Senate Majority Leader Mitch McConnell on Tuesday said lawmakers would vote on a small businesses loan program to help firms damaged by the coronavirus pandemic, but the prospects for approval are dim.
Democrats and Republicans in Congress remain locked in a prolonged disagreement over how much additional stimulus is needed to support the economy, with Democrats holding out for a larger, broader package than the narrowly-focused measure McConnell proposed.
The Republican leader said senators would vote on adding more money to the Paycheck Protection Program (PPP), which provided hundreds of billions of dollars in loans and grants to small businesses but ran out of money in August.
“Republicans do not agree that nothing is better than something for working families,” McConnell said, without saying how much the proposal would cost.
“The American people need Democrats to stop blocking bipartisan funding and let us replenish the PPP before more Americans lose