Senate May Act Quickly To Help Small Businesses

Neighborhoods In Queens Have New York City's Highest Coronavirus Infection Rates

Neighborhoods In Queens Have New York City's Highest Coronavirus Infection Rates

The Senate may act this week to pump more money into a fund for small businesses. 

Senate Majority Leader Mitch McConnell has been cool to the idea of more stimulus spending right away. He now says up to 250-billion-dollars may need to be added to the Paycheck Protection Program. 

The program helps small businesses cover payroll and expenses during the ongoing coronavirus crisis. Small businesses got 350-billion for the program in the massive stimulus package that was recently approved, but is quickly running dry.

In a statement, McConnell said he may try to get the additional spending through the Senate by using procedural levers that would not require in-person votes by most senators. 

Photo: Getty Images

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