Politics GOP presses for vote on PPP legislation

01:05  02 october  2020
01:05  02 october  2020 Source:   thehill.com

McConnell consolidates GOP support for SCOTUS nomination vote but timing unclear

  McConnell consolidates GOP support for SCOTUS nomination vote but timing unclear Senate Majority Leader Mitch McConnell made progress Monday consolidating Republican support for a vote on President Donald Trump's expected Supreme Court nomination. Iowa Republican Sen. Charles Grassley, who Democrats had hoped might side with their objections, instead said he was good with moving forward on President Donald Trump's expected nomination.

The GOP plan also includes new provisions for what businesses can spend PPP money on. One shareholder resolution, which requires Tesla to adopt a simple majority vote , did However, the company’s original press release announcing the bike was no longer available online late Tuesday.

Senators were voting instead on a shell bill that McConnell is using as a placeholder until a final deal is Further complicating matters, there are now five GOP senators in self-quarantine or isolation Schumer told reporters after the procedural vote was initially delayed that the legislation initially

Thirty-five House Republicans on Thursday called for Democratic leaders to bring up a bill to free up funding and extend the Paycheck Protection Program through the end of the year.

Kevin McCarthy wearing a suit and tie: GOP presses for vote on PPP legislation © Greg Nash GOP presses for vote on PPP legislation

The request comes as Democrats negotiate over a larger COVID-19 relief bill with the White House that includes funding for the program, which is intended to help small businesses retain workers and survive the pandemic.

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House votes to ease restrictions on coronavirus small business loans. Published Thu, May 28 As the GOP questions the need to spend more taxpayer money on recovery efforts After that money quickly dried up, lawmakers put another 0 billion into the PPP — with billion devoted to small lenders.

Top Republicans have repeatedly argued that they should authorize the relief to prevent further job loss and to help businesses stay afloat while a larger measure is being negotiated. Democratic leadership has said they don't believe passing funding for certain priorities piecemeal is the right approach, arguing the gravity of the pandemic calls for ample funding in an array of areas to combat the fallout.

House Minority Leader Kevin McCarthy (R-Calif.) alleged the only reason negotiations began again was to prevent moderate Democrats from signing a GOP discharge petition.

"The only reason why she [Pelosi] has any movement is because Republicans put up a discharge petition," he said.

The House is now expected to vote on a $2.2 trillion relief bill that is not backed by the White House and Republicans.

Treasury Secretary Steven Mnuchin presented a $1.6 trillion counteroffer to Pelosi on Wednesday, but a divide remains between parties on a number of key issues.

The Democrat-led bill is not expected to see movement in the upper chamber.

On The Money: Trump fuels and frustrates COVID-19 relief talks | Trump proposes $1.8T coronavirus relief package | Vegas ties helped Trump score $21M windfall in 2016 .
Happy Friday and welcome back to On The Money. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line.See something I missed? Let me know at slane@thehill.com or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N.Write us with tips, suggestions and news: slane@thehill.com, njagoda@thehill.com and nelis@thehill.com. Follow us on Twitter: @SylvanLane, @NJagoda and @NivElis.THE BIG DEAL-Trump fuels and frustrates COVID-19 relief talks: Washington is waiting for President Trump to make up his mind on coronavirus relief.

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