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Trump, Congress near deal on small business, hospital aid


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The New York Times
SOURCE: https://apnews.com/d4706859faf64bf3abd73419933c8ea2
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Summary

WASHINGTON (AP) — The Trump administration and Congress expect an agreement Monday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.As talks continued, President Donald Trump said there’s a “good chance” of reaching a bipartisan agreement with Democrats.“We are very close to a deal,” Trump said Sunday at the White House.Along with the small business boost, Trump said the negotiators were looking at “helping our hospitals,” particularly hard-hit rural health care providers.The Senate is scheduled for a pro forma session Monday, but no vote has been set.The House announced it could meet as soon as Wednesday for a vote on the pending package, according to a schedule update from Majority Leader Steny Hoyer, D-Md.With small-business owners reeling during a coronavirus outbreak that has shuttered much economic activity, Treasury Secretary Steven Mnuchin said he was hopeful of a deal that could pass Congress quickly and get the Small Business Administration program back up by midweek.

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