Trump, Congress Near Deal on Small Business, Hospital Aid
WASHINGTON, DC - APRIL 19: U.S. President Donald Trump speaks at the daily coronavirus briefing at the White House on April 19, 2020 in Washington, DC. New York state will begin the nation's most aggressive COVID-19 antibody testing campaign this week even as some states begin to loosen restrictions amid pressure to restart the economy. (Photo by Tasos Katopodis/Getty Images)
The Trump administration and Congress expect an agreement Monday on a coronavirus aid package of up to $450 billion. It would boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. President Donald Trump said Sunday the administration is “very close to a deal.” The Senate is scheduled for a pro forma session Monday, but no vote has been set. The House announced it could meet as soon as Wednesday for a vote. Treasury Secretary Steven Mnuchin has said he is hopeful of a deal that could pass Congress quickly and get the small business payroll program back up by midweek.
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