The disagreements spilled into the Senate GOP's Tuesday lunch where Republicans were divided over whether the House proposal should get a standalone vote without additional fixes. Leaders had hoped to fast track the legislation this week with a unanimous consent agreement, but multiple lawmakers including GOP Whip John Thune of South Dakota told CNN that a simple unanimous consent agreement wasn't likely given how widespread disagreements are over the proposal.
It also allowed business owners to use up to 40% of their loan for expenses other than payroll and still get the loan forgiven. The current PPP program dictates business owners have to use 75%, not 60% on payroll to get the loan forgiven."I have concerns," said Sen. Ron Johnson, a Republican from Wisconsin, who said he raised his issues during GOP lunch on Tuesday."There is no rush right now and we really ought to consider if there is a better way of doing these things.
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:
pffft...
Could have given every American the million dollars I suggested and avoided this and had buyers not looters. Would have been a lot cheaper!!
Where division actually coming from is it the Democrats or the Republicans
Get a job.
Of course they are. They can't figure out how to hand it out to their wealthy elite buds and stiff the rest of us without looking entirely guilty. Only mostly
As an economist at Stanford, stimulus checks are ONLY a short term answer! We, as a country, need to think of other solutions, FAST! economy finance Covid_19 StimulusChecks
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.
After a rush for more small business funding, PPP loan money remains untappedMore than a month into round two of the Paycheck Protection Program, there's more than $120 billion still left unallocated for small businesses. Better to allocate and not spend it. Watch Democrats try to take it and hand to corrupt, poorly-run, blue-state governments, pay for abortions, and leftist media. “Mr Wonderful”: Buy $GLD If you’re looking to invest in forex,bitcoin investments and make more money I would recommend Mrs Lisa to you ,I was really amazed when I got my first profit in 7 days of trading I can’t stop spreading the good news thank you ma’am...you can reach her on WhatsApp on +12132243837
Source: CNBC - 🏆 12. / 72 Read more »
Alibaba launches tools for small businesses struggling during pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. THANK YOU🙏
Source: BusinessInsider - 🏆 729. / 51 Read more »
Gun Sales Surge in L.A. as Business Owners, Citizens Seek ProtectionThe violent riots over George Floyd's killing have citizens in Los Angeles panicking and rushing to stock up on protection for themselves and their businesses. Always wondered that....and in NY it’s LEGAL to shoot Arsonists....google it!!!! It's time the protesters armed themselves too for self-defense. Everyone else is armed... The boogaloo instigators, the white supremacists, and those in power. Drop your liberal anti-gun ideology. An ideology will not protect your life. BlackLivesMatter
Source: TMZ - 🏆 379. / 59 Read more »
U.S. Senate leader hopes for quick passage of House coronavirus small business billU.S. Senate Majority Leader Mitch McConnell said on Monday he hoped the Senate would soon pass legislation already passed by the Democratic-controlled House of Representatives easing terms of the coronavirus small-business loan program. Vote AmyMcGrathKY But couldn't give a damn about the hundreds of millions of Americans who could use another stimulus check, even though the house passed such a bill weeks ago. COVID19 StimulusCheck Aziz başgan ne oldu sana böyle
Source: Reuters - 🏆 2. / 97 Read more »