WASHINGTON – Negotiations on a new Coronavirus stimulus package are set to continue today between lawmakers and White House officials.
Congressional leaders are expected to meet with Trump Administration officials to resume discussions, although swift bipartisan agreement seems unlikely.
Senate Majority Leader Chuck Schumer says even through significant divisions remain between Democrats and Republicans; he is hopeful lawmakers can work together to pass four key points of the package.
The Senator is calling to renew the extension of the $600 federal enhanced unemployment program and provide additional funding to protect renters, homeowners, local government and schools.
“These things do cost dollars and people say, ‘well, what about the expense, the dollars, the deficit,’ unfortunately we only have two choices: we can underfund what’s needed, and it will cost us more in the long run because COVID will still stay with us, and as long COVID stays with us the economy will not recover, or, we can spend the adequate robust dollars now and end this crisis,” said Schumer on Sunday.
Treasury Secretary Steven Mnuchi argued the White House proposed a one-week, 600-dollar unemployment benefit extension as negotiations continued, but he said democrats rebuffed that offer. The benefits previously expired on Friday.