It’s proving really hard to give away $350 billion

Post Reports

The Washington Post

Daily News, Politics, News

4.4 • 5.1K Ratings

🗓️ 6 April 2020

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Aaron Gregg on the realities of getting a small business loan under the stimulus plan. Nicole Dungca reports that the federal government lagged for months in helping local officials respond to the coronavirus pandemic. Plus, Karin Bruilliard reports that the plight of tigers around the United States goes beyond what we saw in the Netflix documentary “Tiger King.”

If you’re a small business, here’s how to get a loan under the $349 billion aid bill.

While President Trump declared the coronavirus under control, local leaders faced confusion and chaos as cases piled up.

How ‘Tiger King’ became a tale more about people than big cats.

Follow The Post’s live coverage of the coronavirus pandemic here.

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Transcript

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0:00.0	From the newsroom, I'm The Washington Post.
0:04.3	Hi, this is Vanessa Williams from The Washington Post.
0:08.3	Hey, it's Philip Rutger at The Washington Post.
0:10.9	Do you have a minute?
0:11.9	Hi, this is Dan Zag.
0:13.4	This is Post Reports.
0:14.9	I'm routine powers.
0:18.8	It's Monday, April 6.
0:23.4	Today, complications with small business loans, how local leaders were left in the dark
0:28.2	on COVID and the reality beyond Tiger King.
0:36.7	This crisis has affected small businesses, particularly storefronts, services, and the
0:42.1	US service-based economy in a way that no other economic crisis has that anyone can
0:48.1	remember.
0:51.1	Small businesses across America are really responsible for about half of the private sector employment
0:56.8	in the United States.
0:58.4	That is massive.
0:59.4	That is just so many millions of people whose jobs are at risk here.
1:04.6	These businesses really are desperate for any sort of bridge that will get them across
1:09.0	this gap.
1:12.5	My name is Aaron Gregg.
1:13.5	I cover business issues for The Washington Post.
1:19.3	So the federal government has already approved about $350 billion in the form of small business
	...

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