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  • Dems' demand for 'slush fund' in aid package threatens to derail PPP extension

    Dems' demand for 'slush fund' in aid package threatens to derail PPP extension

    Extending the popular Payroll Protection Program is one of the few areas of agreement between the White House and Democrats in the latest proposed coronavirus stimulus — a spending bill criticized by many in the Republican base as a wasteful bailout for cities and states.

    H/T: The Washington Times

    “Speaker [Nancy] Pelosi is trying to drive a very hard bargain,” said Tim Phillips, president of Americans for Prosperity, who is in close contact with Senate Republicans. “That would include genuinely $1 trillion of bailouts for big-spending states and cities. She’s not come off of that.”

    “What we’re facing now is a national emergency,” the Senate Small Business Committee Chairman Marco Rubio told radio host Hugh Hewitt. “And in times of a national emergency like this, the government has to play a greater role than it would in normal times. These are not normal times. And if we don’t act now on things like PPP and more, there is going to be long-term structural damage to the economy that’s going to make it almost impossible to ever get the debt under control and not to mention … grow our economy again.”

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