The Small Business a Preservation Programme

Small business loans will be entirely forgiven, at least to the extent that they are spent on am pay roll, employee benefits, utilities and rent payments. If you spend the borrowed money on that, then at the end of this process, the government's going to forgive your debt completely - so long as you do not fire any workers or cut their pay. Conservative economists such as bush administration official glen hubbard have proposed a one point five trillion dollar version of this programme. But congress really came in very much too low.