The House next week is planning to overhaul the government's flagship small business aid program, amid growing concern that it’s become unworkable for many employers
The House next week is planning to overhaul the government's flagship small business aid program, amid growing concern that it’s become unworkable for many employers.
The legislation that the House is planning to take up next week would give businesses more flexibility in how they use the $670 billion Paycheck Protection Program and still have their loans forgiven. The request has become an urgent demand from restaurants and other industries as shutdown orders nationwide have persisted longer than lawmakers first expected when they created the program in March.
Phillips, previously undecided on the aid package, which Pelosi dubbed “the Heroes Act,” switched his vote to “yes.” Some Democrats have privately questioned whether this move opens up the door to Pelosi shifting strategies completely and putting bills that address narrower coronavirus-related issues on the floor — as opposed to the massive aid packages seen so far — an idea Rep. Peter Welch suggested in a private caucus call Monday.
Still, the move by the House is the latest evidence that the outlook for the economy has worsened since Congress passed a $2 trillion rescue package two months ago and that lawmakers are facing a new sense of urgency in how to keep Americans afloat.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Nancy Pelosi says Trump is 'morbidly obese' and should not take hydroxychloroquineThe FDA said the drug has 'not been shown to be safe and effective for treating or preventing COVID-19' and that it should not be used 'outside of the hospital setting or a clinical trial due to risk of heart rhythm problems.'
Weiterlesen »
Nancy Pelosi Says Trump Shouldn't Take Unproven Hydroxychloroquine Because He's 'Morbidly Obese''I think it's not a good idea,' said the House speaker about the president's choice to take the drug before it's even been officially approved to treat coronavirus
Weiterlesen »
Pelosi slams Trump for taking hydroxychloroquine, calls him 'morbidly obese'Speaker Pelosi slams President Trump for his decision to take hydroxychloroquine, saying that health experts have warned about its effects and that it could be harmful to the president because she said he's 'morbidly obese.'
Weiterlesen »
Pelosi slams Trump for taking hydroxychloroquine, calls him 'morbidly obese'The FDA warns against the drug&39;s outside of a hospital setting or a clinical trial due to risk of heart rhythm problems.
Weiterlesen »
Nancy Pelosi Says ‘Morbidly Obese’ Trump Shouldn’t Take Hydroxychloroquine for CoronavirusSpeaker of the House Nancy Pelosi said that President Trump shouldn’t be taking the antimalarial drug hydroxychloroquine because he’s “morbidly obese” and at risk for negati…
Weiterlesen »