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Senate aims to approve more small-business aid on Thursday

Senate leadership is moving quickly to approve additional aid for small businesses, which have been hard-hit by the coronavirus outbreak, after a rocky rollout last week of the program aimed at helping them.

Senate Majority Leader Mitch McConnell (R-Ky.) said on Tuesday that he is working with Treasury Secretary Steven Mnuchin and Senate Minority Leader Charles Schumer (D-N.Y.) to approve additional funding later this week.

“Congress needs to act with speed and total focus to provide more money for this uncontroversial bipartisan program. I will work with Secretary Mnuchin and Leader Schumer and hope to approve further funding for the Paycheck Protection Program by unanimous consent or voice vote during the next scheduled Senate session on Thursday,” McConnell said in a statement. Continue reading.

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