Help is on the way (sort of)

Explain It to Me

Vox Media Podcast Network

Politics, Society & Culture, Education, News

4.4 • 8K Ratings

🗓️ 17 April 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ezra and Matt break down the implementation problems that have bedeviled the CARES Act. Resources: "Policy by no other means" The Weeds Hosts: Matthew Yglesias (@mattyglesias), Senior correspondent, Vox Ezra Klein (@ezraklein), Editor-at-large, Vox Credits: Jeff Geld, (@jeff_geld), Editor and Producer Cold open courtesy of NBC News More to explore: Subscribe to Impeachment, Explained on Apple Podcasts, Spotify, Stitcher, Overcast, Pocket Casts, or your favorite podcast app to get stay updated on this story every week. About Vox Vox is a news network that helps you cut through the noise and understand what's really driving the events in the headlines. Follow Us: Vox.com Facebook group: The Weeds Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:31.0	Small business owners still trying to apply for forgivable loans
0:35.0	are being turned away because the government's paycheck protection program is out of money.
0:40.0	Now with the $350 billion exhausted,
0:43.0	the push to add another $250 billion is stalled in Congress.
1:00.5	Hello, welcome to another episode of the weeds on the Vux Media Podcast Network.
1:04.0	I'm Matthew Eglaceus here today with Ezra Klein.
1:07.2	And we wanted to talk about some of the implementation snags
1:12.6	that are happening in Congress's fiscal stimulus efforts.
1:16.2	And I guess we are here recording on Thursday, April 16th,
1:20.0	which is officially the day that the small business lending fund that Congress created ran out of money.
1:27.0	It didn't last very long.
1:28.8	And some of that is just like they didn't put enough money into it.
1:32.8	They say they're ongoing negotiations about putting some more in.
	...

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