BREAKING: Senate Democrats stall President Trump's $250 billion business virus aid package, demanding protections for minority-owned businesses and matching money for health care providers and state and local governments.
FILE - In this March 17, 2020 file photo, Senate Majority Leader Mitch McConnell of Ky., speaks during a news conference on Capitol Hill in Washington. McConnell flexed his fundraising strength in the midst of a global pandemic, raising nearly $7.5 million in the first three months of 2020, his campaign said Tuesday, April 7. The first-quarter haul was the Kentucky Republican's best three-month fundraising performance since entering the Senate in the mid-1980s.
“We need more funding and we need it fast,” McConnell said as he opened the Senate, assuring them there would be future bills to deal with other issues.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. McConnell and Treasury Secretary Steven Mnuchin say the business program, which involves direct subsidies to companies to keep employees on payroll and pay their rent, is on track to quickly deplete its first $350 billion infusion as business rush to apply for the aid.
Pelosi and McConnell do much of their communicating in public statements, which this week have avoided inflammatory broadsides, at least so far.massive $2.2 trillion economic aid She is pressing for one-half of the White House request, or $125 billion, to channeled through community-based financial institutions that serve farmers, family, women, minority and veteran-owned small businesses and nonprofits in rural, tribal, suburban and urban communities.
Pelosi said McConnell’s request “simply can’t” advance through the Democratic-controlled House under unanimous consent. There’s also lone wolf Republican Thomas Massie of Kentucky, who promises to block efforts to pass such huge legislation without lawmakers present and ready to vote.
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