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President Trump says he's close to a deal with Congress on virus aid

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Posted at 8:26 PM, Apr 19, 2020
and last updated 2020-04-19 21:31:50-04

WASHINGTON (AP) - — President Donald Trump says his administration and Congress are getting close to a deal on an aid package of up to $450 billion. The money would boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.

Treasury Secretary Steven Mnuchin has said he is hopeful of a deal that could pass Congress quickly and get the program back up by midweek.

The proposed deal would add roughly $300 billion for the government's Paycheck Protection Program. An additional $50 billion would be appropriated for small-business disaster loans.