(RightWing.org) – There’s a lack of consensus in the Senate on how to proceed with a small business funding bill, and it’s only making things worse. Senators have been unable to agree on the contents of the interim stimulus bill that they’ve debated during Pro-forma sessions in the past two weeks. Democrats want to add on as much as they can, while Republicans want to keep focused on the important issues.
President Donald Trump is exploring options on how to best alleviate this issue.
— The Hill (@thehill) April 16, 2020
Trump and Treasury Secretary Steve Mnuchin have backed up Congressional Republicans on this issue. One potential solution could be a form of mediation between Trump and the Senate. The president is open to discussing “another topic or two” according to Sen. Roy Blunt (R-MO).
Republicans wanted an additional $250 billion for Small Business Administration (SBA) lending programs, including the Paycheck Protection Program (PPP) and nothing else. Democrats want, among other things, another $100 billion for hospitals and $150 billion for state and local budgets. The SBA is out of money granted by the CARES Act, so small businesses can’t wait for partisan indecision to hold things up. With a Phase 4 stimulus in the works, Democrats could try to hijack that instead of delaying the more pressing interim bill.
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