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New Stimulus Package May Be Introduced Next Week


The new stimulus package may be introduced next week and could look like this.

Here’s what you need to know.

New Stimulus

Senate Majority Leader Mitch McConnell (R-KY) is expected to present draft stimulus legislation next week when Congress returns from recess. Senate Republicans, with input from the White House, drafted the stimulus proposal. Since Republicans control only 53 seats in the U.S. Senate, McConnell will need bipartisan support for his stimulus proposal. Given this bipartisan construct, the new stimulus is likely to contain “wish list” items from both Republicans and Democrats, particularly on issues of mutual importance ...


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