Coronavirus bill talks will go through the weekend after small business funds dry up, Schumer says

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Democrats and the Trump administration are trying to reach an agreement on a bill to replenish a popular small business loan program.

Chuck Schumer said Democrats and the Trump administration will talk through the weekend about another emergency coronavirus relief bill.

Democrats have sought more funding for hospitals and state and local governments as Republicans try to replenish a small business loan program approved last month.Senate Minority Leader Chuck Schumer makes a statement after meetings to wrap up work on coronavirus economic aid legislation, during the coronavirus disease outbreak, in Washington, U.S., March 22, 2020.

"We've had constructive talks. They're going to continue through the weekend, and I don't see any reason why we can't come to an agreement soon," Schumer told MSNBC's "Morning Joe." Schumer has faced criticism for delaying more funding to the program, which is designed to keep workers on small business payrolls. On Friday, he said "it's vital we help small business, but if we don't deal with the testing and health care problems, if we don't deal with local government problems, small business may have enough money to get back, although we've got to fix that program, but people won't go out on the streets.

The senator noted that President Donald Trump sounded more hopeful about talks on Thursday night. At a White House coronavirus briefing, the president said he expected "something's going to be happening."

 

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I wish someone would accidentally step on his glasses that he always look over to talk down to everyone.

Krispy Kreme Shucky doing what is best for Chucky

The govt consumed the economy’s excess capital, replacing it with a mountain of IOUs, which are just claims on your future production (your taxes). At the same time, it build powder kegs of risk in the private sector via artificially low rates.Broke and ready to explode. Print!

President Trump's Virginia vineyard could be eligible for a federal bailout under the $2.2 trillion coronavirus stimulus he signed into law last month IDIOT, how many Trillions do you need to bailout your failing estates

Capitalism- a true free market and a gold standard- was destroyed. That is why we are here. Period. Government coercive control of currency and capital does not work, because coercive control- threat of seizure, license revocation, jail- prevents men from acting on their minds

Why do financial markets still act like the complete global lockdown won't hurt the economy? To me this seems as a huge asset bubble, all these bailouts are unhealthy on the long run and QE will prove ineffective, which it already is for a matter of fact.

Chuck needs to get his nuts out of Nancy’s purse!

'Democrats and the Trump administration are trying...' No, the Democrats are holding this up, again; in order to maximize the pain.

Why is adding additional funds to an already existing package taking so long?

What is there to talk about is all they have to do is add money to the existing bill democrats want to really screw small businesses anything can be added later don’t hold up money for small business at least this time it’s not for illegals like last time

Thanks for pointing out the enemy of small business.

Contemporary Socialism, How Monetary Policy is eroding our Capitalistic Structure. These bailouts are unhealthy.

What is there to talk about? Give the SBA more money to help fund our small businesses. This is ridiculous that the Ds are not allowing this to move forward right now.

Democrats legitimately don't care. They only care about the stupid people that they brainwash into voting for them

Prop up assets long enough, we may look like pre-revolutionary France yet! How long do you think the broke masses will look at a rising stock market, before realizing it’s all an artificial, distorted, gamed joke?

Just admit it Chuck you are the one holding up the bill.

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Emergency funding for small businesses affected by the coronavirus - Business InsiderNow that the $349 billion in federal PPP loans for small businesses has run out, founders will have to turn to new sources of cash and financing. You forgot to mention the D’s blocked it.
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