Topics: economic stimulus package

House Passes COVID-19 Relief Plan

The House of Representatives late Friday night approved 219-212 a budget reconciliation bill reflecting President Biden's $1.9 trillion COVID relief plan, sending the bill to the Senate for consideration. The legislation would provide direct payments, a child tax credit expansion in the form of direct payments, extended unemployment benefits, COBRA subsidies and ACA tax credit enhancements, state & local funding, among other provisions. More

Congress Passes Key Step to Allow Democrats to Pass COVID Relief

A COVID relief bill is set to move through Congress over the next month or so, possibly with only the support of Democrats. The Senate on Feb. 5 approved the FY2021 budget resolution after an overnight session, unlocking the "budget reconciliation" process for President Biden's $1.9 trillion stimulus plan. The House passed the Senate version and plans to begin writing the reconciliation legislation in the coming weeks, subject to some constraints under reconciliation. Democrats hope to have the legislation enacted before the mid-March expiration of pandemic unemployment programs. More

Congress Continues to Negotiate COVID Relief, Spending Bill

This will be one of the most consequential weeks of the year for Congress. Government funding expires on December 18 following a one-week extension, so lawmakers are working toward a deal to fund the government for either the rest of the fiscal year (which ends in September) or until sometime in the first quarter of 2021. More

COVID Relief Talks: Where Negotiations Stand

Lawmakers had paused negotiations on a COVID relief / stimulus bill until after the election, and Senate Majority Leader McConnell (R-KY) is now set to take a more active role in the talks. There is general agreement that something could pass between now and March, though the disagreements that plagued previous efforts persist. If the virus continues spiraling, it increases the odds of a stimulus bill in the near-term. More

President Halts Stimulus Talks

President Trump announced on Twitter Oct. 6 that he is ending negotiations with congressional Democrats over a new economic aid package to respond to the Coronavirus until after Election Day. More

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