US loan programme for small businesses runs out of funds

Share it with your friends Like

Thanks! Share it with your friends!

Close

The US government says a $349bn emergency fund set up to keep small businesses afloat has run out of money and is no longer accepting new applications.

And now, Republicans and Democrats are in a fight to inject money into the lending programme.

Democrats say they will only agree if states and hospitals are given billions of dollars as well – a demand Republicans have rejected.

Al Jazeera’s Patty Culhane reports.

– Subscribe to our channel: http://aje.io/AJSubscribe
– Follow us on Twitter: https://twitter.com/AJEnglish
– Find us on Facebook: https://www.facebook.com/aljazeera
– Check our website: https://www.aljazeera.com/

#AljazeeraEnglish #US #EmergencyLoanProgramme

Comments

Comments are disabled for this post.