(RightWing.org) – Originally, the Senate was supposed to be on break until April 20 once it passed the third stimulus bill. The hiatus was intended to help keep senators from contracting COVID-19. Now that more measures are clearly needed to stabilize the US economy, the House has begun working on the fourth stimulus package and the Senate has taken up the plight of small business owners. In fact, Senate Majority Leader, Mitch McConnell (R-KY), has called for an early meeting this Thursday, April 9.
McConnell says Senate will try to pass $250B more for small business loan program this Thursday! Theoretically, House could follow on Friday. Both chambers would have to do so by unanimous consent. Possible? Sure, but a lot could still go sideways between now and then.
— Michael Townsend (@MikeTownsendCS) April 7, 2020
Well, it’s a Senate meeting of sorts, since most senators are not in Washington. Still, the Senate can pass legislation during pro forma sessions, which are brief periods of activity overseen by a few senators. Any one of the members present can block a bill from passing via unanimous consent.
Thursday’s meeting is slated to discuss a small business aid measure to help companies cover their payroll and other expenses. Businesses with less than 500 employees could use a loan of up to $10 million, or 350% of their monthly payroll, to cover wages, salaries, and benefits. This kind of aid would go a long way to help small businesses stay afloat during these tough times.
If passed during the Senate’s meeting on Thursday, the measure will still need to be approved by the House.
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