Biden said “help is on the way” and called on Congress to pass a “robust” COVID-19 relief package while unveiling his administration’s economic team.
Could coronavirus relief pass without a second stimulus check?
For months, lawmakers have been negotiating the terms of a new coronavirus relief bill that would be a follow-up to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). Unfortunately, compromise has proved elusive. In fact, it had started to seem as if the most likely outcome was no further stimulus, at least until after the inauguration of President-elect Joe Biden.
Earlier this week, however, a bipartisan group of lawmakers introduced a $908 billion proposal. The proposal includes enhanced federal unemployment benefits of $300 per week; $160 billion in financial aid to state and local governments; $288 billion to renew the