Senate Democrats Block GOP Effort To Boost Small-Business Aid

  • 📰 NPR
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Senate Democrats blocked a GOP effort to add $250 billion in small-business loans. Sen. Ben Cardin, D-Md., called Mitch McConnell's request a 'political stunt' — saying it won't help small businesses as quickly as adding more funding for grant programs.

Patrick Semansky/AP

"We need more funding – and we need it fast," said Senate Majority Leader Mitch McConnell on the Senate floor."To my Democratic colleagues, do not block emergency aid you do not oppose just because you want something more. We do not have to do everything right now." "One of the concerns that we have about the original $350 is a lot of money [is] first come, first serve, and many un-banked people who are under-banked or unserved on that basis ... don't have banking relationships ... in a way that others do," Pelosi said."So we said for the next $250 , we really need to have a percentage of that — $60 billion — that would go to something called the community development of financial institutions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SenatorCardin and ChrisVanHollen please, no more corporate welfare. Workers, not CEOs and stockholders need relief.

WTF!?

& CNN business politico later showed the world what partisan hacks they are by changing headlines to falsly say Republicans blocked. Country B4 party! Ppl need to wake up to what media has done & continues2do. Some r openly trying to affect our election instead of informing

NPR should be ashamed of themselves for this headline. Do you not see the problem with this headline? You and journalism as a whole loses credibility when news organizations do this. I don’t think it’s worth whatever you are trying to achieve.

Cardin.. The lousy Maryland Senator who wants small businesses to fail! Shame on you Senator.

Trump admin must not restrict oversight, it's criminal. TheDemocrats GOP

What? Try that one again please.

Still playing politics. McConnell should be jailed for what he has done to our democracy. mcconnellforprison

Please encourage your friends and followers to apply for absentee ballots. Everyone should be able to vote by mail. EverybodyVotes

Republicans trying to act like they care about small businesses is a hoot. Lmao

BREAKING: Senate Democrats stall President Trump's $250 billion business virus aid package, demanding protections for minority-owned businesses and matching money for health care providers and state and local governments.

The program is working democrats are not howcouldyou

TrendyIdentity Oh, THAT blocked.

Cardin is correct. Small businesses need grants.

As an independent, I know loans go through banks and grants are funneled through Democrat created programs. Banks have more oversight. The public waits! politics. SmallBusinessRelief SmallBiz

Bottom line: Small business owners and Contractors need aid and they need it now!!! Come on

Of course he did, he’s not a small business owner. Sickening

Let’s understand... means testing average Americans out of a little stimulus, small stimulus to hospitals during covid19, and limited help for small biz? But open up the flood gates for airlines, NASA, KenCen, Wall St and monopolies? Our red & blue gov is corrupt.

DoNothingDemocrats 🤦🏾‍♀️ DemExit ✌🏾

krause_steph I have a small business- stop getting in the way- adequately fund the PPP.

Thank goodness. It was just another slush fund for Mnuchin and Trump

GOPigs and their treason slush fund. Every single time a Republican becomes POTUS they spend money like they have never had it, they go to war, they destroy democracy, AND DEMS ALWAYS HAVE TO COME BACK INTO POWER TO SAVE THE UNION. FUCK the GOPigs. GOP realDonaldTrump

Good for SenateDemocrats

Don't call it aid Our legislature? MIGOP GOP fighting for entities NOT people PeopleFirst Get Unemployment to these people McConnel_leads realDonaldTrump

DefundNPR

Senate Democrats are trying to help the little guy, and thwart repeated attempt to line the pockets of Big corporations. I'm disappointed in your stilted headlines...

ladydreamspeed Loans to small businesses while free money to big businesses

Fix your damn headline.

FelDakat Go Democrats!!!? Mitch McConnell still trying to hurt the Poor and Give more to friends Blue 🌊 Kentucky

voteGopSenateout2020....You can’t trust MoscowMitchMcTreason DumpTrump2020

senatemajldr has literally blocked EVERYTHING.

When your company doesn't get a loan and you get laid off. Thank Senate Democrats and the media like npr for letting them get away with it.

Dems are evil. Print that.

