Pelosi, Schumer want aid to states, hospitals in GOP small business bill

Speaker Nancy Pelosi (D-Calif.) and Senate Democratic Leader Charles Schumer (N.Y.) say a Republican request to funnel an additional $250 billion to a special small-business loan program for the coronavirus crisis must also include hundreds of billions of dollars for hospitals, state and local governments and food assistance.

“As Democrats have said since Day One, Congress must provide additional relief for small businesses and families, building on the strong down-payment made in the bipartisan CARES Act,” they said in a statement Wednesday morning.

The Democratic response comes a day after Senate Majority Leader Mitch McConnell (R-Ky.) said he would ask for unanimous consent on the Senate floor Thursday to approve an additional $250 billion in funding for the popular small-business Paycheck Protection Program. Continue reading.