This brief outlines how the Small Business Administration's long-standing 7(a) loan program can build upon the lessons learned during the COVID-19 pandemic to strengthen its operations and impact.
The authors review the impact of the Paycheck Protection Program (PPP), a government initiative that allowed small businesses to apply for low-interest loans during the COVID-19 pandemic. While the PPP helped cover employment-related expenses and mitigated unemployment for some businesses, it remained inaccessible to others, they conclude.
Morocco's Justice and Development Party attempts to preserve its leading political position by presenting itself as an alternative to a system that, according to the PJD, is corrupt and morally bankrupt.
The authors examine the arguments for and against source-based capital income taxation, focusing on the factors that countries must balance in thinking about the extent to which they should rely on a corporate income tax as a significant source of revenue.
While the recent fiscal troubles in Greece have received much attention, the U.S. fiscal position is hardly comparable to that of Greece. However, the United States is experiencing, and will continue to experience, one of the fundamental economic costs of relatively large and persistent deficits.