Congress and the Trump administration have reached a deal on a new round of coronavirus aid that could be approved by the Senate on Tuesday afternoonSenate Majority Leader Mitch McConnell announced the accord just an hour before the Senate will try and pass the agreement and rapped Democrats for blocking a previous proposal to give money to small businesses."I am just sorry that it took my colleagues in Democratic leadership 12 days to accept the inevitable," McConnell said.
"I think it will happen at 4 o'clock today," Senate Finance Chairman Chuck Grassley agreed on C-SPAN. "I think it will go a long way for small businesses." The deal also includes $60 billion in loans and grants for economic disaster assistance, $75 billion for hospitals and $25 billion for coronavirus testing. Of that testing money, $11 billion will go to states and some will also go to the federal government.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
What if any special concessions were agreed upon this time, now that the NY museums are funded?
Oh look it is Stupid & Grift redistributing taxpayer money yet again to the lucky few and telling others to take $1200 for the duration and shut up. Are they going to do more WatchMeEatCake pics and vids?
The $484 billion deal, struck by congressional Dems and Republicans with the Trump admin, centers around refilling the depleted Paycheck Protection Program, but it also includes some Democratic priorities like hospital funding and coronavirus testing
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Congress expected to announce deal on latest coronvirus relief, small business loansSenate Minority Leader Schumer says lawmakers have reached a deal with the White House on a nearly $500B interim coronavirus bill that includes additional funds for the small business loan program as well as more money for hospitals and testing. Save most of it for Georgia, I give them 3 weeks to abandon their new life. 🍑🍑🍑🍑🍑 Anything for people? Like Canada... possible expansion of the snap program?
Source: MSNBC - 🏆 469. / 51 Read more »
Schumer Says He Believes Congress Has a Deal on Small-Business AidSenate Minority Leader Chuck Schumer (D., N.Y.) said Tuesday morning he believed congressional leaders had reached a deal on aid for small businesses grappling with the fallout from the coronavirus pandemic. And another a thousand pages of Green new deal. Democrat scumbags should have had this passed a week ago. Whats this deal 🗑 There better not be any pelosiPork
Source: WSJ - 🏆 98. / 63 Read more »
Publicly traded firms get $300 million in small-business rescue loansA relief fund for small businesses amid the coronavirus crisis has wound up helping companies with thousands of employees and past regulatory run-ins. “If it’s called “looting” when poor people steal groceries during a disaster, what’s it called when the Senate tries to smash and grab billions for corporate executives during a pandemic” ~Erin Ryan morninggloria Answer: Mitching GOPCorruption This underscores either Mnuchin's incompetence rolling out the plan or his corruption in planning the distribution of funds. A review of how many were Goldman Sachs clients should be in order. How could anyone approve the bulk of funds going to so few. Recoveries must be demanded See the ancs picture
Source: latimes - 🏆 11. / 82 Read more »