April 23, 2020 Steve Scalise on states facing bankruptcy: Let's make sure CARES Act money is 'spent properly' Many states now calling for federal bailouts had financial problems prior to the coronavirus pandemic and have already been "flushed with cash" from the government under the CARES Act and Paycheck Protection Program (PPP), Louisiana Republican Rep. Steve Scalise said Thursday.
April 23, 2020 Pelosi accuses McConnell, GOP of holding up coronavirus funds House Speaker Nancy Pelosi pushed back hard against ongoing criticism from Republicans that she was responsible for the Paycheck Protection Program running out of money and for holding up legislation to replenish the popular small business loan program.
April 23, 2020 Cuomo slams McConnell's state bankruptcy push: 'One of the really dumb ideas of all time' New York Gov. Andrew Cuomo on Thursday hammered Senate Majority Leader Mitch McConnell’s suggestion for states to declare bankruptcy amid the fiscal fallout from the coronavirus pandemic, calling it “one of the really dumb ideas of all time.”
April 22, 2020 McConnell says Senate 'not interested' in sending money to states trying to 'take advantage' of coronavirus Senate Majority Leader Mitch McConnell, R-Ky., told "Bill Hemmer Reports" Wednesday that he has no plans to pass legislation to provide additional federal funding to state and local governments who he said are trying to "take advantage" of the coronavirus crisis to get help with their ballooning deficits.
April 22, 2020 Nobel-winning economist says US 'will have a Great Depression' if Trump, McConnell lead pandemic response A Nobel-prize winning economist, often touted among progressives, predicted that if the U.S. left the coronavirus response in Republican leaders' hands, the country would end up in another Great Depression.
April 22, 2020 McConnell says states should be able to declare bankruptcy, wants to hit 'pause' on federal aid With the coronavirus crisis hitting state budgets hard, Senate Majority Leader Mitch McConnell, R-Ky., said Wednesday that he is open to allowing states to declare bankruptcy -- rather than sending governors more federal money to deal with their own ballooning deficits.
April 22, 2020 McConnell says 'pandemic will not prevent' confirmation of judges The majority leader, in an appearance on the Hugh Hewitt Show, responded to a question from the host about the state of judicial nominations as most of Congress is out of town and legislators are negotiating the first of what could be two more stimulus packages aimed at holding the economy together amid shutdowns aimed at reducing the spread of the coronavirus.
April 19, 2020 Reporter's Notebook: Could Trump 'adjourn' Congress? Either Congress is in or out, but it's more complex if Congress is technically on “recess” -- but meeting at three-day intervals, as required by the Constitution, in “pro forma” sessions.
April 17, 2020 National Retail Federation: Congress must stop 'brinksmanship,' get money to small businesses Congress must put an end to its "brinksmanship" and get emergency funding to small businesses, National Retail Federation CEO Matthew Shay urged Friday.
April 16, 2020 Job Creators Network blasts Pelosi and Schumer's small business stonewalling: 'It's ridiculous' There is "absolutely no reason" why Senate Minority Leader Chuck Schumer, D-N.Y., and House Speaker Nancy Pelosi, D-Calif., should oppose additional emergency funding to help small businesses shuttered during the coronavirus pandemic, Job Creators Network President and CEO Alfredo Ortiz asserted Thursday.