Trump halted stimulus talks. Here's what it means for you - News Summed Up

Trump halted stimulus talks. Here's what it means for you


Many small businesses and major airlines are struggling to stay afloat. The two sides never got very close in their efforts to pass another major economic rescue package, though talks had been continuing. Another round of federal stimulus funding was seen as vital to propping up the nation's economy at a time when the recovery is weakening. Money for small businessesThe Paycheck Protection Program gave out more than 5 million emergency loans to small businesses to help them cover payroll, rent and utilities. Both Republican and Democratic lawmakers support reopening the program so that some small businesses could apply for a second loan.


Source: CNN October 07, 2020 00:22 UTC



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