Read The Latest PC Technology News Regarding Stimulus bill negotiations: This is where a second check stands
Congressional leaders are now at work hammering out details of the 2021 federal budget prior to the Dec. 11 government spending deadline. For now, however, negotiations for NBC’s Leigh Ann Caldwell reported Thursday.with are running on a separate track. Senate Minority Leader Chuck Schumer said this week that Republican and Democratic staff members will look to see if more economic help can be part of the federal funding for programs and services next year,
On Friday, Senate Majority Leader Mitch McConnell called for support for individuals and businesses “American workers should not lose their jobs needlessly when a second round of the job-saving Paycheck Protection Program for the hardest-hit small businesses would make a huge difference,” McConnell said in a statement. “Our medical system should not be denied additional support, including for distributing the life-saving vaccines that appear to be on the horizon.”
McConnell’s statement comes a few days after a similar statement from Joe Biden, when the President-elect called on Congress to come together and pass the $2.2 trillion that the House passed in May, which includes a of as much as for and such as .
“We’re going into a very dark winter,” Biden said. “Things are going to get much tougher before they get easier.”with a second stimulus check, but he can’t act on it until after .
Lawmakers entering the lame-duck session between now and the Jan. 3 swearing in of the next Congress have another chance to pass more economic relief before the end of 2020. For Americans and small businesses looking to the government for help, the time to act is before the end of the year, with several.
“There are a lot of things that are going to have to wait till Joe Biden is president, but this is not one of them,” Biden’s choice for chief of staff, Ronald Klain, said on Meet the Press.
Part of the debate is over how much each side believes we need more coronavirus relief. Conservative economists and politicians, including McConnell, see the latest signs of economic recovery as a signal that a smaller package can take the country over the hump until the.
Others disagree, pointing out that the vaccine won’t be ready for most people till the middle of 2021, during which time thousands more people could die every day and the economy could once again falter.
“It is essential that this bill have sufficient funding and deliver meaningful relief to the many Americans who are suffering,” House Speaker Nancy Pelosi and Schumer wrote in a Tuesday letter to McConnell. “For the sake of the country, we ask that you come to the table and work with us to produce an agreement that meets America’s needs in this critical time.”
Here’s what we know about where negotiations stand right now, and what could happen before the end of the year.
What could happen before the Jan. 20 inauguration?
Here are some possible scenarios that could play out over the coming weeks.
A stimulus bill is completed before Jan. 20: An agreement is made, and the current House and Senate vote before the new Congress is sworn in in January. If Trump signs it into law,, with certain groups receiving financial help before the end of 2020.
A stimulus deal is finalized and fails in either the Senate or House: In this situation, the Democrats and Republicans could advance their own proposals that might pass in their majority chambers, but fail (or fail to be considered) by the other. In this case, Congress might try again after Biden is sworn in as president.
Some funding could be included in a bill that also funds the government past Dec. 11: It’s possible that one piece of funding, for example a stimulus check, unemployment aid or an avoid a shutdown. As sitting president, Trump would need to sign the bill into law for it to take effect., could make it into a bill to keep the government funded past Dec. 11 and
Talks once again fall apart until after Jan. 20: If partisan differences keep a bill from forming or passing, it’s likely they’ll restart in some capacity after the inauguration in January.
To help visualize when a bill could pass, we’ve come up with four possible dates for an agreement. If a bill does pass that includes a direct payment, here’s.
When could a stimulus bill or package pass?
|House votes||Senate votes||President signs|
|Dec 11||Dec 12||Dec 13|
|Feb 1, 2021 (after inauguration)||Feb 2||Feb 3|
|Feb 16 (Feb 15 is President’s Day)||Feb 16||Feb 16|
|Mar 15||Mar 16||Mar 17|
Why this $2.2 trillion stimulus package is still important
On Oct. 1, the House of Representatives passedthat included a and such as for tens of millions of Americans. The new House bill, endorsed primarily by Democrats, was not expected to advance through the Republican-controlled Senate, and indeed has not.
It provides the framework Pelosi is working from, however, has the support of Biden and could figure into future negotiations, depending on election results that could potentially shift the balance one way or another.
The vote was thought to provide cover for House Democrats as they campaign without a new relief bill, much as the Senate did earlier in September for Republican members with its $650 billion skinny bill.
What Republicans and Democrats agree on right now
Proposals from both sides have included another for individuals , among topics like aid for airlines, and extending the Paycheck Protection Program for businesses.
Although the Senate’s targeted bills, which did not advance, did not include stimulus checks, Republicans (including those in the Senate) have supported them.
Here are more details on thebetween the White House Republicans and the Democrats.
For more information about stimulus checks, here’s, , and what to know about the stimulus bill proposals that could help inform a final package.