Congress reaches deal on $450 billion package to help small businesses, sources say

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BREAKING: US lawmakers have reached a deal on a bill to provide new funding for small businesses hurt by the coronavirus outbreak, sources say.

Congressional negotiations have reached a deal on a bill that includes hundreds of billions of dollars in new funding for small businesses hurt by the coronavirus outbreak, three sources familiar tell CNN.

The text of the bill should be unveiled as soon as Tuesday afternoon as the two sides give the deal a final read. Lawmakers will try to pass it in the Senate at 4 p.m. ET when the chamber convenes for a pro forma session.President Donald Trump signaled his approval of the deal on Twitter, saying,"I urge the Senate and House to pass the Paycheck Protection Program and Health Care Enhancement Act with additional funding for PPP, Hospitals, and Testing.

 

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Ruth Chris steak house received 20 million in small business administration loans under the paycheck protection program. how is a 100 million dollar business be considered a small business? there need to be guidelines. this money is given to the big business.

Are lying big companies going to return funds to PPP?

See how the CNN coverage compares against other news outlets on Ground News Coronavirus U.S.Senate Economy Medical Business

What is the giveaway for Kentucky by MoskowMitch ? He has to get his 'equity'

O país tem uma subnotificaçao imensa. O prefeito de Manaus afirmou q a média diária de sepultamento passou de 30 para 122 sepultamentos por dia. Daí a pergunta, como pode ter dias como ontem q em todo Brasil só foram notificadas 113 mortes?

A real functioning country

Congress reaches deal to replace money for small businesses that was some how stolen......

Number of articles on Christine Blasey-Ford's allegations against Brett Kavanaugh in the 19 days after the allegation was made: Nearly 700. Number of articles on Tara Reade's allegations against Joe Biden in the 24 days since the allegation: One. What changed?

Here's hoping that more companies like this don't swoop in and get the funds again. PPP CARESAct

$125 billion for the “unbanked?” What the fuck? What businesses are unbanked? They are nuts.

Throwing more tax payer money down trump’s dark hole.....

Can't wait to see the pork in this one. CongressionalLooters

Really? Or are they gonna pout again and make everyone wait. It’s not about them, they are still making millions. What about the American people?

Registom1 Does it include safeguards to keep big companies from scooping up the money before mom and pops can get to it?

When can we expect a deal to pay the people hurt be the fake news you spread

Shack Shack rec’d 10m?! Really?! What about 1m to 10small family businesses No surprise...Trump NOT for family run, small businesses! FACT, do your research! Trump Taj Mahal casino bankruptcy. Many family run construction companies w/ out of business b/c received 25 cents/$$

How much pork are the taxpayers shelling out now?

Can't wait to see all the NONSENSE them dems added into the second coronavirus Bill that is supposed to help Americans!!! It's our taxpayers money and we don't want our money going for ridiculous democrat leftist crap!

Now will see how long it takes SpeakerPelosi to drag her ass in House to pass it through after trying to add a bunch of her special projects to it 🤷🏼‍♂️

Where the help for people

also americans going to need another 1200 on april 30th. 1200 should be given every two weeks.

Another opportunity for Ruth Chris and Potbelly? 🙄

What about more money for the people since I’m still waiting on unemployment and imaure millions of others

Chuck your a disgrace. Resign while you can

Democraps stalled and now 1000s more ppl and businesses are never going to reopen and are dead broke. DemocratsAreDestroyingAmerica too little too late. Remove all democraps 👍🏻

Nancy keep eating your ice crean now.

let's try not to give all the money away to the multi-million dollar corporations this time

MR Schumer can you ask why we were the last in line still didnt get my 1200 I am on ssdi sad to say my son inlaw and his wife got theirs plus tax return fair game to them but on top of that between them 200 a wk from Unemployment thats a sin..just seen they are in Florida on Vac

More money going to Trump companies one would presume. Great way to spend taxpayers money. Should get him to repay the $200 million spent on flying to VIRUS a Lago for golf on AF1. ONE RULE FOR RICH ANOTHER FOR POOR. JUST WANTS YOUR VOTE THEN HE IS DONE WITH YOU.

Oh good, more money for Hedge funds

Why is no one asking these lawmakers about the hazardous pay for the frontline workers. Those out front, placing themselves in harm's way for everyone else.

Cool, 97 million for burger king

Just stop being poor lmao

Forget that $1200 start yourself some bogus online business and get that real stimulus cash flow.

Now to wait for them to get their shit together in regards to round 2 of the stimulus checks. Whole lotta people weren't eligible for the last ones, including me

I’m sure Trumps rich buddies already have their hands out.

Hurt by Nancy Pelosi but hey gourmet chocolate ice cream means more to her!

Better read the fine print for Oil Company Bailouts!

And Medicare?!

About time SpeakerPelosi

The fix is $125 billion of the $450 billion goes to the actual problem the first package neglected? You could do better SenateGOP HouseDemocrats :(

Indeed this Trump's regime is doing fine

Thought they already did this

Any pork in this one?

ECMcLaughlin

They seriously had to make a deal, this is why I don't pay taxes

Small businesses, but the larger 'small businesses'. Lol.

More crony payoffs.

Thank you!!

👍🏾

they better do their job and pass something 😕

*without oversight on where the money goes

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Congress expected to announce deal on latest coronvirus relief, small business loansSenate Minority Leader Schumer says lawmakers have reached a deal with the White House on a nearly $500B interim coronavirus bill that includes additional funds for the small business loan program as well as more money for hospitals and testing. Save most of it for Georgia, I give them 3 weeks to abandon their new life. 🍑🍑🍑🍑🍑 Anything for people? Like Canada... possible expansion of the snap program?
Source: MSNBC - 🏆 469. / 51 Read more »

Schumer says deal reached on small business funding includes national testing planNEW: Senate Minority Leader Chuck Schumer says the Trump administration has agreed to a national strategy to test Americans for the novel coronavirus, something for which Democrats have fought for weeks. It’s about time Pretty crazy the the Senate Dems must fight for and pass a bill to get the public tested. Twilight zone. trumpy and jared will figure out a way to monetize it and fork it up.
Source: ABC - 🏆 471. / 51 Read more »

Senate moves toward possible Tuesday coronavirus vote, Pelosi sees deal 'on principles'The U.S. Congress on Monday inched toward a $450 billion deal to help small businesses and hospitals hurt by the coronavirus pandemic, with House Speaker Nancy Pelosi saying negotiators had come to terms on the 'principles' of the package as the Senate set a Tuesday session for a potential vote. The optics have been aweful for her Delusional Dame Pelosi can you imagine when the bill comes due with our reckless spending. it is going to make greece debt crises look like a picnic
Source: CNBC - 🏆 12. / 72 Read more »

Trump says deal on small business package could come MondayTrump says negotiations are continuing and a deal on additional funding for small businesses could come Monday He says a lot of things... CNN joining the Trump bullshit session. Me changing the channel.
Source: cnnbrk - 🏆 393. / 55 Read more »

Schumer Says He Believes Congress Has a Deal on Small-Business AidSenate Minority Leader Chuck Schumer (D., N.Y.) said Tuesday morning he believed congressional leaders had reached a deal on aid for small businesses grappling with the fallout from the coronavirus pandemic. And another a thousand pages of Green new deal. Democrat scumbags should have had this passed a week ago. Whats this deal 🗑 There better not be any pelosiPork
Source: WSJ - 🏆 98. / 63 Read more »