The leaders of both the houses are struggling hard to decide a perfect stimulus package bill.
Treasury Secretary Steve Mnuchin claimed that a bipartisan agreement on Stimulus Bill is possible.
However, a lot of things need to be done, for making the new stimulus will happen.
Congress has taken several steps to build a perfect stimulus bill. In thought over funding the people who are in need.
The senators will be finally back after a long recess.
Amidst the coronavirus pandemic, the main reason why the stimulus bill is required is still constant. The Covid-19 has spelt a cast over the whole our economy.
Nearly 40% of the US population is still unemployed or lost their jobs in between this Pandemic.
What Happens Next?
Let us see what happens next.
On Tuesday, Mnuchin said, “We will continue to work with the Senate and House on a bipartisan basis for a phase four relief package, I believe a bipartisan agreement still should be reached.”
However, funding for schools, vaccines and childcare is probably to take place.
However, Pelosi wants a cut of stimulus bill from $2.4 trillion to $2.2 trillion. This was recorded during a call between Pelosi and staff Mark Meadows, White House chief.
Moreover, according to the Republicans, they want $1 trillion to be the high limit.