WASHINGTON - House Democrats released a scaled back US$2.2 trillion proposal to extend support to the US economy in face of the continuing damage from the coronavirus pandemic.
While the details of the legislative text adds clarity to the talks, the top-line spending level is no closer to that so far supported by Republicans. Ms Pelosi said earlier Monday that the White House will have to agree to"much more" spending for a fresh round of stimulus if there is any hope of striking a deal before the election.A key source of division has been Democrats' push for large-scale aid to state and local authorities.
The Bill continues the Heroes Act's aims of bolstering housing assistance, with tens of billions of dollars to assist renters and homeowners make monthly rent, mortgage and utility payments.