After the 48 hour deadline was set by Speaker Nancy Pelosi, talks between her and Steven Mnuchin have heated up. They made significant progress on the bill, which gave steam to the rumors of the bill being passed. The goal was to get it done before the election, because of the challenges and time it would take afterwards. No deal has been reached despite the progress, extended unemployment, direct payments are among popular things they agree on. The major hold up is the amount of funds to local and state governments, citing difference in opinions as the blame. However, the progress made motivated the two sides to work past the initial 48 hour deadline, and well into the weekend. There is still a small level of hope of a new deal being passed before the election, stay tuned and stay safe .
direct payments
Direct Payments Soon? Here’s The Latest
Almost There! Direct Payments And More Close To Approval
Talks were becoming progressive, but still stagnant as Democrats deceased their initial proposal from 3.4 Trillion to 2.2. Keys items like the direct payments, increased unemployment benefits both sides agreed on, yet still no deal in sight. Until the news of the President and first lady’s COVID diagnoses, the fire seem to be slowly diminishing. An unfortunate circumstances, but both sides agreed that they will get a deal done at all cost saying “it shows just got brutal the virus is” a White House representative said. Although some found that offensive to the many Americans who have passed on, many are happy to finally be close to receiving aid, after nearly since months since the first. Expect an announcement this coming week in the bill which has already been passed by the House of Representatives.
What’s The Hold Up? Direct payments, Unemployment And More Updates
Many thought the deal was done and stimulus checks would soon be sent out, but the announcement of the direct payments was just that an announcement. Prior to that confirmation, there was no clear cut proof there would be another one. So what is the hold up? With emergency aid running out, the pressure is mounting for a new deal.
Extra Unemployment aid had its last week on the 25th, leaving many Americans much shorter on cash this week when they filed their claims. A one week extension was on the table to hold Americans over in the mean time, but as members of Congress sift through hundred of pages of legislation, that deal was never reached. However, both sides have met long hours over the Weekend to come to an agreement that addresses all issues, although no deal was reached reports show that they are close on the items holding it up. A deal is expected this week, that will extend extra unemployment benefits, give a timeline for stimulus checks and more so stay safe and stay tuned.