Teetering economy sparks talk of second stimulus package

The Senate returns to work Monday to take up the House-passed coronavirus relief package, but senators are already starting discussions about a second round of economic stimulus.

Lawmakers and aides expect an additional legislative package would include broader economic measures such as a tax rebate, a payroll tax cut, small-business grants and loans, expanded unemployment insurance and relief for the airlines and other hard-hit industries.

Senate Majority Leader Mitch McConnell (R-Ky.) on Sunday said he had spoken to several GOP committee chairmen “about the next steps,” such as helping Americans with financial challenges, efforts to shore up the economy and small business and bolstering the health care system. Continue reading.