NJBIA President & CEO Michele Siekerka tells New Jersey Network News’ Larry Mendte that unspent federal CARES Act funds already distributed to New Jersey should be used to help Garden State businesses that are barely hanging on after months of closures and COVID-19 operating restrictions.
“We’ve had federal CARES Act money sitting on the sidelines, not being utilized now for eight months—money that has to be spent by the end of the year,” Siekerka told Mendte on “Jersey Matters” over the weekend. “We should free up more of that money for the business community.”
And while businesses need more financial resources, the one thing they do not need is more burdensome and costly mandates, especially now, Siekerka said.
“We have asked the government… to take a pause,” Siekerka said. “No more mandates on New Jersey businesses while they’re just trying to take a breath in order to get to a point where they maybe can turn a dollar in profit again,” Siekerka said.
To watch the entire interview, go here.