America’s small business owners have been hit hard by the Covid-19 pandemic.
And despite two rounds of federal loan programs targeted at aiding smaller employers, a majority on Main Street are still calling for more help. 63% of small business owners support the $1.9 trillion Covid relief package currently being pushed by President Joe Biden’s administration and being debated in Congress, according to the latest quarterly CNBC|SurveyMonkey Small Business Survey.
That includes 46% of Republican small business owners showing support for the new Democratic administration’s first major legislative proposal. In fact, Biden’s relief package has much more support from Republicans than Biden has himself. Only 14% of Republican small business owners say they approve of how Biden is handling his job as president.