House Passes $3 Trillion Stimulus Bill
The House passed a $3 trillion Democratic economic stimulus bill on Friday that Senate leadership and President Trump have already rejected, making it less likely to trigger bipartisan negotiations in the immediate future. The measure, passed 208-199, would give cash-strapped states and local governments more than $1 trillion while providing most Americans with a new round of $1,200 checks. House Speaker Nancy Pelosi said it should be the basis of talks with the GOP-controlled Senate and White House, which have called for a “pause” to allow earlier coronavirus recovery spending to work.
President Trump and Republican congressional leaders have acknowledged that some sort of further economic stimulus will likely be necessary as the economy continues to shed jobs. The number of people filing for unemployment benefits since March now exceeds 36 million. “Phase four is going to happen but it’s […]