U.S. Senator Ron Johnson hopes the next round of Payroll Protection Plan funding actually makes it to businesses that need it the most.
The Oshkosh Republican is frustrated that major companies were able to get some money from the first PPP.
The first round of nearly $350 billion dollars ran out in just two weeks. There’s another $310 billion available in the second round.
Johnson also thinks mistakes were made in the extension of additional unemployment benefits to American workers. He believes the flat $600 increase in weekly benefits will backfire on the economic recovery, because some people might not want to go back to work.
Johnson was in favor of a bill that would have increased weekly benefits to two-thirds of previous earnings. Others in the Senate thought it would be too difficult for state unemployment agencies to figure out.
