Senate blocks $48 billion aid package for restaurants, other small businesses, May 19, 2022 (After Approving $40 Billion for Ukraine - #AmericaLast):"The Senate on Thursday blocked a bipartisan bill to provide $48 billion to restaurants, gyms and other small businesses hit particularly hard by the pandemic.

Senators voted 52-43 to hold a vote on the bill, falling short of the 60-vote threshold needed to move forward. Just five GOP senators voted for the motion to proceed, with the bill’s opponents citing its impact on the federal deficit and inflation.

The vote likely spells doom for the bill, which was crafted by Sens. Roger Wicker (R-Miss.) and Ben Cardin (D-Md.) and backed by Senate Majority Leader Charles Schumer (D-N.Y.) as a way to help struggling small businesses get out of debt accrued during the pandemic."

https://thehill.com/news/senate/3494868-senate-blocks-48-billion-aid-package-for-restaurants-other-small-businesses/ #AmericaLast #NurseUp #SmallBusiness #Economy #Congress