Roundtable and Trade Associations Submit Letter to the Administration and Congressional Leadership Regarding COVID-19 Economic Response
March 19, 2020
This week the Roundtable, along with over 100 other organizations wrote to the Administration and Congressional leadership urging swift action as America confronts COVID-19. It is critical that any fiscal and economic response to help businesses survive the crisis match the scale and intensity of the steps being taken to end the pandemic.
The key to helping businesses survive this crisis is to reduce their costs and increase their cash flow as much as possible in the coming weeks. The policies mentioned in the letter are designed to do that and ensure that businesses are not penalized by the Tax Code if they lose money or increase their debt levels in 2020.