“Congressional leaders and the White House are converging on the need for a new package of assistance to try and contain the coronavirus pandemic’s economic devastation, fearful that a $2 trillion bailout law enacted last month will only have a limited effect,” the Washington Post reports.
“House Democrats are eyeing a package of spending increases that would ‘easily’ cost more than $1 trillion, Speaker Nancy Pelosi (D-Calif.) told lawmakers Monday… Democrats are looking to add two additional months of unemployment assistance and another two months of small business assistance, among other things.”
“Trump has signaled support for some of the ideas Democrats back, such as expanded assistance to small business owners and new bailout checks for households. Republican leaders, meanwhile, have also called for more corporate aid and money to boost the overwhelmed health care system.”
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