“Treasury Secretary Steven Mnuchin and top Democrats negotiated on Friday to break an impasse over replenishing a stimulus program to help small businesses weather the coronavirus pandemic, even as some Republicans privately worried that Mr. Mnuchin would concede too much in his zeal to unfreeze a critical aid initiative,” the New York Times reports.
“Top Republicans had steadfastly refused to discuss a deal with Democrats on their demands to couple an infusion for the small-business program — the Paycheck Protection Program — with more money for states, cities and hospitals to combat the virus. But after the funding lapsed on Thursday, they expressed the first hints of openness to accepting additional hospital or grant funding beyond the administration’s request for $250 billion to keep the small-business program afloat.”
Save to Favorites