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Stimulus Package Expected Before Christmas

&NewLine;<p>Lawmakers are not leaving Capitol Hill for the holidays without passing another stimulus package&comma; vows House Speaker Nancy Pelosi &lpar;D-CA&rpar;&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Last week&comma; Senate Majority Leader Mitch McConnell &lpar;R-KY&rpar; rejected a bipartisan proposal that included &dollar;240 billion for state and local governments&period; It also included a 4-month extension to the &dollar;300-per-week unemployment benefit <a href&equals;"https&colon;&sol;&sol;punchingbagpost&period;com&sol;2020&sol;12&sol;03&sol;lawmakers-reject-another-stimulus-package&sol;">&lpar;read more here&rpar;&period; <&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;We just don’t have time to waste time&comma;” said McConnell&period; He is crafting his own relief package with help from Treasury Secretary Steven Mnuchin&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;The way you get a result is you have to have a presidential signature&comma; so I felt the first thing we needed to do is to find out what the president would&comma; in fact&comma; sign&comma; vetting that on our side&comma; and then we’ll let you know later whether we think there’s any way forward&comma;” added McConnell&period; &OpenCurlyDoubleQuote;I think the one thing we all agree on is we don’t have time for messaging games&comma; we don&&num;8217&semi;t have time for lengthy negotiations&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>McConnell and Pelosi both agree that the next stimulus package should be part of the year-end spending bill lawmakers must pass by December 11th to avoid a government shutdown&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;We’ll take the time we need and we must get it done…We cannot leave without it&comma;” said Pelosi&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Last week&comma; Pelosi and Senate Minority Leader Chuck Schumer &lpar;D-NY&rpar; agreed to lower their demands for funding based on Joe Biden’s victory and the progression of two COVID-19 vaccines&period; <em>Biden has already promised to secure more emergency funding as soon as he is elected&period;&nbsp&semi;<&sol;em><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The latest bipartisan proposal put forth is worth &dollar;908 billion &&num;8211&semi; much less than the &dollar;2&period;2 trillion HEROES Act passed by House Democrats in October&comma; but far more than McConnell’s &dollar;519 billion plan&period; <em>Pelosi and Schumer have submitted a separate proposal&comma; but the<&sol;em>y <em>have not yet released the details&period; <&sol;em><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In the meantime&comma; lawmakers are faced with ongoing partisan disagreements and an ever-shrinking timeframe&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;Right now&comma; the full Congress should come together and pass a robust package for relief to address these urgent needs&comma;” says Biden&comma; but any package passed in a lame-duck session is likely to be&comma; at best&comma; just a start&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Sources&colon;&nbsp&semi;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;thehill&period;com&sol;homenews&sol;house&sol;528764-pelosi-bullish-on-covid-relief-we-cannot-leave-without-it">Pelosi bullish on COVID-19 relief&colon; &OpenCurlyQuote;We cannot leave without it’<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;pittsburgh&period;cbslocal&period;com&sol;2020&sol;12&sol;02&sol;stimulus-package-update-lawmakers-bipartisan-covid-relief-plan&sol;">Stimulus Package Update&colon; Lawmakers Announce Bipartisan Coronavirus Relief Plan<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;usnews&period;com&sol;news&sol;politics&sol;articles&sol;2020-12-01&sol;coronavirus-relief-package-sees-new-life-in-congress">Coronavirus Relief Package Sees New Life in Congress<&sol;a><&sol;p>&NewLine;

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