House Majority Leader Steny Hoyer on Sunday said in a schedule notice to members that the lower chamber could meet as early as Wednesday at 10 a.m. to consider new legislation that would provide up to $450 billion to small businesses hit hard by the coronavirus pandemic, reports The Hill.
President Donald Trump earlier in the day told reporters, "We're getting close to a deal."
Along with the small business boost, Trump said the negotiators were looking at "helping our hospitals," particularly hard-hit rural healthcare providers.
The deal would include $300 billion for the small-business payroll program. Another $50 billion would be available for the small business disaster fund. Additionally, it would bring $75 billion for hospitals and $25 billion for testing, according to those involved in the talks, The Associated Press reports.
The only portion of the package not agreed to focused on coronavirus testing, according to Senate Majority Leader Mitch McConnell, R-Ky. Money for state and local government funding, as well as food stamp aid requested by Democrats, would not be included in the deal.
House Speaker Nancy Pelosi told House Democratic committee chairmen on Sunday that there were still "four or five outstanding issues," according to The Hill.
Solange Reyner ✉
Solange Reyner is a writer and editor for Newsmax. She has more than 15 years in the journalism industry reporting and covering news, sports and politics.
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