Small businesses relief unlocked as Congress agrees on $250bn PPP Covid-19 expansion held up by Democrats ...United Arab Emirates

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The program to help small businesses impacted by coronavirus lockdowns will be replenished a week after running out of cash, after Democrats agreed to unblock it in exchange for $200 extra billion for hospitals and testing. The Senate voted to approve the Paycheck Protection Program (PPP) on Tuesday afternoon, pouring another $250 billion to the $350 billion fund that ran out of money last week due to high demand. The House of Representatives is now expected to convene for a vote on the package sometime this week. Senate approves $484 billion coronavirus phase 3.5 bill on voice vote, not via unanimous consent. A voice vote

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Last updated : 22 April 2020 clock 12:10 AM

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Small businesses relief unlocked as Congress agrees on $250bn PPP Covid-19 expansion held up by Democrats ...United Arab Emirates

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