A majority of small business owners support more relief from the government, according to the CNBC|SurveyMonkey Small Business Survey. Don’t count on it.
This doesn't mean ideas like the RRF are dead, but Main Street needs to be realistic about the chances.
There are many Republicans who understand that restaurants are still in need of help, and these measures have bipartisan support on their own merits, but Trinh said the Senate will continue to pose problems for passing stand-alone legislation with more funds for either the Employee Retention Credit or Restaurant Revitalization Fund."Cutting off the ERC one quarter early was a mistake," he said.
More small business owners tell the CNBC|SurveyMonkey Small Business Survey they are passing on cost increases to customers or will soon do so if inflation remains high. The survey found most on Main Street do believe inflation will be persistent, and last Friday,"It is not getting any easier in terms of the economic outlook, which is why we feel another infusion of support from the federal government could buy small business more time.
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