White House Pushes for Limited Stimulus as Broader Effort Meets Resistance

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The Trump administration on Sunday called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small business loan program as negotiations on a broader package ran into resistance.

The proposal was the latest twist in the on-again, off-again talks to try to secure more stimulus for the economy, which is struggling to recover from coronavirus-related shutdowns that threw millions of Americans out of work.

In a letter to lawmakers, Treasury Secretary Steve Mnuchin and White House Chief of State Mark Meadows said they would continue to talk to Senate Democratic leader Chuck Schumer and House Speaker Nancy Pelosi to try to reach agreement on a comprehensive bill.

However, they said Congress should “immediately vote” on legislation to enable the use of the unused Paycheck Protection Program funds, which total around $135 billion.

Read more at NEWSMAX.

{Matzav.com}


4 COMMENTS

  1. What’s the problem? From the stolen money confiscated from the elites who’ve been coronavirused, they have enough money to give every person in the world a monthly stipend.

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