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 20, 2021
DHS watchdog declined to pursue investigations into Secret Service during Trump administration, documents show

By: Carol D. Leonnig - Washington Post The chief federal watchdog for the Secret Service blocked investigations proposed by career staff last year to scrutinize the agency’s handling of the George Floyd protests in Lafayette Square and the spread of the coronavirusin its ranks, according to documents and people with knowledge of his decisions. Both matters involved […]

Read More
Apr 20, 2021
Alerta por el alto número de hipotecas en moratoria

Expertos llaman a clientes, bancos y gobierno a tomar acción para que no surja una avalancha de ejecuciones (San Juan, PR ) Como muchas familias en Puerto Rico, doña Ana (nombre ficticio) vive bajo la tortura de una amenaza de desalojo que le roba el sueño y la tranquilidad. En su caso, se añade la preocupación […]

Read More
Apr 20, 2021
Presidente del Senado pide cierre total en la isla ante aumento de casos de COVID-19

El líder legislativo dijo que ya “estamos tarde para hacerlo” El presidente del Senado, José Luis Dalmau, pidió esta mañana un cierre total de la isla por dos semanas ante el acelerado alza de casos de COVID-19. En entrevista radial, el líder legislativo sostuvo que “estamos tarde para hacerlo”, refiriéndose a un ‘lockdown’. “Yo creo […]

Read More

popular categories

Copyright © 2021 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