Senate adjourns with no deal on small-business loan program

The Hill logoA fight over hundreds of billions in small-business funding will carry into next week after the Senate adjourned for the week on Thursday without an agreement.

The Senate held a brief pro forma session on Thursday — which are constitutionally mandated absent a larger adjournment agreement.

But Senate Majority Leader Mitch McConnell (R-Ky.) did not try for a second time to pass a new $250 billion for the small-business program — a request that would have been blocked by Democrats absent a deal on the funding package, which has not yet been reached. Continue reading.