House Reveals New Stimulus Package as Pelosi and Mnuchin Resume Talks

Representative Josh Gottheimer, a Democrat representative from New Jersey, said, “With families, businesses and local communities, really hurt by the effects of this health and economic crisis, it’s impossible for Congress to go home without taking action.” “Right now, there is a huge amount of support from both sides of the aisle to get a new relief package in the last row, and I hope the legislation being announced today can help the House and Senate get into it.” The agreement and the chairman can sign into law as soon as possible. “

After negotiating an agreement early last week to avoid a government shutdown when the new fiscal year begins on Thursday, Ms. Pelosi and Mr. Mnuchin agreed to resume negotiations around the broader relief package .

“We think we can find our common ground, and we are ready when he comes back,” Ms. Penossi said Monday on MSNBC before calling with Mr. Mnuchin. “We are ready for that conversation, but he will have to come back with too much money to get the job done.” Therefore, I am hopeful. I’m optimistic.”

President of the Federal Reserve, Jerome H. Along with Powell, Mr. Mnuchin has urged Congress to provide more funding to end programs and funding approved in the $ 2.2 trillion stimulus law in March. But some Senate Republicans and some White House officials have warned against linking the nation’s debt with a more comprehensive package, even warning many economists to ensure a swift recovery from the economic toll of the epidemic Is required to do.

“If the Democrats are ready to sit, I am ready to sit in the Senate for bipartisan legislation at any time,” Mr. Mnuchin said in testimony before the Senate Banking Committee this month. “Let’s pass something quickly.”

The law, unveiled on Monday, will also delay the deadline for the collection of census data and the submission of redistribution data to Congress, which the White House has tried to push forward and oppose if it was included in the stopgap funding bill. It would provide $ 75 billion for coronavirus testing and tracing, offer funding for rental assistance, require a federal standard for worker protection against coronaviruses and revive a lapsed popular program for small businesses.

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