For drinking thousands of people reluctantly begin the move into a new less refugee camp. Was than saddam well thousands of people are holed up in just the comes for those displaced in the flooding ill be bringing you their stories on how they are coping. Are many run ins with the sports news including a new world record enough rhetorics swedish pole vaulter mondo dupont has broken so were going to close out the recalled she stood for 26 years. The World Health Organization has sounded the alarm bell over the rising rate of coronavirus. Mission across europe more than 300000 infections in the past 7 days weekly cases are now exceeding those reported when the pandemic peak that crossed the continent in march the w. H. O. Is urging countries not to cut quarantine periods warning the sacrifices made could be wasted here in britain the government has admitted Testing Capacity isnt satisfactory as more regions are sent into lockdown the reports from london. Newcastle northeast england a maj
Joining us live from montclair, new jersey, is the editor at large of inc. Magazine talking. Com and we are about the Paycheck Protection Program. Thank you for joining us. Explain the Paycheck Protection Program and give us this days report on the new law . Now there isht money available for businesses who need it. That allows them to get a loan backed by the fda that will allow you to pay your employees, potentially, while your business is closed. The first round of the money for the program was 349 billion dollars and it ran out after just under two weeks, about 13 days. The second round of money, we believe there is 100 billion left. A lot of people think the program is over, but for Business Owners for whom this is a good solution for keeping employees on, there is money Still Available and they should apply. Host what did you learn about part one of the program . What needed improvement . Guest a lot of dissatisfaction a lot of dissatisfaction was centered on the way it was execu
Program. Give us a status report on how this part of the new law is doing. Guest good morning. Thanks so much for having me on. The Paycheck Protection Program, right now, there is money available for businesses who need it. What it allows is to get a loan backed by the fda that will allow you the sba that will allow you to pay your employees potentially while your business is still closed. The first round of money for that program was 349 billion, and it ran out just after under two weeks. It was about 13 days. However, the second round of money, we believe there is still about 100 billion left. A lot of people think the program is over or that it is not available to them, but for Business Owners for whom this is a good solution, to being able to keep their employees on, there is still money available and they should apply if they think it will work for them. Host what did you learn in part one of this program . Worked about it and what needs improvement . Guest in part one of the pro
Future. And the Nonpartisan Congressional Budget Office has told us that the houses proposal will not generate sustainability of Pension Plans or the sustainability of the pbgc. So we better not spend time on something the Congressional Budget Office just isnt going to bring a solution and definitely not a longterm solution. In contrast, the proposal that senator alexander and i are releasing today addresses the immediate needs of the few multiemployer plans facing immediate crisis in a manner that protects participant benefits and also ensures a sustainable multiemployer Pension System for the long haul. And it does this all in a fiscally responsible way. Our proposal is not a giveaway to corporations or to unions, and its a better deal for the taxpayers at the same time than a future that even with a larger problem and a pbgc funding needs that will almost surely be met with a taxpayer bailout. All participants in the system would make a sacrifice. Let me make that clear. All partici
The presiding officer any senator wish to vote or change their vote . The yeas are 88. Nays are 4. The nomination is confirmed. Under the previous order, the motions to reconsider are considered made and laid upon the table and the president will be immediately notified of the senates action. A senator madam president . The presiding officer the senator from wyoming. Mr. Barrasso thank you, madam president. First i ask unanimous consent that the senate proceed to a legislative session and be in a period of morning business with senators permitted to speak therein for up to ten minutes each. The presiding officer without objection. Mr. Barrasso thank you, madam president. Madam president , i come to the floor today having just spent thanksgiving day with our troops serving in afghanistan. It was an incredible honor to join President Trump in a surprise visit to the soldiers stationed at Bagram Air Force base. We served thanksgiving dinner to our dedicated Service Members, those are indi