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McConnell Sets Stimulus Votes in Senate Beginning Tuesday

Yahoo Finance

(Bloomberg) — The Senate will vote on Republican proposals for a roughly $500 billion economic recovery bill and additional funding to aid small businesses starting Tuesday, Majority Leader Mitch McConnell said.The votes, essentially one-chamber messaging, will underscore the continued deep differences after months of talks on another stimulus bill that have failed to bridge gaps between President Donald Trump’s administration, House Democrats, and Senate Republicans.McConnell, who previously said the Senate would take action during the week of Oct. 19, spelled out schedule details on Saturday. A standalone vote on more funds for the Paycheck Protection Program will be held on Tuesday, followed by the main relief bill on Wednesday, he said in a statement.“Republicans have tried numerous times to secure bipartisan agreement where possible and get aid out the door while these endless talks continue,” said McConnell, blaming House Speaker Nancy Pelosi for the aid impasse. “Next week, Senate Republicans will move to break this logjam.”McConnell has raised his own objection to any deal — the amount. Trump said Thursday he was prepared to go above the $1.8 trillion his team had been trying to offer to Pelosi, who favors a $2.2 trillion plan.“He’s talking about a much larger amount than I can sell to my members,” McConnell said Thursday of Trump’s latest position.Pelosi and Treasury Secretary Steven Mnuchin were expected to hold more talks on stimulus efforts on Saturday evening.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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Christine founded Sports Grind Entertainment with an aim to bring relevant and unaltered Sports news to the general public with a specific view point for each story catered by the team. She is a proficient journalist who holds a reputable portfolio with proficiency in content analysis and research.

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Christine Watkins

Christine founded Sports Grind Entertainment with an aim to bring relevant and unaltered Sports news to the general public with a specific view point for each story catered by the team. She is a proficient journalist who holds a reputable portfolio with proficiency in content analysis and research.

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