That “baseline” figure derived from staff analysis, he said, would be a starting point for discussions about how to expand a $350 billion small business lending program that was exhausted in about two weeks.
The Paycheck Protection Program for small business was one of the signature elements of the $2.2 trillion emergency package approved by Congress late last month to try to keep the economy intact until the coronavirus outbreak is controlled and stores and businesses can safely reopen. Small businesses are allowed to take out four-year loans, and any amounts used to pay workers or basic bills like rent are forgiven - in effect turning the loans into government grants.
We have 600 euros
pdacosta Siphoned off by hedge funds gaming the system
That's why Trump wants to open commerce! They don't want to spend because they have nothing for this country only the military and rich folks, folks including corporations.
Awesome, soon we’ll be able to trade U.S. Dollars for Zimbabwe Dollars 1:1
Uncle Fed gotcha back
I guess trumps kids, and trump himself, can collect some of those funds. FecklessSwine
US needs a new president.
Me too
Me too!
Pocket change
Bullish
We have 600 euros
Small businesses just need something. Make it easy to get and get it to them quickly. Most small businesses have gotten nothing in the last 6 weeks.
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Source: BusinessInsider - 🏆 729. / 51 Read more »