(NewsReady.com) – Negotiations of the HEROES Act are tense as House Democrats and Senate Republicans struggle to see eye-to-eye. There’s some talk that the GOP and President Trump are preparing to shoot down the new stimulus bill, but there’s no official word yet. Now, the US Chamber of Commerce, a large lobbying group, says it expects negotiations to be completed before July 4.
Repubs concede that while they may not yet know how expansive the bill would be or what proposals to include, an economy emerging from a slumber will require some sort of boost
They're eyeing the end of June (before July 4 recess) for another stimulushttps://t.co/OCBhwRdbpQ
— Ramsey Touchberry (@ramsberry1) May 21, 2020
That’s well over a month away, but it may not be enough. The $484 billion interim stimulus bill took about two weeks to finally pass, and that was intended to be a bridge between the $2 trillion CARES and $3 trillion HEROES Acts. With House Speaker Nancy Pelosi (D-CA) and Senate Majority Leader Mitch McConnell (R-KY) drawing lines in the sand over what needs to be in the bill, the stakes are high.
Although the two political parties disagree on much, they do agree on one thing: the economy needs to recover. The dispute is on how best to do that, especially with the Left trying to force citizens to pay for illegals and adding other crazy demands. Hopefully, Pelosi and her party will put Americans first so the aid can move forward before Congress recesses on Independence Day.
~Daily News for Busy People!
Copyright 2020, NewsReady.com