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House Approves $484 Billion in Additional Coronavirus Relief Funding

On Capitol Hill, House lawmakers voted overwhelmingly Thursday to approve another $484 billion in emergency relief. Most of the money will replenish the Paycheck Protection Program, set up to provide forgivable loans to small businesses. New York Congressmember Alexandria Ocasio-Cortez blasted Republicans for refusing to take up new assistance to hard-hit U.S. residents — like cash payments and food aid — in the latest relief bill. And she pointed to big businesses like corporate chain restaurants that got tens of millions of dollars in loans meant for small businesses.

Rep. Alexandria Ocasio-Cortez: “The only folks that they have urgency around are folks like Ruth’s Chris Steak House and Shake Shack. Those are the people getting assistance in this bill. You are not trying to fix this bill for mom-and-pops. And we have to fight to fund hospitals, fighting to fund testing. That is what we’re fighting for in this bill. It is unconscionable. If you had urgency, you would legislate like rent was due on May 1st and make sure that we include rent and mortgage relief for our constituents.”

This article is republished from Democracy Now under a Creative Commons license. Read the original article.

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