US Congress set to pass $484bn in extra loan support for small businesses, hospitals
All four measures will amount to about $3-trillion in aid to confront the Covid-19 crisis
22 April 2020 - 17:00
Washington — US House speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer welcomed a bipartisan deal reached on small business loan support of $484bn, along with money for hospitals and testing.
In a statement, Pelosi and Schumer said they were disappointed the deal did not have funding for state and local governments, adding that they would aim to include that in the next bill on coronavirus relief...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.