House agrees to extend small business rescue program

Just weeks ago, earlier legislation revamping the terms of the loans nearly stalled in the Senate after critics of the program resisted.

It has delivered more than half a trillion dollars in financial support to employers since it launched in early April, and the short extension now buys time for lawmakers seeking to keep it alive in a new form for the next several months. At a hearing Wednesday morning, Velázquez said that until lawmakers knew where the money was going, “We cannot blindly extend the program.”

DOA in senate

A day late and dollar short! Should have NOT taken a pay raise or funded public radio or Kennedy Center the 1st time. STOP PILING ON DEBT HouseDemocrats SenateDems SpeakerPelosi STAND UP gop HouseGOP SenateGOP n expose the truth

Doesn't the senate have to pass it too?

This needs to happen!!

Stimulus for those who are unemployed due to the shut downs. Many many people are not working and it’s not by choice. Renew the unemployment benefits immediately!

This is bad because it will help voters keep their jobs and businesses and voters deserve to be on their own with no help.

Stupid&Grift at it again. Picking winners for free taxpayer money while kicking losers in the head. Theft.

What other garbage did they add to it?

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Senate votes to extend small-business coronavirus relief program through AugustNEW: Senate votes to extends small business coronavirus relief program through August 8; bill moves to House. Crafty, cunning yet a Clueless Covfefe needs a miracle to win and miracles are hard to come by: Joe Biden holds a whopping 14% lead! Shed red Go blue Anyway, four more months to go before the fat lady would sing on November the 4th. Till then.. Government continues to destroy the economy while printing more money to lower the value of yours while taxing you to pay the interest on the loans they'll never repay to 'HELP' you. But Senate Republicans say unemployed Americans can go screw themselves.
Source: MSNBC - 🏆 469. / 51 Read more »

Senate extends small business coronavirus relief programThe move by Maryland Sen. Ben Cardin came hours before a deadline for applying for the program, which was created in March and modified twice since. Why would a business, with a disrupted revenue stream, take on debt? To pay debt servicing costs, the revenue stream must be in tact and growing. Unemployment chuck Here comes the largest can kicking and stimulus injecting in history! As long as Trump and his coolaid drinkers don’t take the virus seriously, we will be adding $2T in debt every month. Have fun!
Source: CNBC - 🏆 12. / 72 Read more »