Stimulus negotiations continue to drag on as lawmakers approach a critical deadline.Schumer said an agreement was near, but some hangups remain in the finer details including a pot of federal money for states along with the size of Federal Reserve lending programs.Republicans and Democrats are rushing to finalize a roughly $900 billion emergency government relief package.
"None of the remaining hurdles cannot be overcome. Everyone is committed to achieving a result," he said. "And we will not leave until we get the job done." But lawmakers face a midnight deadline on Friday to pass a short-term spending bill to keep many federal agencies funded or major parts of the government will start shutting down.
Sen. John Thune of South Dakota, the second-ranked Republican in the chamber, said he hoped a continuing resolution would not stretch on beyond "24 or 48 hours." that Republicans were seeking to curb the emergency lending powers of the Federal Reserve, which manages many economic relief programs alongside the Treasury Department. Democrats argue the move would stymie the ability of President-elect Joe Biden to pull the economy out of the pandemic downturn.
Just do it!!!!!
So much for deadlines.
He Full Of It.
Surprise, no stimulus deal today. The striptease continues. 🤷🏽♂️
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