Small Business Administration Doing Its Own Interpretation Of CARES Act

(IARN) — The Small Business Administration (SBA) has been called into question recently with its inclusion methods, or rather exclusion methods, concerning the agriculture industry. Many Ag groups have been lobbying the SBA to extend all their aid programs to farmers and ranchers. Apparently, they aren’t the only ones who are questioning what is going on.

According to the American Farm Bureau Federation budget chief RJ Karney, the SBA is not following the intent of the aid programs in the CARES Act. Over 30 groups are petitioning the agency to live up to the promise made by Congress and the White House.

For more on this story, including comments from RJ Karney, visit the Iowa Agribusiness Radio Network.

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