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Rubio warns of surge in small business layoffs if PPP money dries up

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Marco Rubio warned that a new wave of small business layoffs could come if Congress does not re-up the funding to the Paycheck Protection Program in its next round of coronavirus relief spending.

, R-Fla., warned on Wednesday that a new wave of small business layoffs could come if Congress does not re-up the funding to the Paycheck Protection Program in its next round of coronavirus relief spending.

The Florida Republican's comments came as Democrats and the White House continued negotiations over the next Covid-19 stimulus package. The two sides have said that progress has been slow, and a deal is not expected until next week at the earliest. Rubio is the chairman of the Senate Small Business Committee.

Republicans proposed last week allocating $190 billion to the program. In contrast, a $3 trillion proposal unveiled by House Democrats in May did not include any new PPP funding.

 

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Rubio warns your tax dollars are being used to pay bussiness owner to keep unemployment low

As a now 'outed' at-risk RINO, Rubio needs to deliver govt money to his constituency to try to buy his relection?

Thanks for the free 10k last round. Waiting for the next round. All this free money has been going to gold and is paying off 🤣

Yes marcorubio but there are many making bank because no over sight.

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