• About us
  • Donate
  • WADR
  • Contact us
  • Live Stream
Tuesday, April 29, 2025
Loud Silence News
Advertisement
  • Ghana News
    • General News
    • Business
    • Education
    • Opinion
  • US News
    • Business
    • Health
    • Human Interest Stories
    • Politics
    • Education
  • Africa News
    • Business
    • Education
    • Health
    • Politics
  • ShowBiz
    • Ghana ShowBiz
    • US Showbiz
    • African ShowBiz
    • World Showbiz
  • Editorials
    • People
  • World News
    • Politics
    • Business
    • Education
    • Health
  • Sports
    • Ghana Sports
    • World Sports
  • WADR
No Result
View All Result
  • Ghana News
    • General News
    • Business
    • Education
    • Opinion
  • US News
    • Business
    • Health
    • Human Interest Stories
    • Politics
    • Education
  • Africa News
    • Business
    • Education
    • Health
    • Politics
  • ShowBiz
    • Ghana ShowBiz
    • US Showbiz
    • African ShowBiz
    • World Showbiz
  • Editorials
    • People
  • World News
    • Politics
    • Business
    • Education
    • Health
  • Sports
    • Ghana Sports
    • World Sports
  • WADR
No Result
View All Result
Loud Silence News
No Result
View All Result
Home US News

Chuck Schumer believes ‘we have a deal’ on $450 billion coronavirus relief package

Loud Silence Staff by Loud Silence Staff
April 21, 2020
in US News
0
Chuck Schumer believes ‘we have a deal’ on $450 billion coronavirus relief package
3
SHARES
14
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

[ad_1]

“There is still a few more i’s to dot and t’s to cross, but we have a deal. And I believe we’ll pass it today,” the Senate’s top Democrat told CNN’s John Berman on “New Day.”

You might also like

America’s First Lady to visit Ghana and a host of other African countries by the end of July

Billionaire Mark Zuckerberg loses $5.9bn in a day as Facebook faces rare outage, whistleblower testimony

Trump Congratulates Nigeria’s Autocratic Ruler for Banning Twitter

Despite Schumer’s proclamation, Republicans told CNN Tuesday the deal is close but not at hand yet.

While outstanding concepts may have been agreed to late on Monday night, the actual legislative language has not been finalized yet and sources say there are still several open issues that need to be resolved in the hours ahead.

The Senate has a pro forma session scheduled for 4 p.m. ET on Tuesday, during which senators could pass the legislative package by unanimous consent if those issues are resolved.

Schumer told CNN that he, House Speaker Nancy Pelosi, White House chief of staff Mark Meadows and Treasury Secretary Steve Mnuchin negotiated over the phone “well past midnight” Monday and “came to an agreement on just about every issue.”

Of the $310 billion for the Small Business Administration’s Paycheck Protection Program, $125 billion will be sent “exclusively to the unbanked, to the minorities, to the rural areas, and to all of those little mom and pop stores that don’t have a good banking connection and need the help,” Schumer said.

According to Schumer, the deal also includes $30 billion for national coronavirus testing and another $75 billion for hospitals.

What won’t be in the bill, he acknowledged, is more money for states and localities, which Democrats pushed hard for.

“But we did get a commitment from the White House that they would be able to use those funds for lost revenues,” Schumer told CNN.

Schumer said Democrats will fight for more state and localities funding in a separate relief package in the future.

The Trump administration and lawmakers have been under pressure to replenish the Paycheck Protection Program after it ran out of funds last week. The SBA said it had approved over 1.66 million loans for more than $342 billion.
But a main gripe with the program has been that banks prioritized their existing customers and large restaurants, which received millions in loans from the PPP, leaving many small businesses without access to the funds intended to keep their operations afloat.

CNN’s Ted Barrett, Manu Raju, Lauren Fox, Phil Mattingly and CNN Business’ Alicia Wallace contributed to this report.

