When the Senate returns next week, the first order of business will be a stimulus package. In all the turbulence surrounding the election, this statement by Senate Leader Mitch McConnell was lost. A few weeks earlier he said stimulus would have to wait until next year, so this is a positive development.
McConnell, the ultimate dealmaker, has not been at the table as the Speaker of the House Nancy Pelosi and Secretary of Treasury Steven Mnuchin talked. And having him at the table would go far in bringing a deal up for a vote. Needless to say, the Speaker needs to agree to the deal, and the President will need to be engaged to sign the bill.
McConnell has supported enhanced unemployment insurance, individual stimulus checks, renewal and replenishment of the small business PPP program, and this week indicated that he would consider some money for state and local governments. As long as Speaker Pelosi doesn’t insist on $2T, a deal in the next few weeks is possible.
Election, Election, Election
PresidentWhile former Vice President Joe Biden appears to be close to reaching the magic number of 270 Electoral Votes, there is clearly going to be weeks of litigation by Team Trump. The President has been clear of his viewpoint that the election was riddled with...