(FinancialHealth) – Americans have been waiting anxiously for an update on the next economic stimulus package. The March 2020 CARES Act brought some relief, but much of that ran out or expired as early as July. The pandemic rages on and the public is looking towards Congress for another round of relief.
Senate Majority Mitch McConnell (R-KY) is ready to push another bill through, providing much needed aid. His Democratic counterparts, including Chuck Schumer and Nancy Pelosi, want to start with another $2.2 – $3 trillion budget. Republicans are hoping to start at a number closer to $500 billion in an effort to preserve long-term abilities for funding.
Our friends at WatchDog Report took a look at the current battle and why officials are butting head. Check out the full article here.
What do you think? Should Congress pass a larger bill or continue to fight for a smaller spending budget? Contact us and let us know what you think!
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