Senate Approves Coronavirus Package That Injects $321 Billion More Into Small Business Relief Program
While many entertainment and media businesses undoubtedly will pursue the PPP money, the legislation does not include a provision sought after to specifically provide relief to a larger number of local media outlets, including newspapers, radio and TV stations that have been hit hard from a plunge in advertising revenue.
“Even though these news outlets may be owned by larger groups, they operate independently,” they wrote. “It doesn’t look like it got in this round, but there will be more rounds to follow,” David Chavern, president and CEO of the News Media Alliance, said in an email. “We are going to keep fighting for it, along with a new government advertising program.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senate approves $484B relief package for small business, hospitals, testingBREAKING: Senate unanimously approves bipartisan deal that will pump another $310 billion into the Paycheck Protection Program. The overall deal to which lawmakers and the White House agreed tops $484 billion.
Read more »
Senate approves $500B virus aid deal; sends to HouseBREAKING: Senate approves new coronavirus aid bill with nearly $500 billion total for businesses, hospitals and testing after Congress and the White House reached a deal. The measure next goes to the House.
Read more »
Senate approves $480 billion package to help small businesses and hospitals, expand testingThe Senate passed a roughly $480 billion relief package Tuesday that includes hundreds of billions of dollars in new funding for small businesses hurt by the coronavirus outbreak along with other priorities like money for hospitals and expanded Covid-19 testing.
Read more »
Senate approves $480 billion more aid for small businesses, hospitals and testing after week of partisan infightingThe emergency relief is expected to pass Congress and be signed into law by President Donald Trump as early as Thursday.
Read more »
Senate moves toward possible Tuesday coronavirus vote, Pelosi sees deal 'on principles'The U.S. Congress on Monday inched toward a $450 billion deal to help small businesses and hospitals hurt by the coronavirus pandemic, with House Speaker Nancy Pelosi saying negotiators had come to terms on the 'principles' of the package as the Senate set a Tuesday session for a potential vote.
Read more »
Senate has no deal on the next coronavirus relief bill, but sets up possible Tuesday voteCongressional Democrats are in discussions with the Treasury Department on an agreement to replenish a small business aid program.
Read more »