Business Loans Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Alive. Thank you very much. Today a house subcommittee holds a hearing to examine security for the upcoming president ial election in november. Live coverage begins at 10 00 a. M. Eastern on cspan 3. Online at cspan. Org or listen live on the free cspan radio app. Talk about this morning as the negotiators on capitol hill continue with that pandemic relief package. Well hear more about that a little bit later this morning. But heres whats proposed so far. This is in the package at least the senate is debating, the socalled heals act, people who work for themselves and Small Businesses. They wr...

Ave to hospitals. E getting bathose ators, othn veanothesar currently being refurbished. Reporter the governor made sure to emphasize that the vents are on loan and could be called back at a moments noce here. To the extent that other americans need our support, our largess, well be there for as people as we possibly can, but know this, were also taking care of our 40 million in california as well. And at the same time, bay area businesses are ramping up production of ventilators. We got a tour of evolve Manufacturing Technologies in fremont today. The company normally makes medical devices su...

So the banks immediately went to the businesses that they already had reasons with. So your local restaurant and Bowling Alley and places that are going to have to shut done, none of them got money. And if we come to find out now that who actually did got end up getting the money were hedge funds and passthrough entities of millionaires, i really think theres going to be there is going to be grave outrage on the part of people because the 350 billion was meant to prevent Small Businesses in all sectors from shutting down. It wasnt meant to be reserve money reserved for only the people who had ...

Had relationships with. So your local restaurant and Bowling Alley and places that are going to have to shut down none of them got money. And if we come to find out now that who actually did get end up getting the money were hedge funds and pass through entities of millionaires. I really think theres going to be grave out rage on the part of people because the 350 billion was meant to prevent Small Businesses in all sectors from shutting down. Not meant to be reserve money for only the people who already had lines of credit at a bank. Thank you so much. Appreciate your time. This is cnn tonigh...

Contributing authors: Diana Kim, Kaitlyn M. Baietto Certain provisions of the Coronavirus/COVID-19 economic stimulus legislation are subject to the issuance of government regulations and other government action; thus, certain details regarding the legislation may be clarified or added. On December 27, 2020, a new relief bill was passed into law intended to provide much-needed economic support to assist businesses in making it through this winter. The bill, known as the “Consolidated Appropriations Act, 2021” (Act), allocates over $284 billion in funding to the Small Business Administrat...