Sens. Lee, Johnson slow bill tweaking SBA COVID-19 loan program
Story Date: 6/3/2020

 

Source: Jim Saksa, ROLL CALL, 6/2/20


Two Republican holdouts are threatening to prevent speedy passage of a bill that would modify a popular coronavirus loan program for small businesses over the temporary initiative’s end date. Senate Small Business and Entrepreneurship Chairman Marco Rubio, R-Fla., said GOP Sens. Mike Lee of Utah and Ron Johnson of Wisconsin are holding up the bill because they want the Paycheck Protection Program to expire in August rather than December.

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