MILWAUKEE — Congressional leaders have unveiled a new $900 billion stimulus package that would support small business owners, schools, and live theater groups, according to Politico.
For Paul Whigham owner of Mi Casa Su Cafe, business has been steady recently, but the support from the government can’t come fast enough.
“I firmly believe small business is the backbone of America,” Whigham said.
In the new stimulus package, $325 billion would be set aside for small businesses, $20 billion would go to businesses in low-income communities, and $15 billion would help the struggling theater and entertainment venues.
Gary Whitt, CEO of Pabst Theater Group, helped launch the #saveourstage campaign, where more than 3,000 independent theater groups banded together to ask legislators for support.
“If the live concerts industry and event industry would not have received this money from the federal government it’s likely most would not have lasted for another 2-3 months,” said Whitt.
Whitt said Monday is a historic moment for the theater industry, highlighting the massive effort it took to convince legislators to include the live entertainment industry in the stimulus package.
“I think we can be proud Milwaukee can play a big role in making this possible,” said Gary.
As small business owners now wait for relief from the government, Paul said no matter what, he will continue to stay optimistic.
“For the business that can sustain and make it through this, there will be a brighter side at the end,” said Paul.
Along with the relief for small businesses, those who are unemployed would receive an additional $300 a week. People making up to $75,000 a year would receive $600 and couples making up to $150,000 a year will get $1,200 and $600 per child.