Moscow Mitch McConnell Still blaming others! Vote Blue 🌊 Kentucky

So sick of being the kids (American people) of a nasty divorce (all politicians) who wont compromise, care about their own power and are outwardly hostile and the “kids” suffer. And the lawyers (media) line their pockets. politicalnastydivorce

Grants are better for small businesses that is why Democrats didn’t support McConnell’s Bill. showing its true colors again

If you get your news from NPR you are already too stupid to understand that the liberals number one priority is climate change they could care less about the virus. Need money for Liberal pet projects like climate change. Claimant always changes liberals don’t know that though.

DemocratsHateAmerica

Delete this context-free garbage.

Duh! Democrats hate small business

Senator McConnell, know this for what it is, WE AMERICAN PEOPLE SURELY DO. BREAK THEIR BACKS, WE ARE WITH YOU!! Dont fret over it, there is a way around or over or THROUGH them. You knew they would pull some kind of KRAP, its what they are. YOU KNOW WAYS TO GET THIS DONE!

The problem was that McConnell was trying to push it through by unanimous consent, since the Senate is in recess with senators scattered all over the country. Democrats wanted more money for hospitals and for states to help with unemployment claims.

Mitch McConnell is a traitor to this country he don’t care about the working class only himself . Kentucky I hope will be smart in November and take him out of office so we get back to helping people the working class and not his rich friends like a lot congress should be out

They don't need loans. Small businesses need grants.

MoscowMitch and DirtyDonald the ImpeachedForLife CorruptionCrusader ALWAYS THINKS of SELF and REPUBLICAN GOP PARTY. AbortTrump COVID19

They co-wrote it. defundNPR

The GOP's idea of 'small businesses' are for rich guys like Sheldon Adelson and his hotels / casinos and not actual mom and pop small businesses, they actually make it harder for these mom and pop shops to get the loans

Wonder why..... “Democrats offered an amendment to add $100 billion for hospitals and $150 billion for state and local government in addition to the small-business spending, along with the restrictions” REPUBLICANS BLOCKED IT

Why not have two separate bills? Oh, they aren’t the ones who lost their jobs 😡

While we're printing money Let's just go ahead and print enough. We can bail out the world!

Hosp. voting... more help ... workers.. no mitch.

DemocratsAreDestroyingAmerica DemocratsHateAmerica DemExit2020

Hey Moscow Mitch, are you mad that they’re blocking your Kung from getting his hands on our money?

Moscow Mitch do all the damage you can. SenateMajorityLeaderMcGrath will be relieving you of your crime spree soon!

RiskyLiberal The Grim Reaper Mitch McConnell tries underhanded tactics to get more money to political donors. Fixed the Headline for you. Your welcome

RachelAzzara

RachelAzzara

No more welfare for the rich! Republicans can use the $500 million that Trump wants to keep for his family's business & corrupt associates.

Screw them. I'll just go back to work.

So every republican voter is cool with just cutting checks without knowing where the moneys goes?

Good. peopleoverprofit

do NOT change that headline, I see comments that just won’t admit the Truth. Fool us once with KennedyCenter, SmallBusiness will not be held hostage to SocialAgendas

You mean a SpeakerPelosi stunt

NPR is a political stunt. Why would ANYONE quote a Democrat? They were responsible for slavery, Jim Crow, Internment camps, Trail of Tears, smearing Kavanaugh and Covington Boys and basically bullying for 200 years.

Why not keep helping the people big business is not open the people canwork been out of work at least a month with no income copboards bare and the stimulus still have not met the people people lost income health insurance so now what this country needs to think of cost of GP

*Senate Republicans block a Democratic amendment to include help for healthcare workers There, fixed it for you

dupergramp Directing funds to community-based banks seems like a reasonable ask that would only be opposed by senators being funded by big banks.

Thank you SenateDems ! You are fighting for us and it is so appreciatef!

try trickle up economics. Give the middleclass the money. They buy more retail goods and services. The retailers hire more workers and sell more goods and services. The wholesalers hire more people, make and sell more goods and services. Everyone prospers including big business .

Most of the smaller small businesses won’t qualify either way.

Republicans blocked witnesses in a criminal impeachment case.

That’s cause pimps, hoes and drug dealers weren’t included

This is a war being waged by republicans on American citizens. Wake up

Why didn't you show a picture of a Democrat leader?

Kill Mitch McConnell

mitch needs to go. now.

