Senate could push through ‘Phase 3’ coronavirus rescue plan this week

Steven Mnuchin will meet with Republican senators to discuss the plan Tuesday.

Even before Congress has finished work on a second stimulus bill to deal with the coronavirus crisis, senators from both parties and the White House are already talking about a third package, which will come with a price tag that runs into the hundreds of billions of dollars.

And few people, from President Donald Trump on down, are complaining about the cost — knowing the country faces a potentially unprecedented economic hit from the pandemic.

But perhaps the most shocking fact is that the normally slow-moving Senate could pass the “Phase 3” bill this week, according to several GOP senators. Continue reading.