Chances for a U.S. COVID-19 relief package passing Congress before the November 3rd election are fading fast as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to negotiate over the details of a nearly $2 trillion aid package.
This week, the Senate will vote on Republican proposals for a roughly $500 billion COVID-19 relief bill and additional funding to aid small businesses. A standalone vote on more funds for the Paycheck Protection Program will be held tomorrow
As of today, there is still no agreement over a next round of COVID-19 relief funding. House Speaker Pelosi and Treasury Secretary Mnuchin continue to talk as they attempt to bridge the gap between the Democrat’s $2.2 trillion proposal a
Speaking at a press conference this morning, House Speaker Pelosi said she told Treasury Secretary Steven Mnuchin that they will not do the stand-alone bill on airlines without a guarantee that other stimulus items are going to be addressed.
COVID-19 relief negotiations remain stalled after the House yesterday passed a Democrat-only $2.2 trillion package that did nothing to bridge the gap with Republicans. The vote, which garnered no GOP support, followed the most concerted talk