Biden laying out stimulus priorities, but GOP may not support more aid - Business Insider

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Joe Biden laid out 4 priorities for another stimulus package once he takes office. But he's up against Republicans who don't want more relief spending.

President-elect Joe Biden speaks about the Electoral College vote certification process at The Queen theater on December 14, 2020 in Wilmington, Delaware.President-elect Joe Biden is starting to lay out a blueprint for another pandemic aid package.

Yet President-elect Joe Biden is betting he can break through the gridlock and usher in a new era of compromise. "The things that are left to deal with from people needing unemployment insurance to the ability to have access for healthcare, getting people treatment for free — all of that is something the public is not going to stand for us not doing," he said.Aid to state and local governmentsBiden also took the opportunity to credit Sen.

But the drive to secure another aid package is all but guaranteed to collide with Senate Republicans, who may not be inclined to back a large round of emergency spending. Senate Majority Leader Mitch McConnell, though, acknowledged last week more negotiations could take place with the incoming Biden White House.

Some Republicans like Sen. Ted Cruz of Texas and Sen. Rick Scott of Florida have stepped up their calls to rein in the swelling budget deficit in recent months. "We've done a lot. But there is a lot more to do," Ernie Tedeschi, a policy economist at Evercore ISI,"The new bill helps. But we are far from out of the woods yet and there are still risks and pitfalls."

 

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Many Americans don't trust the Dems after seeing what's in the current StimulusBill porkulus

27 trillion is nothing. Keep spending away!🤦‍♂️

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