Tag: economic stimulus package

Stimulus plan hinges on McConnell, Schumer repairing toxic relationship

The Hill logoThe next stimulus deal will require extensive negotiations between Senate Majority Leader Mitch McConnell (R-Ky.) and Minority Leader Charles Schumer (D-N.Y.) — two lawmakers who don’t have much of a working relationship.

GOP leaders are zeroing in on a massive economic stimulus package that’s agreeable to Senate Republicans as a whole, but talks with Democrats are just getting started. That means work on the bill will spill over into next week.

Schumer said on MSNBC Thursday that he expected to begin meeting with McConnell later in the day. Continue reading.

GOP divided on next steps for massive stimulus package

The Hill logoSenate Republicans are divided over how to structure a massive stimulus package that could wind up costing nearly $1 trillion, likely slowing down how long it will take to get the relief bill to President Trump’s desk.

Senate Majority Leader Mitch McConnell (R-Ky.) pledged Tuesday that the Senate will not leave town until it passes the bill, but doing so will be a huge undertaking.

Republicans disagree over fundamental questions such as whether to make direct payments to Americans who miss paychecks because of the crisis or to all adults in a bid to boost the economy more generally. Continue reading.