WASHINGTON (AP) — President Donald Trump says his administration and Congress are getting close to a deal on an aid package of up to $450 billion. The money would boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing. Treasury Secretary Steven Mnuchin has said he is hopeful of a deal that could pass Congress quickly and get the program back up by midweek. The proposed deal would add roughly $300 billion for the government’s Paycheck Protection Program. An additional $50 billion would be appropriated for small-business disaster loans.
NEW: “We’re getting close to a deal … we could have an answer tomorrow,” President Trump says on deal with Democrats on coronavirus relief for small businesses and workers. https://t.co/zJCPvL2MMO pic.twitter.com/z7pNp17A5U
— ABC News (@ABC) April 19, 2020