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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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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Small business loans top $296 billion and could reach the program's limit by the end of WednesdaySmall business loans top $296 billion and could reach the program’s limit by the end of Wednesday Meanwhile Pelosi nowhere to be found JerrValtNews Thank Pelosi and Schumer for playing politics Who's getting the money? Not my small business that's totally shut down!
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To save the US economy, policymakers need to understand small business 101The small business landscape has changed dramatically over the last few decades, and policymakers need to understand the demographics in order for economic stimulus to be properly aligned for Main Street. acorns Amazon will soon replace majority of them so NO NEED TO WORRY ,
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Small-Business Funding Dispute Challenges Community LendersCommunity lenders are having a tough time getting a piece of the $350 billion set aside under the SBA’s Paycheck Protection Program (Corrects an earlier tweet that said this figure was $350 million, which has been deleted)
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