Congress, Trump administration close to deal on new aid package

Sunday - 19/04/2020 17:44
House Speaker Nancy Pelosi. | Andrew Harnik/AP Photo
House Speaker Nancy Pelosi. | Andrew Harnik/AP Photo
The more than $400 billion in emergency funding focuses on small businesses hit hard by the coronavirus pandemic.

Congress and the Trump administration are quickly nearing a more than $400 billion deal on emergency funding for small businesses hit hard by the coronavirus pandemic, with passage expected in the coming days.

A deal could be announced as early as Sunday or Monday, according to congressional aides. On a conference call with President Donald Trump and Republican senators on Sunday afternoon, Senate Majority Leader Mitch McConnell (R-Ky.) told Republicans that the only portion of the package not agreed to focused on coronavirus testing, according to a person briefed on the call. McConnell and Treasury Secretary Steven Mnuchin also said the money for state and local government funding, as well as food stamp aid requested by Democrats, would not be included in the deal.

Read More (...)

Source:

Total notes of this article: 0 in 0 rating

Click on stars to rate this article

  Reader Comments

Newer articles

Older articles

In Case You Missed it
Hundreds gather outside US Supreme Court to mourn ‘RBG’

Hundreds of people gathered Friday night outside the US Supreme Court, singing in a candlelight vigil and weeping together as they mourned the death of Justice Ruth Bader Ginsburg.

You did not use the site, Click here to remain logged. Timeout: 60 second