US Congress approves extension of small business Paycheck Protection Program

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The U.S. Senate on Thursday voted to extend the COVID-19 pandemic Paycheck Protection Program (PPP) until the end of May, giving small businesses ...

WASHINGTON: The US Senate on Thursday voted to extend the COVID-19 pandemic Paycheck Protection Program until the end of May, giving small businesses more time to apply and the government more time to process requests.

Biden told a news conference he hoped for a significant turnaround in the U.S. economy, saying forecasters expected vibrant growth as a growing number of people get vaccinated against COVID-19, which has killed more than 545,000 Americans. "We are reaching the most needy," Cardin said in a speech on the Senate floor on Wednesday urging passage of the extension.

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:

 /  🏆 6. in UK
 

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

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines