The House next week is planning to overhaul the government's flagship small business aid program, amid growing concern that it’s become unworkable for many employers.
The legislation that the House is planning to take up next week would give businesses more flexibility in how they use the $670 billion Paycheck Protection Program and still have their loans forgiven. The request has become an urgent demand from restaurants and other industries as shutdown orders nationwide have persisted longer than lawmakers first expected when they created the program in March.
Phillips, previously undecided on the aid package, which Pelosi dubbed “the Heroes Act,” switched his vote to “yes.” Some Democrats have privately questioned whether this move opens up the door to Pelosi shifting strategies completely and putting bills that address narrower coronavirus-related issues on the floor — as opposed to the massive aid packages seen so far — an idea Rep. Peter Welch suggested in a private caucus call Monday.
Still, the move by the House is the latest evidence that the outlook for the economy has worsened since Congress passed a $2 trillion rescue package two months ago and that lawmakers are facing a new sense of urgency in how to keep Americans afloat.
Small Businesses are in an unprecedented emergency and McConn wants to have the Senate take “breaks”? Act like they are taxpayers you need to get votes from!!
Nancy has really blown this. we need new leadership in the house.
Pelosi has become a Trump Democrat
Leave it to.pelosi to waste time and money
She’s going to revamp it with non-related liberal bullshit.
Pelosi will be the people's savior!
So much BS
has Trump been shown that he's bankrupted America, like he bankrupted his businesses, but there's no $ left in the kitty for bailouts? why are they stalling on badly needed relief for Americans.
The next one will be unworkable and the next one and the next one....this is what happens with any major govt program, total and complete incompetence
The 'house' delayed it for weeks already. Now they want to 'overhaul' it? 'This is a tremendous opportunity to restructure things to our vision.' -James Clyburn. Seems like Clyburn was the only one honest about their intentions.