WASHINGTON: US lawmakers are very close to an agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and ...
WASHINGTON: US lawmakers are very close to an agreement on approving extra money to help small businesses hurt by the coronavirus pandemic and could seal a deal as early as Sunday , congressional and Trump administration officials said.
Senate Republicans and Mnuchin were on a conference call on Sunday afternoon, said a senior Republican aide who requested anonymity, adding that he believed Trump had also joined the call. The United States has by far the world's largest number of confirmed coronavirus cases, with more than 740,000 infections and over 40,000 deaths. State governors are sparring with Trump who wants them to reopen their economies.Governors of hard hit states such as New York and New Jersey have said they need more federal funding for increased testing for the presence of the coronavirus and to cope with the pandemic's effect on their budgets.
New York Governor Andrew Cuomo said the state faced a budget deficit of up to US$15 billion and that could spell cuts in state funding for schools and hospitals, which he said would be ludicrous at this time. He said there would be US$75 billion allocated to hospitals and a US$25 billion federal programme"that can be used with the states with new technology to invest in testing."
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