Stimulus program for small business nearly depleted as Congress still negotiating a deal

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Over roughly two weeks, about 90% of the $349 billion set aside to help businesses stay afloat during the coronavirus pandemic has been allocated.

The top Republicans in the Senate and House – Senate Majority Leader Mitch McConnell and House Minority Leader Kevin McCarthy – said Democrats were holding American workers"hostage" to political demands.

Senate Minority Leader Chuck Schumer, D-N.Y., spoke with Mnuchin on Wednesday and said Democratic staff from the House and Senate were planning to meet with the Treasury Department later in the day. "I can’t guarantee that we can get to an agreement that we can pass by Friday," he told reporters on a conference call Wednesday.

 

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Obviously the relief/stimulus package was not adequate to effectively deal with the economic consequences of this issue.

I guess our federal debt doesn’t matter.

Wow

Those republican senators got the money to their constituents so fast it made their heads spin.feedingfrenzy

No

Whats your magical powers

And of course democrats are now blocking additional funding for our small businessmen. Scum.

It’s not socialism when the rich do it

But it has not been allocated to people due to stupid delays. Businesses can not exist without people.

Now is the socialist opportunity to end free commerce

to whom?

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