Coronavirus relief deal for US small businesses may come Monday: Trump

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WASHINGTON: US Democrats and Republicans are near agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and ...

WASHINGTON: US Democrats and Republicans are near agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as early as Monday , President Donald Trump said, despite hopes for a deal on Sunday.

An agreement would end a stalemate over Trump's request to add US$250 billion to a small-business loan program established last month as part of a US$2.3 trillion coronavirus economic relief plan. That fund has already been exhausted. Governors of hard-hit states have said they need more federal funding for increased testing and to cope with the pandemic's effect on their budgets.

Trump, who praised Cuomo at his briefing, said Vice President Mike Pence would lead a call with all 50 state governors on Monday to talk about further coronavirus aid.

 

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