Bipartisan Group Of Lawmakers Pushes For PPP Flexibility

Bipartisan Group Of Lawmakers Pushes For PPP Flexibility

Assessment

Interactive Video

Social Studies

University

Hard

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The video discusses the Paycheck Protection Program (PPP) and the initial 8-week period businesses have to use the funds. A bipartisan group of senators believes this is insufficient and proposes extending the time. Some businesses have not fully reopened, complicating fund usage. Senator Marco Rubio highlights the need for legislative changes. The Senate faces delays in voting, pushing decisions to the next month. Meanwhile, the House plans to vote on measures to provide more flexibility for PPP recipients, including extending the loan forgiveness period and rehiring time.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Senator Marco Rubio tweet about the legislative fix needed for PPP?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of May 29th in relation to the PPP loan recipients?

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