Congress begins talks on small business aid after partisan dust-up

U.S. Senate Majority Leader Mitch McConnell walks to the Senate Chamber floor on Capitol Hill in Washington, U.S. , April 9, 2020. REUTERS/Tom Brenner

“There is a disparity in access to capital in our country. We do not want this tragedy of a coronavirus to exacerbate that disparity or to ossify it, to solidify it,” Pelosi said in a conference call with reporters. The $250 billion in small business loans, which could turn into government-paid grants if lenders meet certain terms, would be in addition to $349 billion already allocated.

The lobbying group called for changes, including more flexibility in use of the loans and replenishment of a separate disaster aid arrangement.

Since today's conservative economics is all about using the power of big government to facilitate upward wealth redistribution, it should be no shock that when given unchecked power, conservatives will use the power of big government to facilitate upward wealth redistribution.

Will Congress talk on Veterans Appeals Cases Do te President have plans to ensure VA are taking care of veteran needs?

Is there a good looking politician in the States

Good luck on that

Dems can’t let a bill go without doubling it w Pork

Old swings sharply as OPECS agrees to cut a third of demand lost to Covid19

Love their MAGA uniforms. 🤢

It’s not partisanship. It’s one party who wants a half ass measure

Okay, I'm going to put some mighty magic HOPE on this and wait to see the ABRACADABRA tomorrow. Hey, it could happen.

2. for additional 250 plus billion, that request issued by Mnuchin to Moscow Mitch, needed within 48 hours. 48hrs? These disgusting criminals want more but have not processed the 400 billion of the CARE Bill. A second attempt to steal. Additional amount without controls? NO, NO

5 Venid, y ved las obras de Dios, Temible en hechos sobre los hijos de los hombres.

Dracula from Kentucky needs MORE BLOOD

Enough of spending trillions of dollars we don't have.

Mandated voting by mail for every state must be required in one of these bills. We can't let Republican hacks pervert democracy. :)

Just print more money for everybody. After today's FED Reserve moves to buy junk debt, nothing is off the table. Good bye USA.

👍👍👍

Guess MoscowMitch is going to have to work with Dems... poor guy doesn't get to bulldoze partisan legislation through.

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Exclusive: Second India coronavirus stimulus to focus on aid to small businessA second stimulus package India is poised to announce in coming days will be worth around 1 trillion rupees ($13 billion) and focus on help for small and medium businesses weathering the coronavirus outbreak, two senior officials said on Wednesday. Where is my Wren and Martin? Let hope an good stimulus package Small 'businesses'..🙏🙏
La source: Reuters - 🏆 2. / 97 Lire la suite »

Senate Democrats block GOP bid for $250 billion in small-business funds amid impasse over coronavirus aidSenate Democrats block a Republican proposal for $250B in small-business relief funds on Thursday after demanding the inclusion of additional resources for hospitals and state and local governments.
La source: NBCNews - 🏆 10. / 86 Lire la suite »

Mnuchin seeks $250 billion more in small business aid, as Senate vote is planned for Thursday“I want to assure all small businesses out there: We will not run out of money,” Treasury Sec. Mnuchin says, after announcing yesterday he is seeking an additional $250 billion in small business aid. Yeah because they will print to infinity. They aren't even restricted by needing paper to print on since it's all digital printing and digital inflation. They are doing what they can under a tight timeline, and that’s a good thing. We need to keep the pressure on though, because there is much more to be done. And at the same time - it is very necessary to keep a watchful eye on how these big corporations allocate relief funds. Mnunchin by far has been President Trumps best and most reliable cabinet member
La source: CNBC - 🏆 12. / 72 Lire la suite »

Bankers plead with Trump: Fix small business rescue planFrustrated bankers today directly appealed to Trump to fix problems with a Small Business Administration system that is holding them back from issuing $350 billion in government-backed loans designed to avert mass layoffs during the coronavirus pandemic The screwover of small businesses by Congress was clearly intentional.
La source: politico - 🏆 381. / 59 Lire la suite »