Zuckerberg Reveals One of the Most 'Bada**' Things He's Ever Seen
Defiant Biden: I'm Not Going Anywhere
A Convention for the Ages
Wait, Most of Trump's Security Detail Weren't Even Secret Service Agents on Day...
Kamala Harris Is Now Being Summoned to Put Out Fires
We Haven't Seen This in Decades
Will Mark Zuckerberg Endorse Trump or Biden? Here's What the Tech Tycoon Had...
Corey Comperatore's Funeral Is Today. Here's How Trump Is Honoring Him
Climate Change Alarmists Among Those Calling on Biden to Drop Out
Human Smuggling Has Become a ‘Primary Focus’ in Another Unlikely Border Sector
'Audacity Is Off the Charts': Tulsi Gabbard Savages Kamala Harris for Going After...
Is This Another Sign That Gavin Newsom Will Replace Joe Biden As the...
Here We Go: Buckle Up for an Absolutely Wild Ride
Does This Statement Mean Biden Is Staying in the Race?
Polls Show Considerable Uncertainty From Democrats on Biden Dropping Out

House Passes Bipartisan Paycheck Protection Flexibility Act

AP Photo/Carolyn Kaster

The House of Representatives passed a provision to grant flexibility to autonomy to small businesses receiving forgivable loans from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). 


The Paycheck Protection Flexibility Act (H.R. 7010) is a bipartisan addition to the PPP loan program, and passed nearly unanimously. As could be expected, Rep. Thomas Massie (R-KY) voted against the measure:

The legislation gives small businesses utilizing PPP loans more flexibility and breathing room by ensuring complete access to payroll tax deferment, eliminating restrictions on loan periods, allowing forgiveness for expenses after the previously-designated 8-week period, extending the rehiring deadline and eliminating restrictions that limit non-payroll expenses to 25 percent of loan funds.


This bipartisan passage comes in the middle of a clash between Republicans and Democrats on proxy voting, as some Democrats blatantly use the newly implemented proxy voting system to avoid legislative duties.


Join the conversation as a VIP Member


Trending on Townhall Videos