House Majority Leader Steny Hoyer (D-Md.) As he left the Capitol for the night he declined to specify whether $600 met his definition of substantial.Sen. Ron Johnson (R-Wis.) blocked Hawley and Sanders from passing a new round of $1,200 stimulus checks, exposing the rift in the GOP about how to handle the pandemics sweeping economic impacts. Undermining that authority could mean less lending to Main Street businesses, higher unemployment and greater economic pain across the nation.The Fed programs at issue provided loans to small and mid-sized businesses and bought state and local government bonds, making it easier for those governments to borrow, at a time when their finances are under pressure from the pandemic. This is ridiculous, said Rep. Jahana Hayes (D-Conn.). __AP Economics Writer Christopher Rugaber contributed.
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