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The Senate on Wednesday passed legislation to make it easier for businesses struggling during the coronavirus pandemic to take advantage of a payroll subsidy program that’s been a central part of Washington’s response to the corresponding economic crisis.The Senate passed the bill by voice vote after a handful of GOP opponents gave way. The measure now heads to President Donald Trump for his expected signature.The legislation would give business owners more flexibility to use taxpayer subsidies for other costs and extend the lifespan of the program as the economy continues to struggle through record joblessness and a deep recession.It passed the House overwhelmingly last week on a 417-1 vote, but was briefly held up this week as Republican leaders sought to placate opponents such as Wisconsin GOP Sen. Ron Johnson.The legislation would lower an original requirement that at least 75% of Paycheck Protection Program money be used on payroll costs, reducing that threshold to 60% of the loan. It would also lengthen the period in which PPP money must be used — and still permit businesses to have their loans forgiven — from eight week to 24 weeks.Critics say the pending measure does nothing to ensure that businesses that don’t necessarily need PPP subsidies are ineligible, among other problems.“If we’re going to potentially authorize more spending, that program needs to be reformed,” Johnson told reporters. “My main problem with what the House did — and this is what’s in dispute — it basically reauthorized the program through Dec. 31, setting up a massive new infusion into the program without the reforms I think really need to be placed so that people who don’t need it don’t keep getting it. We don’t have an unlimited checkbook.”But the bill had strong support among both Republicans and Democrats and the backing of powerful business groups, which strengthened the hand of supporters like top Senate Democrat Chuck Schumer, who had failed earlier Wednesday in his own attempt to orchestrate passage. At that time it became clear Johnson’s resolve to block the bill was fading and Schumer and Majority Leader Mitch McConnell, R-Ky., reprised the effort only hours later.“The impact of this crisis is long lasting, and requires lenient terms. We have all heard from small businesses in our states ... that (PPP) needed some changes to make it work for so many small businesses that had been left out or rejected,” Schumer said.All told, Congress has approved 0 billion for the program in two installments. After an initial burst of loans emptied the program in just two weeks, demand for PPP funding has dwindled amid griping from some business sectors that there are too many restrictions in order to qualify to receive loan forgiveness. Businesses receiving PPP must also certify that they need it to keep operating, a requirement that makes some business owners cautious about applying.Johnson said Republicans are hoping to get top lawmakers to sign onto a nonbinding letter to the program’s overseers seeking to clarify some of the rules governing the program. He did not explain exactly what he’s seeking but said Republican lawmakers are close to agreement on the language of the proposed letter.As enacted in late March, the Paycheck Protection Program required businesses to spend their loan money within an eight-week window to get the loans forgiven — and effectively turned into outright grants. It also required that three-fourths of the money be spent on payroll as a means of keeping workers linked to their jobs. But small businesses said the rules were too inflexible, especially as the eight-week window to use the taxpayer subsidies is beginning to close for many businesses, many of which are still struggling to fully reopen.Restaurants in particular were upset that under the law were required to rehire their laid-off workers even though they were either closed or limited to takeout and delivery. Many other business owners feared that they would use up their loan money before being allowed to reopen, and then have to lay off employees again because their business wouldn’t bring in enough revenue to keep paying everyone.The new measure gives business owners 24 weeks to spend the federal aid — instead of eight as originally designed — and extends the program through the end of the year while also lengthening the the maturity date and deferral period of the loans.Republicans such as Small Business Committee Chairman Marco Rubio of Florida complained that the carefully negotiated bill contains a drafting error that could eliminate loan forgiveness entirely for companies who want to use less than 60% of the money for payroll costs. Under the original PPP legislation, passed in March as part of a massive, about trillion CARES Act, loan forgiveness was prorated according to how badly businesses missed the goal of using 75% to maintain payroll. 4918

The overall quality of a new, model year 2019 vehicle was no better than in 2018, despite the average vehicle price increasing from year to year.In a study released Wednesday by J.D. Power and Associates, it measured the number of problems experienced during the first 90 days of ownership. Based on this standard, the study found 13 brands improved, while 18 worsened. Overall, it found that there were 93 problems per 100 vehicles with new cars. Some models, on average, had more than one problem per vehicle. The study found that Genesis was the best performing brand in 2019 with 63 problems per 100 vehicles. Genesis was followed by Kia with 70 problems per 100 vehicles. The worst performing auto brand was Jaguar with 130 problems per 100 vehicles. “Automakers continue to make progress in areas like infotainment that attract a lot of consumer attention,” said Dave Sargent, Vice President of Global Automotive at J.D. Power. “However, some traditional problems crept up this year including paint imperfections, brake and suspension noises, engines not starting and the ‘check engine’ light coming on early in the ownership experience. Also, more people are having issues with their advanced driver assistance systems, which are critical for building consumer trust in future automated vehicles.”J.D. Power notes that Hyundai Motor Group brands Genesis, Kia and Hyundai has widened the gap in quality. Hyundai ranked third with 71 problems per vehicle. The next best brand is Ford with 83 problems per vehicle. One area of improvement is car's infotainment units, but remains as the most problematic category for new vehicles. Although the quality has not increased among new cars, the price has. Kelley Blue Book found that new car prices increased 1.3 percent from the end of 2017 to the end of 2018. For more information on the study, click 1865

The State Department told CNN on Saturday that the United States is cutting off aid to the Northern Triangle, as the territory made up of the Central American countries of El Salvador, Guatemala and Honduras is known, after President Donald Trump said this Friday that they had "established" caravans of migrants to enter the United States."We were paying them huge amounts of money. And we are not paying them anymore. Because they have not done anything for us. They installed these caravans, "said Trump. "Following the secretary's instructions, we are conducting the president's address and ending the foreign assistance programs for the Northern Triangle for fiscal year 2017 and fiscal year 2018," said a spokesman for the State Department. "We will participate in the Congress as part of this process."Trump threatened to interrupt or substantially reduce aid to the Northern Triangle before saying in an October tweet that countries "could not do the job of arresting people since they left their country and came to the United States illegally." But experts have said that cutting aid will likely increase the number of migrants leaving countries and heading to the United States."Cutting aid could worsen the circumstances for families fleeing violence and conflict. The American aid associations in these places are working to address the root causes of violence in Honduras, Guatemala and El Salvador. This is a time when these countries could use additional investments and partnerships from the United States to promote economic opportunities and security for their citizens, nothing less, "said the United States Global Leadership Coalition, composed of retired diplomats, military leaders and members of Congress. As for the possibility, the help could be cut. The officials did not say exactly how much money would be affected by the directive and it is likely that part of the amount has already been spent. According to a study by the Congressional Research Service, between last year and this year, about 1,300 million dollars were allocated to the region, and the great majority went to those three countries. 2142

The Supreme Court cleared the way for the Trump administration's rule that dramatically limits the ability of Central American migrants to claim asylum to go into effect nationwide while the appeals process plays out.Wednesday's order is a major victory for the administration, which argued the rule was necessary to screen out "asylum seekers who declined to request protection at the first opportunity.""BIG United States Supreme Court WIN for the Border on Asylum!" President Donald Trump 504

This is a death threat, Representative. Clearly, you shouldn't own an AR-15—and neither should anyone else. pic.twitter.com/jsiZmwjMDs— Beto O'Rourke (@BetoORourke) September 13, 2019 195

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