House Democrats approved the $900 billion stimulus agreement, sending it to a vote in the Senate.
The $900 billion package is just under half of the spending level that Democrats wanted before the election, and they say will press for more federal aid once Biden takes office.House Democrats passed the long-awaited $900 billion stimulus plan, sending it to the Republican-controlled Senate for a vote on Monday evening.Speaker Nancy Pelosi said on Monday morning that while she supported the package, she wanted additional aid spending once President-elect Joe Biden takes office in January.
Passage in the House sends it to the Senate, where Senate Majority Leader Mitch McConnell is expected to put it on the Senate floor for a vote. Congressional leaders are operating on a swift timetable, seeking to merge the relief package with a $1.4 trillion government funding bill and pass them before midnight Monday, the new deadline for federal funding to lapse.
The package also contains $284 billion in small business aid and $45 billion in federal funds for transportation.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House expected to vote Monday on $900 billion stimulus deal - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. wow The $600 is such a f*ck you to struggling Americans. It’s honestly insulting. This entire “relief” package is a joke. You think this pandemic was bad? Wait till the next one. Ain’t nobody “staying inside” with this bullshit stimulus
Source: BusinessInsider - 🏆 729. / 51 Read more »