Pelosi abruptly shifts course, restarts economic relief push amid signs economy is straining

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the House passed in May. Pelosi has more recently focused on the need for $2.

2 trillion in aid -- a figure Republicans say is still too high -- but in a meeting with House Democratic leaders Thursday she said the new bill would be around $2.4 trillion, because of urgent needs arising from restaurants and airlines. Details were provided by a person familiar with the meeting, who spoke on condition of anonymity because it was private.“We are still striving for an agreement,” Pelosi said inside the leadership meeting.

, with some threatening to sign onto a Republican-led procedural move to force a vote on a small-business relief bill.Additionally, there are mounting signs that the economy could stall once more after a brief rebound in the summer. Airlines are threatening to lay off thousands of workers after Oct. 1, when payroll protections included in the Cares Act expire.

Powell said small businesses and the unemployed were in need of immediate help. The Fed chairman testified on Capitol Hill for three consecutive days this week, delivering a message that Neal said reinforced to Democrats that more needed to be done to help the economy. On Thursday, the Labor Department reported that 860,000 Americans filed jobless claims the prior week, the 27th straight week that was worse than any single seven-day stretch in at least 40 years.

 

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Pelosi in desperate attempt to get a little momentum as they realize Trump is going to win in a landslide. Law and order, economic policies, loves America! MAGA

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