"Energy Woes Mount As Stimulus Talks Flounder"

"Energy advocates and their congressional allies are highlighting the mounting economic fallout from COVID-19 as negotiations on another limited round of stimulus appeared to struggle over the weekend.

House and Senate Republican leaders said Saturday that they remain united in trying to pass a $250 billion increase for the recently enacted Paycheck Protection Program (PPP), which loans federal funds to small businesses and is expected to run out of funding in the coming days.

'We will continue to seek a clean PPP funding increase,' Senate Majority Leader Mitch McConnell (R-Ky.) and House Minority Leader Kevin McCarthy (R-Calif.) said in a joint statement. 'We hope our Democratic colleagues familiarize themselves with the facts and the data before the program runs dry.'"

Geof Koss and Maxine Joselow report for E&E Daily April 13, 2020.

Source: E&E Daily, 04/14/2020