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Senate reaches surprise deal to extend Paycheck Protect Program — but House action may not happen before recess: report

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Senators have passed an emergency extension of the Paycheck Protection Program (PPP), The Washington Post reported Tuesday.

“The Senate reached a surprise last-minute deal late Tuesday to extend the small-business Paycheck Protection Program through Aug. 8, passing it just hours before the lending program was set to shut down at midnight,” the newspaper reported. “Prospects for the legislation in the House, however, were uncertain. Both chambers are set to adjourn for a two-week recess by week’s end.”

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The newspaper gave credit for the behind-the-scenes negotiations to Senate Minority Leader Chuck Schumer (D-NY) along with Marco Rubio (R-FL), Susan Collins (R-ME) and Chris Coons (D-DE).

“The Senate acted by unanimous consent to extend the Tuesday midnight deadline for when the PPP can accept applications for forgivable loans for an additional five weeks. It came as the program was poised to shut down to new users with more than $130 billion left untapped. Lawmakers were working on legislation to redirect the remaining funding to additional businesses, but no such deal was expected to be reached until late July, and meanwhile the money left in the program would be sitting unspent,” the newspaper explained.

The legislation faces hurdles in the House of Representatives.

“Even if the House manages to pass the measure before adjourning this week, though, thorny questions still remain unresolved about how to repurpose the funds left in the program. Demand for the remaining money has slowed to a trickle, a dramatic change since the program was launched in April and immediately overwhelmed by demand,” the newspaper explained.


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2020 Election

Montana GOP ticket sidelined after exposure to COVID-positive Trump, Jr. girlfriend Kimberly Guilfoyle: report

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The Montana Republican Party is facing a crisis after multiple members of the ticket traveled to South Dakota for Donald Trump's rally and were potentially exposed to COVID-19.

"Montana gubernatorial candidate Rep. Greg Gianforte and his running mate, Kristen Juras, confirmed Saturday they will self-quarantine after Gianforte's wife, Susan, and Juras attended an event last week with Kimberly Guilfoyle, who has since tested positive for COVID-19," KBZK-TV reported Saturday.

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‘Perhaps the most un-American speech ever delivered by an American president’: Ambassador McFaul

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President Donald Trump's address at Mount Rushmore was blasted as "un-American" by former U.S. Ambassador to Russia Michael McFaul.

McFaul retweeted a clip of the leader of the free world failing to pronounce the word, "totalitarianism."

"Trump has no idea what words like fascism and totalitarianism mean," McFaul, now a professor at Stanford, declared.

"To those who wrote this speech and those senior [White House] officials who approved this speech, shame on you. Perhaps the most un-American speech ever delivered by an American president and on the July 4th weekend no less," he explained.

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Nevada GOP ridiculed for ‘illiteracy’ after sending out garbled Independence Day message

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The Nevada Republican Party was ridiculed on Saturday for the Independence Day message the organization sent out.

Veteran Nevada political reporter Jon Ralston, the editor of The Nevada Independent, tweeted out a screenshot of the email sent by Michael McDonald, the chairman of the state GOP.

Ralston described the email as a "microcosm of NV GOP's incompetence (and illiteracy)" and mocked the party by saying "English is a difficult language to master."

Here is Ralston's thread on the Fourth of July message:

Microcosm of NV GOP's incompetence (and illiteracy) in Chairman @McDonaldNV's Independence Day message, which begins (I kid you not.):

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