[ad_1]
The Washington Post reports the agreement has $310 billion for the Paycheck Protection Program, the small business loans included in the CARES Act. About $60 billion of that would be targeted to smaller, community-based lenders to get that money to actual small business, particularly those owned by people of color and in underbanked areas. So there’s that, at least. It would also add another $60 billion to a disaster loan program for small businesses that has been depleted.
While Trump continues to make actual testing and health care a battle, the bill reportedly includes $75 billion for hospitals and $25 billion for testing. If the materials for tests and hospitals can be found and not seized by the Trump administration before getting delivered.
That’s where we’re at as of Monday morning, with leaders all still promising that the next bill will contain all the necessary stuff to keep food in people’s mouths and roofs over their heads. Because, sure, we can wait another few weeks while Mitch McConnell refuses to act and Trump foments violence against Democratic governors.