[ad_2]

This content first appear on cnn

Tags: Chuck Schumer believes 'we have a deal' on $450 billion coronavirus relief package - CNNPoliticspolitics
Previous Post

Report that Kim Jong Un is gravely ill comes after series of missed events and COVID-19 speculation

Next Post

Joe Biden’s Reaction To ‘Tiger King’ Is Exactly What You’d Expect

Loud Silence Staff

Loud Silence Staff

Related Posts

America’s First Lady to visit Ghana and a host of other African countries by the end of July
US News

America’s First Lady to visit Ghana and a host of other African countries by the end of July

by News Reporter
June 24, 2022
US Business

Billionaire Mark Zuckerberg loses $5.9bn in a day as Facebook faces rare outage, whistleblower testimony

by News Reporter
October 5, 2021
US Politics

Trump Congratulates Nigeria’s Autocratic Ruler for Banning Twitter

by News Reporter
June 9, 2021
US Politics

Biden Announces The Creation of 1.5 Million Jobs In Just 3 Months as President

by News Reporter
May 29, 2021
Global cases top 3.6 million, Trump says more deaths inevitable
US Business

Global cases top 3.6 million, Trump says more deaths inevitable

by Loud Silence Staff
May 6, 2020
Next Post
Joe Biden’s Reaction To ‘Tiger King’ Is Exactly What You’d Expect

Joe Biden's Reaction To 'Tiger King' Is Exactly What You'd Expect

Recommended

Ohio Rep. Vitale says God doesn’t approve of face masks and Jewish health director is a ‘globalist’

Ohio Rep. Vitale says God doesn’t approve of face masks and Jewish health director is a ‘globalist’

May 5, 2020
Coronavirus: France’s first known case ‘was in December’

Coronavirus: France’s first known case ‘was in December’

May 4, 2020

Categories

  • African Business
  • African Education
  • African Health
  • African News
  • African Politics
  • African ShowBiz
  • Education
  • Ghana Business
  • Ghana News
  • Ghana ShowBiz
  • Ghana Sports
  • Human Interest Stories
  • News
  • Opinion
  • People
  • ShowBiz
  • Social Trends
  • US Business
  • US Education
  • US Health
  • US News
  • US Politics
  • US Showbiz
  • WADR
  • World Business
  • World News
  • World Politics
  • World Showbiz
  • World Sports

Don't miss it

The Deceptive Life of William Anarfi Sarpong – A Con Artist and Fraudster
Ghana News

Quack Dr. Wask, From Petty Criminal to Gold Fraudster – A Tale of Deception and Danger

March 15, 2025
The Deceptive Life of William Anarfi Sarpong – A Con Artist and Fraudster
Ghana News

The Deceptive Life of William Anarfi Sarpong – A Con Artist and Fraudster

March 14, 2025
The Deceptive Life of William Anarfi Sarpong – A Con Artist and Fraudster
News

The Deceptive Life of William Anarfi Sarpong – A Con Artist and Fraudster

March 14, 2025
NDC unveils campaign team for 2024 General Elections
Ghana News

NDC unveils campaign team for 2024 General Elections

June 19, 2024
A.G Godfred Dame has engaged me at odd hours to implicate Ato Forson – Richard Jakpa
Ghana News

A.G Godfred Dame has engaged me at odd hours to implicate Ato Forson – Richard Jakpa

May 23, 2024
Artiste Profile: Frank Cole aka Zyon Ovkin
Ghana ShowBiz

Artiste Profile: Frank Cole aka Zyon Ovkin

April 20, 2024

About Us

LOGO

Loud Silence Radio & TV Network and is a multi media production company focusing on Ghanaian and African news.

Contact

  • Alexandria, Virginia, USA
  • +1 212-602-9641
  • loudsilenceradio@gmail.com
Facebook Twitter Youtube Linkedin

Download App

google play store

© 2021 Loud Silence Media. All rights reserved.

  • About us
  • Contact us
  • Donate
  • Live Stream
  • Privacy Policy
  • Terms of Use
Menu
  • About us
  • Contact us
  • Donate
  • Live Stream
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Ghana News
    • General News
    • Business
    • Education
    • Opinion
  • US News
    • Business
    • Health
    • Human Interest Stories
    • Politics
    • Education
  • Africa News
    • Business
    • Education
    • Health
    • Politics
  • ShowBiz
    • Ghana ShowBiz
    • US Showbiz
    • African ShowBiz
    • World Showbiz
  • Editorials
    • People
  • World News
    • Politics
    • Business
    • Education
    • Health
  • Sports
    • Ghana Sports
    • World Sports
  • WADR
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.