Latest Weather Blog
Senate approves $484B relief package for small business, hospitals, testing
The U.S. Senate unanimously passed legislation putting another $310 billion into the Paycheck Protection Program, a federal program designed to extend loans to small business owners to help retain their employees for two months and keep their companies afloat amid the coronavirus pandemic.
The overall deal tops $484 billion, with the House expected to vote on it Thursday.
WATCH: Sen. Bill Cassidy discusses federal stimulus plans on WBRZ Wednesday
The agreement also adds $60 billion for the Small Business Administration’s disaster relief fund. Farms and other agriculture enterprises would now be considered eligible.
It also provides an additional $75 billion to hospitals and $25 billion for testing, including resources for states. About $11 billion dedicated to testing will be given to states and localities "to develop, purchase, administer, process and analyze COVID-19 tests."
This comes just weeks after Congress approved a $2 trillion stimulus package, the largest relief measure in American history.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
LSU Greek Life partners with Habitat for Humanity to build homes for...
2MAD: Baton Rouge Buddy Walk; 101 Women in Business Conference
State lawmaker proposes harsher penalties for ATM thieves after uptick in crime
Business owner says she's facing threats over plans to host drag performance...
Damage caused by city worker will cost nearly $1 million to fix;...