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Home / Tips and Tricks / House introduces new stimulus package while Pelosi and Mnuchin resume their conversations

House introduces new stimulus package while Pelosi and Mnuchin resume their conversations



“Because families, businesses and local communities are really being affected by the effects of this health and economic crisis, it is irresponsible for Congress to go home without taking action,” said Josh Gottheimer, Democrat of New Jersey representative. “Right now there is tremendous support from both sides of the aisle to finally get a new aid package across the finish line and I hope the laws announced today can help the House and Senate come to a new agreement and that the President can legally sign them as soon as possible. “

After Ms. Pelosi and Mr. Mnuchin negotiated an agreement earlier last week to avoid a government shutdown at the start of the new fiscal year on Thursday, they agreed to resume talks on a more comprehensive aid package.

“I think we can find our common ground and we’ll be ready when he comes back,” Ms. Pelosi said on MSNBC early Monday before calling Mr. Mnuchin. “We’re ready for this interview, but he’ll have to come back with a lot more money to do the job. So I am hopeful. I am optimistic. “

Mr. Mnuchin, along with Federal Reserve Chairman Jerome H. Powell, has repeatedly urged Congress to provide more economic aid, with programs and funding approved in March under the US $ 2.2 trillion stimulus bill continue to expire. But some Senate Republicans and some White House officials have warned against adding another sweeping package to the nation’s debt, even as many economists have warned the need to ensure a swift recovery from the economic fallout from the pandemic.

“If Democrats are ready to sit down, I am ready to sit down for bipartisan Senate legislation anytime,” Mnuchin told the Senate Banking Committee this month. “Let’s hand something over quickly.”

The laws tabled on Monday would also postpone deadlines for collecting census data and submitting data to Congress for redistribution, which the White House has tried to push forward and opposed to including it in the Emergency Funding Act. It would allocate $ 75 billion to coronavirus testing and tracking, fund rental assistance, require a federal standard for protecting workers from the coronavirus, and revitalizing an expired popular small business program.


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