House Republicans try to force PPP small business vote
House Republicans will try to quickly force a vote on a bill to replenish a key small business aid program against coronaviruses, congressional advisers say.
GOP lawmakers will unveil a two-part proposal on Wednesday designed to restart the paycheck protection program. Representatives Steve Chabot of Ohio and Jaime Herrera Beutler of Washington plan to bring forward proposals to reopen requests for the remaining $ 138 billion unspent from the small business loan program, along with a so-called petition from discharge to force a vote on the bill.
Under the legislation, businesses could apply for a second loan if they have fewer than 300 employees and have seen their income drop by 25%. The GOP should be able to start collecting signatures on the petition next Friday and would need 218 to move towards a vote. If all 198 Republicans back the decision, the party would need 20 Democrats to join.
House tenant Nancy Pelosi, D-Calif., Has repeatedly said the chamber will only support a full coronavirus relief program. Democratic leaders have previously rejected efforts to renew stand-alone aid policies such as unemployment insurance as they advocated legislation that would cost at least $ 2.2 trillion.
The Republican maneuver underlines growing unrest among members of the two main parties to approve more pandemic aid ahead of the 2020 election. Vulnerable GOP senators in November pushed for more relief, while House Democrats competing in competitive races have reportedly become increasingly impatient with Pelosi’s strategy.
Coronavirus revival talks between the Trump administration and Democratic leaders effectively collapsed last month and have made little progress since. However, the president Donald trump urged Republicans to support a more ambitious stimulus package on Wednesday. White House chief of staff Mark Meadows also said he had become more optimistic about a deal in recent days.
On Tuesday, the bipartisan House Problem Solvers Caucus presented a $ 1.5 trillion plan, which Democratic leaders opposed.
Last week, Senate Democrats blocked a roughly $ 500 billion Republican rescue plan that Democrats called unsatisfactory to face economic and health crises.