Paycheck Protection Progra,
WASHINGTON—U.S. Senator Chris Murphy (D-Conn.) on Thursday released the following statement after the U.S. House of Representatives passed additional funding for small businesses, our health care system, and to increase testing and contact tracing capacity. This legislation funding specifically designated for community banks and small lenders to ensure that Paycheck Protection Program funds are actually reaching small businesses. The Senate passed the legislation by unanimous consent (UC) on Tuesday. “I’m glad to support this bipartisan agreement to get emergency funding out the door so that our small businesses in Connecticut can pay their employees and stay afloat. It’s especially important that we were able to set aside dedicated funding to community banks and small lenders, since far too many Paycheck Protection Program…