Posts

Congressional leaders strike a long-awaited stimulus deal

Image
  Top congressional leaders clinched a stimulus deal after months of on-again, off-again negotiations. The agreement is expected to contain $600 stimulus checks and $300 federal weekly unemployment benefits. Votes on the package are expected to take place on Monday. Congressional leaders on Sunday struck a long-awaited deal on a $900 billion federal rescue package, clearing final policy hurdles and paving the way for passage amid an especially dark stretch of the pandemic "The four leaders of the Senate and House finalized an agreement," the Kentucky Republican said, adding the plan would total $900 billion. "It will be another major rescue package for the American people." Negotiations kicked off earlier this week in a series of back-to-back meetings between House Speaker Nancy Pelosi, Senate Minority Leader Chuck Schumer, McConnell, and House Minority Leader Kevin McCarthy. The group signaled it was making steady progress in the last few days. Pelosi and Schumer r...