Negligible Nancy Strikes Again! $250 Billion BLOCKED! Not enough funding for state/local slush funds.

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Senate Democrats on Thursday blocked legislation to add $250 billion to a small-business loan program designed to prevent layoffs during the coronavirus outbreak.

The move means that Congress won’t pass an expansion of the Paycheck Protection Program, which is running out of money, until next week at the earliest.

The Senate adjourned until Monday after Sen. Ben Cardin (D-Md.) objected to holding a unanimous voice vote.

The small-business program gives companies with up to 500 employees, and in exceptions more, loans to cover payroll and overhead. The loans will be forgiven if they don’t lay off workers.

The program launched Friday with massive interest from employers, after unemployment surged by 10 million people as businesses were ordered closed by governments.


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