Headline RoundupApril 16th, 2020

Emergency Small Business Funding Runs Out

Summary from the AllSides News Team

The small business lending program aimed to stimulate the economy has run out of funding allocated by Congress. About $350 billion was loaned out, with roughly 1.7 million loans being approved. New legislation is being debated, as Democratic leadership pushes for the new bill to include more funding to hospitals and local governments in addition to small business funding. Some right-rated outlets criticized Democratic leadership for stalling on new legislation.

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