With COVID-19 cases and weekly unemployment numbers growing, many individuals and families will face increasing pressure through the end of 2020 to make ends meet. And without Congress renewingthis year that provide and , the incoming president, Joe Biden, will face a growing economic crisis as .
But despite calls from both Democratic and Republican leaders for more federal economic assistance, with just a handful of weeks left till 2021, lawmakers continue to spend more time talking about the need for additional aid than sitting down and.
“We are asking [Senate Majority Leader Mitch McConnell] to come back to the table,” House Speaker Nancy Pelosi said Nov. 20, “to meet the needs of the American people.” In addition to, the next bill could renew federal programs designed to support individuals and small businesses.
Biden last week, which would include $2.2 trillion in aid to individuals, businesses and state and local government. But behind the scenes, the president-elect and his transition team may be open to a smaller package if that’s what it takes to .
Here’s what’s keeping the two sides from finding middle ground and coming to an agreement. We update this story frequently…Read more>>