U.S. House Republican leader: still no deal on more coronavirus money for small businesses

WASHINGTON (Reuters) – U.S. Democrats and Republicans were near agreement on Monday for extra money to help small businesses hurt by the coronavirus pandemic, a top Republican lawmaker said, but he accused Democrats of holding up a deal.

“We could have been done yesterday, but the Democrats continue to hold up, even though we had agreed to all the numbers,” Representative Kevin McCarthy, House minority leader, told Fox News.

President Donald Trump said on Sunday that Republicans were “close” to an agreement with Democrats, who have the majority int he House, and suggested there could be a resolution on Monday.

“A lot of good work has been going on. We could have an answer tomorrow,” the Republican president said

Members of the two parties have been taking shots at one another over the delay in further small-business aid, as Trump supporters have been staging protests of orders for Americans to stay at home and businesses to remain closed, to prevent the further spread of the virus.

The Trump administration sought to add $250 billion to a small-business loan program established last month as part of a $2.3 trillion coronavirus economic relief plan. That fund has already been exhausted.

Democratic leaders wanted more money for small businesses but with safeguards to ensure credit reaches underserved communities. They also sought more funds for state and local governments and hospitals, as well as food aid for the poor.

Reporting by Doina Chiacu; Editing by Lisa Lambert and David Gregorio

 

Panorama Hispano is the regional news and information newspaper for Hispanic and other diverse communities.

US Hispanics are now the largest ethnic minority in the United States numbering 54.2 million as of July 2014. Serving: Buffalo, Rochester, Fredonia, Niagara Falls, NY and Erie, PA. Outside our Market area: Visit our affiliate at: http://www.impremedia.com/

Contact us: Contact@PanoramaHispanoNews.com

Featured News

Apr 27, 2026
Charting the surge in Latino or Hispanic-owned businesses in the US

Latino or Hispanic business owners capitalized on economic opportunity between 2017 and 2024, creating thousands of firms that benefited the […]

Read More
Apr 27, 2026
Marathon milestone shattered: Sabastian Sawe breaks the fabled 2-hour barrier by 30 seconds

LONDON (AP) — A pair of African distance runners took down what was once among the most unthinkable records in […]

Read More
Apr 27, 2026
‘Michael’ moonwalks to $97 million opening, shattering record for music biopics

By: Jake Cole NEW YORK (AP) — “Michael,” the big-budget Michael Jackson spectacle, shrugged off bad reviews and a troubled […]

Read More

popular categories

Featured (5,518)
Mundo Latino (2,115)
Locales / Regional (1,273)
Buffalo (2,145)
Dunkirk (1,695)
Rochester (1,661)
PA (1,250)
Negocios / Tecnología (1,091)
Tecnología y Science (220)
Salud (571)
Deportes (961)
Entretenimiento (814)
Extras (456)
Movies (232)
Viajes, Vida y Estilo (726)
Copyright © 2026 Panorama Hispano News. All Rights Reserved.
crossmenuchevron-downmenu-circlecross-circle
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram