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Home / Tips and Tricks / Stimulus package deal in the middle of the week? Update on negotiations including a second check

Stimulus package deal in the middle of the week? Update on negotiations including a second check



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The clock is ticking for Congress to reach an agreement before breaking the election.

Sarah Tew / CNET

The White House and the Democratic negotiators already had time to complete a deal another financial relief package before Election day even before President Donald Trump was in hospital with COVID-19. However, there may be agreement on the outlines of a new stimulus package as soon as mid-week, The Washington Post reported.

The implementation of a two-party stimulus bill has received greater calls from the president. “Our great United States wants & needs stimulus,” Trump’s account tweeted Saturday. “Work together and get it done. Thank you!”

House Speaker Pelosi and Finance Minister Steven Mnuchin continue to negotiate, but the GOP-controlled Senate must approve a bill before it can be signed into law.

“We are making progress,” Pelosi said on Sunday on Face The Nation. “It just depends on whether they understand what we need to do to crush the virus.” This new stimulus package that is being discussed is different proposal adopted by the House of Representatives on October 1st.

Senate Majority Leader Mitch McConnell has suspended his House until Oct. 19 after three Republican senators tested positive for COVID-19. However, since the votes on the floor in the Senate are kept in person, he said he would remember the senators to vote on a stimulus package if needed and give them 24 hours to return to the capital.

In light of Trump’s hospital stay, we have outlined some possible outcomes of these negotiations. We update this story regularly.

Read more: most important things to know about stimulus controls and how taxes and stimulus checks are like two peas in a ski.






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What effect does Trump’s hospital stay have on stimulus bill negotiations?

At the moment, it is uncertain, except for Trump’s Saturday tweet, which underlines his desire to sign a new stimulus package in law. Trump can be released as soon as Monday, his medical team said on Sunday.

Although she remained cautious on Sunday, Pelosi has highlighted how Trump’s COVID diagnosis and treatment could change the dynamics of a new coronavirus package.

“Maybe it’s going to be the moment where people will say, ‘OK, masks, sanitation, treatment,'” Pelosi said Friday morning before the president was hospitalized. “It can be a learning experience.” Pelosi and Mnuchin have both tested negative for COVID-19.

Before Trump’s hospital stay, Senate Majority Leader Mitch McConnell seemed cautiously optimistic. Both sides work towards the middle. “I think we are closer to a result,” he said on October 2.

Pelosi concluded last week with a letter to House Democrats describing the remaining areas of disagreement.

When is the fastest time a new coronavirus helper can pass now?

With the House scheduled to break up after its October 2 session and the Senate is now pending, negotiators have time to reach an agreement on another stimulus package before election day. If the negotiations continue, it is the last day that a new bill goes into the air, as schedules for breaking can be extended by the leaders of the Senate and the House of Representatives.

If both sides reach an agreement, it could take a week or more before a vote is taken, Politico said.

Possible timelines for when a stimulus bill can pass

The voices of the house

The Senate votes

The President signs

October 16

October 19 (when the Senate is back in session)

October 20

October 23

October 26

October 27

October 30

31 October

November 2

November 6

November 9

November 10

As we approach November 3, the time will be short for Congress to agree on a bill and then for Trump to sign it for checks to arrive before election day.

Didn’t the house just give a new bill? What happens there?

On October 1, the House of Representatives approved a revised Hero Act that includes a second stimulus control and additional benefits that improved unemployment benefits for tens of millions of Americans.

The new party house proposal has little chance of advancing through the Republican-controlled Senate.

According to Pelosi, the vote on the revised hero proposal is independent of ongoing negotiations with Mnuchin. If Pelosi and Mnuchin agree on a new proposal, a new bill would need to be drafted separately and voted on in both the House and the Senate before it is signed into law. The total cost of the package and funding allocations as a tax credit for children have been the main sticking points.

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Will America approve a new stimulus bill? Both sides agree that more help is needed.

Angela Lang / CNET

Why did the House vote on Heroes 2.0 if talks are ongoing?

The partisan vote is believed to provide coverage for House Democrats when they run campaigns without a new relief law, much like the Senate did earlier this month for Republican members with their meager $ 650 billion bill. Like the meager Senate bill, this new House proposal has little chance of advancing in the second chamber.

What do Democrats and Republicans agree on?

Suggestions from both sides include another incentive payment of up to $ 1200 for individuals which meets the requirements, among topics such as airline assistance, coronavirus testing, and the extension of the Enterprise Paycheck Protection Program.

If the negotiations fail, could the president seek executive action?

After the talks originally collapsed on August 7, Trump signed one executive order and three memoranda the next day. It is possible that more executive action could come if this final attempt at negotiation fails before the election, but there has been no development since Trump first suggested that his administration consider another executive measure to circumvent Congress.

With his medical condition still under review, it is unclear whether Trump would continue unilaterally at this time.

Trump’s current COVID-19 liberation work is about slows down evictions, extension unemployment benefits to a lesser extent and defer payroll taxes until next year.

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Democrats and Republicans have not agreed on how much aid should be included in the stimulus package.

Sarah Tew / CNET

Could the calls be resumed after the election result is in?

Yes. If the current sprint of talks dead end, leaders may want to see what happens in the period after choice on November 3 and before the inauguration on January 20, 2021. Pelosi and Congress Democrats may also believe that they can reach a more favorable deal in 2021, depending on the election result.

With 470 seats in the U.S. Congress – 35 Senate seats and all 435 seats – up for a vote in November, any majority change to the House or Senate and to the Presidency shifts the likelihood of certain laws being passed one way or another.

How about sending narrow, stand-alone bills instead?

If both sides reach an agreement but the Senate rejects the new bill, some in Washington say the way to break the deadlock is to send a series of even narrower bills aimed at specific areas – such as the entertainment and aerospace industries – but it is unlikely that it happens before the election.

The Senate Republicans made an attempt with their delivery immediate relief to America’s families, schools and small business law, but that proposal failed in the Senate. The house also presented a piecemeal bill that tried to provide funding to the US Postal Service before one choice where many Americans, who are wary of voting in person during a pandemic, are likely to be vote by mail.

What happens now?

At present, there is nothing to do but wait and see how Trump’s recovery progresses and how the ongoing negotiating efforts play out.

For more information, here is how soon you can get your second stimulus check and what to know about HEALS, CARES and Heroes stimulus proposals that can help inform a final package.




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