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Old 12-02-2020, 05:21 PM   #494
Edward64
Head Coach
 
Join Date: Oct 2005
Looks like Pelosi is caving in (don't think she had a choice) in agreeing to start from the much lower $900M framework.

This is good for many who need a second stimulus. Try to get the other stuff after Biden takes office and results of the 2 GA Senate races.

https://www.marketwatch.com/story/se...?mod=home-page
Quote:
The endorsement, announced in a joint statement by House Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer, could get stalled talks unstuck as the leaders say they want to be able to send lawmakers home by the end of next week for the end of year holidays.

“While we made a new offer to Leader McConnell and Leader McCarthy on Monday, in the spirit of compromise we believe the bipartisan framework introduced by Senators yesterday should be used as the basis for immediate bipartisan, bicameral negotiations,” the pair wrote.

“Of course, we and others will offer improvements, but the need to act is immediate and we believe that with good-faith negotiations we could come to an agreement.”

Prior to the election, Democrats insisted on a $2.2 trillion package, a size Senate Majority Leader Mitch McConnell said was well beyond what was needed. A group of lawmakers from both parties in the House and Senate unveiled a package Monday they said totaled a bit more than $900 billion. McConnell proposed a smaller package that he said could be signed into law by President Donald Trump.

A request for comment for comment to McConnell’s office on the statement was not immediately returned.
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