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Governors Announce Small Business Aid Alongside Restrictions
Route Fifty: In the past six weeks governors of both parties have approved hundreds of millions of dollars in aid for small businesses, nonprofits and renters struggling through the coronavirus pandemic and recession.
The recent announcements are partly due to a looming deadline: If states don’t allocate federal aid they received in March by the end of the year, they have to return unspent funds to the U.S. Treasury. Most of the spending that governors have announced is federal dollars.
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