• [stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width"100%" palette="financial-light"]

    UPDATE: Schumer Says He Thinks PPP Top-Up Will Pass Today

    April 21, 2020
    1 Comment
    Schumer Says He Thinks PPP Top-Up Will Pass Today
    Chuck Schumer and Mazie Hirono


    Senate Republicans and Democrats reached a deal Tuesday on a $484 billion coronavirus relief package for small businesses, hospitals and testing, reported CNBC.

    The Senate could vote on legislation as soon as 4 p.m. ET on Tuesday, and will need unanimous support to pass it. The House could approve the bill as early as Thursday.


    The Minority Leader of the U.S. Senate Chuck Schumer declared just recently the top-up of the Paycheck Protection Program will be passed today in the Senate, and move to the House for passage tomorrow. It looks like the Democrats have finally been shamed into doing what's right for the American people.

    “I think we will be able to pass this today,” Schumer, the Senate minority leader, told CNN. Last night, he added, that he was speaking “well past midnight” with House Speaker Nancy Pelosi, White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin, and that they “came to an agreement on just about every issue.” 

    He added: “Staff were up all night, writing. There’s still a few more Is to dot and Ts to cross, but we have a deal. And I believe we’ll pass it today," reported CNBC.



    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of

    1 Comment
    Inline Feedbacks
    View all comments
    Sherlock Homeless

    There should be a 24 hour time period to allow senators and their staffers to read this bloated pork bill.


  • Subscribe to our evening newsletter to stay informed during these challenging times!!