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WASHINGTON, D.C. — Democrats have driven a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate.Maryland Democrat Ben Cardin pushed for the extension of the Paycheck Protection Program hours before a deadline for applying for the program, which was created in March and has been modified twice.The measure is not a done deal though. It must also pass the house and be signed by President Donald Trump.If approved by Trump and the House, the new deadline for businesses to apply for PPP loans would be pushed back to Aug. 8.The proposed extension is an unexpected development that comes as spikes in coronavirus cases in many states are causing renewed shutdowns of bars and other businesses.The pressure swayed Republicans controlling the Senate, who have delayed consideration of a fifth coronavirus relief bill and are preparing to go home for a two-week recess.About 4.8 million businesses received a PPP loan, with a total of 9 billion lent out. But as of Tuesday, there was still more than 0 billion left in the pot.As to why that is, the Small Business and Entrepreneurship Council says there's a few reasons, like concerns over how much would actually be forgiven, constantly changing rules, and strict limits to how the money can be used.“Not all businesses are the same. So, you know you've got businesses with high overhead, maybe few on payroll,” said Karen Kerrigan, President and CEO of the SBE Council. “This program really didn't align with their needs.” 1534
WASHINGTON, D.C. – The Washington Football Team has appointed Jason Wright as team president, making him the first Black person in NFL history to hold that position.At just 38 years old, Wright is also the league’s youngest team president, The Associated Press reports. 277
WASHINGTON (AP) — U.S. intelligence officials believe that Russia is using a variety of measures to denigrate Democratic presidential candidate Joe Biden ahead of the November election and that individuals linked to the Kremlin are boosting President Donald Trump’s reelection bid. That's according to a rare public statement Friday from the country's counterintelligence chief, William Evanina. The statement also says that U.S. officials assess that China prefers that Trump not win a second term and that Beijing has accelerated its criticism of the president and its efforts to shape American opinion and public policy.Evanina's statement also links Moscow’s disapproval of Biden to his role in shaping Obama administration policies supporting Ukraine, an important U.S. ally, and opposing Russian leader Vladimir Putin. That assertion conflicts with the narrative advanced by Trump, who has made unsubstantiated claims that Biden’s actions in Ukraine were intended to help the business interests of his son, Hunter. 1028
WASHINGTON (AP) — President Donald Trump says he opposes additional funding for the U.S. Postal Service, acknowledging that his position would starve the agency of money Democrats say it needs to process an anticipated surge in mail-in ballots during the coronavirus pandemic.The Republican president said Thursday on Fox Business Network’s “Mornings with Maria” that among the sticking points over a new virus relief package were Democrats’ demand for billions of dollars to assist states in protecting the election and to help postal workers process mail-in ballots.Trump said Democrats are asking for .5 billion for universal mail-in voting and billion for the Postal Service“They need that money in order to have the post office work so it can take all of these millions and millions of ballots,” Trump said in the call-in interview. “If they don’t get those two items, that means you can’t have universal mail-in voting because they’re not equipped to have it.” 980
WASHINGTON (AP) — The Supreme Court is rejecting an appeal from environmental groups trying to stop President Donald Trump from building a wall on the U.S.-Mexico border, even as other legal action against the wall is ongoing.The justices on Monday left in place a ruling by a federal judge in San Diego who rejected challenges claiming that the Trump administration improperly waived laws requiring environmental and other reviews before construction can begin.The judge in the San Diego case was Gonzalo Curiel. Trump criticized Curiel during the presidential campaign for his handling of fraud allegations against now-defunct Trump University. Trump had already proposed a border wall and suggested the Indiana-born judge's Mexican heritage meant he wouldn't be fair to Trump in the fraud lawsuit. 808