Mitch McConnell announces votes Tuesday and Wednesday on GOP stimulus measures
It isn’t identified what number of Democrats may assist it, however it’s unlikely that the Senate Republican majority will get the required assist to advance the invoice.
McConnell had introduced on Tuesday that Senate Republicans would try to maneuver ahead on a “focused” coronavirus aid invoice when the Senate returns to session.
“Republicans don’t agree that nothing is best than one thing for working households,” he mentioned in a press release referencing the small enterprise mortgage Paycheck Safety Program. “The American folks want Democrats to cease blocking bipartisan funding and allow us to replenish the PPP earlier than extra Individuals lose their jobs needlessly.”
The motion on Capitol Hill is simply the most recent in months of forwards and backwards between the 2 events and the Trump administration — with the partisan majorities in each chambers passing or trying to move their very own most well-liked laws, solely to have it rejected out of hand by the other facet.
The Trump administration has made a number of makes an attempt to barter with Home Democrats, however a breakthrough has remained far out of attain all through the course of the summer season.
The strain to strike a deal has change into more and more pressing with unemployment ranges elevated, an epidemic of small enterprise closures, and the tip of the direct funds and enhanced unemployment insurance coverage that helped float households and people all through the pandemic-created financial shutdowns.
The pending end result, in line with economists, may very well be devastating if Congress and the Trump administration don’t attain an settlement.
Pelosi and Mnuchin did make tangible progress of their talks Thursday. Mnuchin agreed to just accept “with minor edits” the Democratic language on a nationwide strategic testing, tracing and surveillance proposal, in line with Pelosi’s spokesman Drew Hammill.
However Pelosi made clear to colleagues in a letter that a number of very vital coverage disputes are nowhere close to resolved.
CORRECTION: This story has been up to date to appropriately identify the Paycheck Safety Program.
CNN’s Manu Raju and Phil Mattingly contributed to this report.