WASHINGTON, D.C. – In response to today’s passage of House passage of a $2.2 trillion emergency economic relief package following Senate passage earlier this week, the following statement can be attributed to NAB President and CEO Gordon Smith:
“NAB is grateful to Congress and the White House for passage of the coronavirus relief package today. Allowing businesses with fewer than 500 employees to gain access to forgivable Small Business Administration loans will go a long way towards keeping many broadcasters and local businesses afloat during these difficult times.
“The devastation to Main Street businesses – and to local broadcasters who support those businesses to drive commerce in hometowns across America – is unprecedented. Going forward, NAB will be advocating for further relief for broadcasters who keep communities safe with life-saving emergency information and fact-based journalism.”About NAB