upon the current options and address the overwhelming need for additional capital support to businesses. A broad-based, efficient recovery fund that does not pick winners and losers is the best path forward. Without such a fund, our retailers, theatres, restaurants, and many other industries will be decimated – and our communities will be poorer both economically and culturally as a result.”
Visit the America’s Recovery Fund Coalition website to learn more.