Senate Dems Block $250 Billion Boost for Small Businesses
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From the Center
Senate adjourns until Monday after Democrats block McConnell’s bid to add $250 billion in small business aid
Senate Democrats on Thursday blocked a Republican push to unanimously pass a bill to put $250 billion more into a loan program for small businesses devastated by the coronavirus pandemic.
With only a few senators in the Capitol, Senate Majority Leader Mitch McConnell tried to approve the measure by a unanimous vote. Sen. Ben Cardin, D-Md., objected to the request, stalling the legislation.
Speaking on the Senate floor, McConnell said he was not “talking about changing any policy language” the parties negotiated last month as part of an...
From the Left
Why Democrats are blocking a bill that boosts funding for small businesses
Democrats are blocking an attempt to give small businesses a $250 billion boost. But why?
At first glance, it’s a surprising move, since Democrats support providing more funding to small businesses and workers experiencing severe economic trouble caused by the fallout of the coronavirus outbreak. But the answer is simple: Democrats want to use the leverage they have in Congress so that Republicans don’t just approve more money for small businesses while leaving out other programs that also desperately need more funding.
This approach was evident Thursday when Senate Democrats...
From the Right
Senate Dems Block Emergency Relief for Small Businesses
Senate Democrats voted Thursday to block a $250 billion infusion of cash into small businesses suffering amid the coronavirus pandemic.
The Democratic caucus denied unanimous consent to a bill floated by Senate Majority Leader Mitch McConnell (R., Ky.) that would have added the funds. Democrats then offered their own bill, which would have included not just $250 billion for small businesses but an additional $250 billion for hospitals and state and local governments—Republicans likewise objected.
The dispute comes as new data show unemployment claims surged by 6.6 million over the...
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