Will Jewish Voters Stop Voting For The Democrats Who Want To Kill Them?
Is Biden Serious With His Victory Lap on 'National Security'?
Someone Has to Be the Adult in the Room: Clear the Quad and...
Mika Says Florida Is Dangerous for Women…From Her Florida Beach House
Our Gallows Hill — The Latest Trump Witch Trial
Adding to the Title IX Law
‘Hush Money’ Case Against Trump Is Bad On The Law and On the...
Israel-Hamas War: Has Hamas Bet Correctly?
Stop the 'Emergency Spending' Charade Already
Joe Biden’s Hitler Problem
Universities of America You Are Directly Responsible for the Rise of Jew Hatred...
The 'Belongers', Part II
Human Dreck
NPR Whistleblower Highlights Everything Wrong With Journalism Today
NYT Claims Trump Is Getting 'Favorable Treatment' from the NYPD
Tipsheet

Dem Senator Cardin Blocks Additional Funding for Payment Protection Program, Which He Helped Author

AP Photo/J. Scott Applewhite

Update: Sen. Ben Cardin (D-MD) objected to Leader McConnell's move to legislate additional funding for Paycheck Protection:

Advertisement

Sen. Cardin was one of the original authors of the Paycheck Protection Program.

Original Post: Senate Majority Leader Mitch McConnell (R-KY), under the advice of Treasury Secretary Steve Mnuchin, seeks to pass additional funding for the Paycheck Protection Program (PPP) which was rolled out last week. PPP legislates $350 billion in forgivable loans for small businesses during COVID-19. Leader McConnell announced earlier this week that the Senate will pass legislation to pump more money into this bipartisan program, as the program alleviates the economic distress hitting our small business sector.

Paycheck Protection is highly bipartisan, but Senate Minority Leader Chuck Schumer (D-NY) and Speaker Pelosi (D-CA) signaled that they will delay passage of additional funding for PPP unless their list of demands is met:

Advertisement

If more funding is not legislated to PPP, the small business relief program will run out of money. Sen. Schumer and Speaker Pelosi’s list is largely unrelated to small business; the demands sought by the pair of Democratic leaders fall under the recently passed CARES Act, not Paycheck Protection.

Advertisement

Small businesses are bearing the brunt of the economic stress during COVID-19, as many struggle to keep their doors open. PPP passed with bipartisan support, and is a highly uncontroversial relief for Americans in the small business sector. By blocking additional funding for PPP, Sen. Schumer and Speaker Pelosi continue to put partisanship over the American worker.

Editor's Note: Want to support Townhall so we can keep telling the truth about China and the virus they unleashed on the world? Join Townhall VIP  and use the promo code WUHAN to get 25% off VIP membership!

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement