The House of Representatives on Thursday passed new legislation that would make it easier for businesses to have their Paycheck Protection Program loans forgiven by relaxing restrictions on how the loan money can be used and extending the period that businesses have to use the funds.2020 on Capitol Hill in Washington, DC.The bill would extend the forgiveness period for PPP loans from eight to 24 weeks.
It would also reduce payroll spending requirements from 75% of loan funds to 60% of loan funds, giving businesses more flexibility in deciding how to allocate the emergency funds, and extend a June 30 deadline to hire workers back. The push for the bipartisan legislation came after widespread complaints that the PPP’s original terms were too restrictive for struggling small businesses.
The Paycheck Protection Program Flexibility Act was introduced by Rep. Chip Roy and Rep. Dean Phillips . It passed in the House on Thursday with a vote of 471-1; only Rep. Thomas Massie voted no.The Senate adjourned before Memorial DayThis bill is now headed to the Senate, where it is expected to pass.
theothersarahh Stay at home and let scientists, Dr's and researchers do their job. That's the only business should be going on right now! C'mon man!
theothersarahh Классно
theothersarahh Smart! Needed to be done
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House Passes Bill Loosening Rules on PPP Small-Business LoansThe bipartisan measure would ease requirements on hundreds of billions of dollars in loans issued under Paycheck Protection Program to aid employers struggling to stay open during the pandemic. $NAK for free money. Invest! Printing money This is more reasonable.
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House Passes Bill To Give Small Businesses More Flexibility In Spending PPP LoansThe legislation would extend the forgiveness period from eight to 24 weeks and let businesses spend less of their loan money on payroll and more on overhead. Great indeed great. Good news fortunately It’s a paycheck protection plan you stupid witch. It was designed to pay workers, no surprise that you want the working class to stay poor.
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House passes bill to ease small business emergency loan rulesThe House today overwhelmingly passed a bill that would relax restrictions on emergency government-backed loans designed to avoid mass layoffs at small businesses during the pandemic snivvlization This is a great bill. I know many small businesses who needed the money but also needed the loan forgiven if there businesses were to have a chance of surviving. This bill will really help. ONLY THING THE HOUSE PASSES IS GAS WITH THIS OLD FART!
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House Cancels Vote on Bill to Renew Surveillance Powers After Trump Threatened VetoThe House of Representatives scrapped a planned vote Thursday on major national security legislation to renew a set of expired domestic surveillance powers after passage appeared uncertain following a veto threat by President Trump. Small victory for liberty. Trump is accidentally making the country better lol Nobody can stop trump... Nobody needs angry millionaires in upfront of the election..
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Government surveillance bill withdrawn in U.S. HouseThe House of Representatives is dropping consideration of legislation that would have extended U.S. surveillance tools, the chamber's number two Democrat said on Thursday, after President Donald Trump threatened a veto and his fellow Republicans withdrew their support. was this the BIG social media news everyone was waiting for? or is there more to come later? 35a_Aims of the Papacy (Liberty of Conscience Threatened) - Great Controversy (1911) Ellen G. White 35b_Aims of the Papacy - Great Controversy (1911) Ellen G. White What's the TRUTH? Should US intelligence be allowed to surveil terrorism suspects before they can be confirmed as actual terrorists? Should US intelligence be forced to stop surveillance of someone who changed phone providers? Republicans planning on enabling ANOTHER 9/11?
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