Politics

McConnell Aims to Push Through Smaller Stimulus Prior to End of Year

While Senators Race on Capitol Hill to Put Together Stimulus, Biden Announces Economic Team

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Despite COVID-19 cases reaching record levels all over the country, deals in Congress to reach a second stimulus deal are moving at a snail’s pace. Even though both parties are verbally expressing support for economic stimulus, there has been no consensus about what elements need to be included and how much should be allocated. However, a bit of movement in discussions on both sides of the aisle is offering a glimmer of hope that Congress may push through a smaller package by the end of the year.

New Bill Being Pushed by McConnell: Senate Majority Leader Mitch McConnell is trying to generate support for a last-minute deal before Congress adjourns for the year. McConnell has been leading discussions with House Minority Leader Kevin McCarthy, Treasury Secretary Steven Mnuchin, and White House chief of staff Mark Meadows trying to determine what Congress may have a chance to get on President Donald Trump’s desk.

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