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Top House Republican Backs More Hospital Funding

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“A standoff over replenishing a popular loan program for small businesses showed signs of easing Friday, as a top Republican backed pairing it with hospital funding, one of the measures sought by Democrats in their negotiations with Treasury Secretary Steven Mnuchin over the next round of coronavirus aid,” the Wall Street Journal reports.

“Reflecting a shift in the negotiations, House Minority Leader Kevin McCarthy (R-CA) said that he would support combining hospital funding with an additional $250 billion for the Paycheck Protection Program, or PPP, a small-business loan program aimed at keeping workers employed that exhausted its initial $350 billion allocation on Thursday.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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