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Tuesday, 28 July 2020 23:28

Both Democrats, GOP Now on Board For a Second Wave of PPP Loans

Written by Ben Wurschkul, Yahoo Finance

On July 27, Senate Republicans announced their plan for another wave of the Paycheck Protection Program as a part of the HEALS Act.

They want the "hardest hit small employers” to be able to get a second loan.

 

Sen. Ben Cardin (D-MD) said he’s largely on board with how the Republicans laid out their proposal during a Yahoo Finance interview on July 28.

 

Cardin noted that "there's a lot of similarities" between his Democratic plan and the Republican plan.

 

To read more, see Yahoo Finance

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