After more than a month, stimulus bill negotiations are back on the table. What we know


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The deadlock on Capitol Hill might soon come to an end. Or at least, a beginning of an end. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have agreed to restart formal talks to strike a deal on a new economic relief bill, which is expected to deliver a second round of stimulus checks to millions of Americans.

“I’ve probably spoken to Speaker Pelosi 15 or 20 times in the last few days … and we’ve agreed to continue to have discussions about the CARES Act,” Mnuchin said Thursday.

Pelosi has reportedly tasked her committee heads to draft new legislation for a narrower bill than the Heroes Act proposed in May, according to The Washington Post and The Hill. The new House bill could reportedly be ready for a vote by Oct. 2, the Hill reported, citing Rep. Richard Neal, chairman of the Ways and Means Committee.

The deadline will still be tight in the run-up to the Nov. 3 election. And given the previous bipartisan sticking points, how much time is there to agree on a new bill? Given this new information, we’ve pulled some dates and identified at least five possible scenarios that could yet play out for the next stimulus package. Here are the six most important things to know about stimulus checks. This story is updated often.

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With talks renewed, a package could still squeak by before Nov. 3

Time is running out for both sides of the aisle to agree on another stimulus package before election day. The last day a new bill could pass is still up in the air, since the schedules to break after this current session can be extended by the leaders of the Senate and House of Representatives, respectively…Read more>>

Source:-cnet 

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