There are still several obstacles to pushing through a new financial aid bill.
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The Senate entered session this week and has restarted talks around another stimulus package with the goal of passing a bill between the end of 2020 and before January 20, the date of Joe Biden’s inauguration as president. from the United States.
Politicians and economists see the stimulus measures as a crucial way to stop the spread of the coronavirus, through the distribution of money in the economy by means of a second stimulus check, weekly unemployment benefits, and funding programs like vaccine development and distribution.
Both parties agree on the need for a new relief bill, but various obstacles still exist.
Nancy Pelosi, the Speaker of the House of Representatives said before Election Day tipped in favor of Biden, that “as we prepare for the new administration, we must move quickly for a new coronavirus relief bill. We want the Republicans to return to the negotiating table. ” On Monday the Senate Majority Leader, Mitch McConnellHe said that “the work is not done, the Senate is going to have a very busy few weeks.”
Although Biden has his own COVID-19 relief plan that includes a second stimulus check of up to $ 1,200 per adult, it will be President Donald Trump who will sign a successful package in case Congress is able to put aside deep partisan divisions and reach an agreement before the end of the year.
Related: 6 keys that have delayed the delivery of a second stimulus check.
Pelosi has rejected the idea of a reduced stimulus package that McConnell has supported. Although McConnell has been in favor of another direct payment in the past, his recent efforts have been to try to pass a smaller package that does not include more stimulus checks.
Until now the fate of a second stimulus check is unknown, Extra Weekly Unemployment Benefits for Millions of Americans, and Coronavirus Testing Help.
The fundamental differences lie in the size and scope of the stimulus aid, a proposal that contrasts between both political groups.
Experts have predicted that rising COVID-19 cases, combined with the few remaining stimulus benefits, will weaken the economy and put “millions of Americans” at risk of paying bills for basic services like water. the light and even to not be able to buy food.
With Republicans winning seats in the House of Representatives and the Senate potentially split between the two parties, analysts suggest Pelosi could have trouble pushing a new bill. Some policy experts predict that without full control of Congress, Pelosi would lose political influence.
Added to this is additional pressure, that of passing a new bill to avoid the government shutdown on December 11.
Related: What retirees and seniors need to know about a first and second stimulus check.
Before the election, Trump made his position clear: “We will have a tremendous stimulus package immediately after the election.” But Trump based his commitment on the condition that he win the Republican majority election in the House of Representatives and the Senate.
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