Walden Expects Deal To Replenish PPP Funds

Oregon Second District Congressman Greg Walden says he expects some kind of agreement to be reached to put more funds into the Payroll Protection Program.  The loan and grant program to help small businesses ran out of its allotted $350 billion on Thursday, and President Donald Trump has asked for another $250 billion dollars, and Walden says talks are continuing.  He says no one objects to the program itself, and he hopes the deal will get done sometime next week.   Walden, who on Thursday was appointed to the White House Economic Task Force, said leadership can come to terms on the funding and some of the issues are being worked out.  But the question is whether a House or Senate member will demand a quorum be present for a vote, which would require members to get on planes and fly back to Washington, D.C. and lead to a 48-hour delay.

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