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The Coronavirus Reality

Congress Continues Debate Over Additional Paycheck Protection Program Funding!

House and Senate leadership were unable to reach an agreement on a path forward for additional funding for the Paycheck Protection Program (PPP). 

Republicans have pushed for a straight funding increase of $250 billion for the program, while Democrats would like to also provide additional support to hospitals and municipalities.

Both the House and Senate are in recess until the first week of May, at the earliest.

As a result, any bill needs to be approved by unanimous consent, meaning agreement must be reached by all sides before additional PPP funds can be approved.

While recessed, the Senate will meet in pro forma session on Monday and Thursday of each week, at which time a bill can be moved by unanimous consent.