Republicans divided over fixes for small business Paycheck Protection Program

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.

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

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