Try: 'BREAKING: Senate Democrats stall President Trump's $250 billion business virus aid package, demanding protections for minority-owned businesses and matching money for health care providers and state and local governments.' That's how you do a fair headline. via AP

Write better headlines, NPR. Democrats are fighting for national vote by mail. The headline should be 'Democrats refuse to vote on Republican bill that excludes national vote by mail in November.'

TURTLE DOESN'T GIVE A SHIT ABOUT AMERICAN PEOPLE. HE ONLY CARES ABOUT KISSING HIS IMPOTUS'S ASS!

Democrats are playing games during this crisis...not good at all.

Shouldn't this read, 'Senate Republicans block Democratic proposal to double the size of the emergency relief bill by adding $100 billion for hospitals and $150 billion for state and local governments?'

What Democrats are doing is a stunt. Senate Dems don't even disagree with it. They just want to hold us hostage for more of their pork.

Democrats at it again. They are desperate for an economic collapse.

Always siding with the left. DefundNPR

They aren’t interested in helping Americans in need unless there’s something in it for their radical agenda. Shameful. DemocratsHateAmerica SenateDemocrats COVID coronavirus

SHAMEFUL.

I don't care what team you're on. Our Congressional leaders are absolutely some of the worst in known History.

Must you *always* take the conservative framing with every story? You’re never going to convince them you’re even fair let alone carrying their water for them, so why do this?

Mitch trying to make Pelosi look like the villain...Laughable

McConnell will do what Trump tells him to. Trump could shoot Mitch McConnell in the balls and he'd still do his bidding. He'd find a reason why the shooting in the balls was necessary and say what a great leader Trump is for doing it. Republicans blindly follow, no matter what

This is ridiculous. They need to issue the FULL amount to the SBA for banks to lend to small businesses

Same way Mitch blocked $250M to beef up election securities. Sad during a pandemic it has to come down to this. No one pushes the Madam Speaker around.

Democrats have become republicans

Dems want oversight on the spending Not allowing it to be a give away to big biz

Wish the Democrats cared as much for the poor and Homeless American citizens

The entire govt is out of control.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate Democrats block $250 billion in small business relief, accuse McConnell of a 'political stunt'The decision to prevent the relief from passing came despite another 6.6 million people filing for unemployment benefits last week, bringing the total number of Americans who've said they've found themselves jobless in the past three weeks. good for them, gotta watch moscowmitch carefully, he is such a turd Republicans just blocked a critical bill to aid small businesses, all because it also included help for communities on the front-lines, hospitals, and nutrition benefits for those going hungry. Shameful. Confronting this crisis requires helping ALL who need it.
Source: Newsweek - 🏆 468. / 52 Read more »

Senate Democrats block GOP bid for $250 billion in small-business funds amid impasse over coronavirus aid'BREAKING: Senate Democrats blocked a Republican proposal to add $250 billion to small-business coronavirus relief funds on Thursday after demanding the inclusion of additional resources for hospitals and state and local governments More pelosiPork Back to helping themselves to seconds? Disgusting. Yahoo Good, if nothing else the Democrats know that to deal with Trump, everything has to be spelled out word for word as to where the money is going or it will end up in the accounts of millionaires and billionaires.
Source: YahooNews - 🏆 380. / 59 Read more »

Senate will vote to pass more small business aid Thursday, McConnell saysTHAT IS REALLY BAD, THE CURRENCY DEVALUATION WILL CAUSE HYPER INFLATION, DO THESE IDIOTS REALIZE THEY ARE NATIONLIZING THE CAPITAL MARKET. DO YOU KNOW WHAT THAT MEANS? MILK AT $100 more free money marcorubio Yea I went to the HouseDemocrats and HouseGOP with my ideas last night - because I truthfully believe that Pelosi has a more powerful voice than any Senator. I am sure you don’t disagree.
Source: CNBC - 🏆 12. / 72 Read more »

Small business funding hits snag in Senate with McConnell and Schumer at an impasseSenate Democrats are expected to block a GOP measure for $250 billion more for small businesses and instead offer a broader proposal of their own. How lawmakers will overcome the impasse remains to be seen. No funding for local media. That’s fkn bullsh!t why? why cant the republicans make those seemingly reasonable concessions to the bill? what is the issue? food stamps? farmers? local banks? i don't get it? Make sure that you put everything that you need to get this bill right now. We all know who’s side Mitch is on.
Source: Newsweek - 🏆 468. / 52 Read more »