this looks like a group of magi binding an evil djinn to a pentacle pic.twitter.com/ywSJQx0uFA
— ça ira glass (@PercyYaBysshe) April 9, 2020
Senator Mitch McConnell just blocked a bill that provides money for small businesses, hospitals, testing, and more.
Instead of working with House and Senate Democrats, he pulled a political stunt.
— Chuck Schumer (@SenSchumer) April 9, 2020
Per the Washington Post:
Senate Majority Leader Mitch McConnell pressed ahead with his plan for a quick vote Thursday on a $250 billion boost in a small business aid program, putting him at odds with the two top Democrats in Congress who want to double the size of an interim stimulus package…
Pelosi said later Wednesday that McConnell’s plan wouldn’t win quick passage in the House by Friday.
“The bill that they put forth doesn’t have, will not get unanimous support in the House. It just won’t,” she said in an NPR interview.
Treasury Secretary Steven Mnuchin on Wednesday said he still hopes Congress will approve the additional funds he requested for the small business program. In a CNBC interview he promised small firms that “we will not run out of money.”…
Schumer and Mnuchin spoke Wednesday about the more expansive Democratic plan, the minority leader’s spokesman said without elaborating. McConnell’s office didn’t respond to a question about whether negotiations with Schumer are continuing.
In a conference call with House Democrats Wednesday, Pelosi said leaders were still trying to work out what might be possible to pass in both chambers on an expedited basis…
Under the Democrats’ proposal Wednesday, half of the small business assistance — or $125 billion — would be channeled through community-based financial institutions that serve companies owned by farmers, families, women, minorities and veterans…
In addition to an extension of the PPP program, Pelosi also proposed including an extension of the expanded unemployment insurance and more direct payments to individuals. She has estimated the bill would cost at least $1 trillion.
Republicans have thus far been reluctant to enact a wide-ranging phase four stimulus bill. Now that they and their core business supporters such as the U.S. Chamber of Commerce are demanding an infusion for PPP, Democrats could have leverage to obtain more unemployment insurance and direct payment for workers…
Democrats believe in additional funding for small business programs.
But Sen. McConnell’s approach was not bipartisan & it was not enough. Any further stimulus package must be bipartisan, & must include funding for hospitals, community health centers, SNAP, & working families. pic.twitter.com/BeMmGxrfht
— Senator Dick Durbin (@SenatorDurbin) April 9, 2020