Senate Hits Impasse over $250 Billion in Coronavirus Small-business Funds

Posted By American Med Spa Association, Friday, April 10, 2020

The Senate hit a standoff Thursday over a Republican proposal to add $250 billion in small-business coronavirus relief funds to a program on pace to run out of money.
Senate Majority Leader Mitch McConnell, R-Ky., had sought unanimous consent—a procedural maneuver to pass a bill without having lawmakers vote—to approve more funding for the Paycheck Protection Program, but Democrats objected, claiming McConnell was politicizing the push for more small-business money.
In turn, Democrats tried to add more funding for hospitals and state and local governments, which Republicans blocked.
McConnell's proposal also lacks the support to pass the Democratic-controlled House.

Read more at NBC News >>