corona virus is weak
The Trump administration has called for a second round of payments since March but in recent weeks has put more emphasis on payroll-tax cuts for workers.
The fifth coronavirus stimulus package, for which Republicans have proposed a $1 trillion price tag, will also include more funding for the Paycheck Protection Program, which aims to help small businesses with fewer than 500 employees that are struggling during the pandemic to meet payroll without furloughing or laying off employees.
“With a majority of businesses expected to exhaust their initial paycheck protection funding this summer, we’ll also be proposing a targeted second round of PPP, with a special eye toward hard-hit businesses,” McConnell said.
Trump said Monday that “good things” were planned for the upcoming Republican coronavirus aid bill and assured that “we’ve made a lot of progress.”
The package is also expected to provide $75 billion to help schools reopen, five years of liability protections against lawsuits relating to the coronavirus, and $25 billion more for virus testing and the Centers for Disease Control, a proposal to which the administration voiced objections
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