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Congressman: PPP replenished after heavy demand; hospitals and stockpiles may need more federal support
Summary
Rep. Rick Crawford told an Arkansas town hall that Congress approved about $251 billion to replenish the Paycheck Protection Program after unexpected uptake, said hospital funding may still be required, and urged rebuilding domestic medical stockpiles.
U.S. Rep. Rick Crawford told viewers during an online town hall hosted by Lieutenant Governor Tim Griffin that Congress moved to replenish the Paycheck Protection Program (PPP) after the program’s initial funds were rapidly claimed.
Crawford said the House and Senate approved an additional $251,000,000,000 to refill the program after demand exceeded expectations and some institutions not intended to be primary beneficiaries—he cited Harvard University and large franchisees such as Shake Shack as examples—returned…
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