Pelosi, McConnell Offer New Stimulus Plans as Rebound Slows
- Full price tags not yet known; Biden urges swift action
- Bipartisan group separately offers $908 billion compromise
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Congressional efforts to pass additional coronavirus relief crept ahead Tuesday as House Speaker Nancy Pelosi presented a fresh Democratic proposal and Senate Majority Leader Mitch McConnell floated a revision of his much smaller plan to fellow Republicans.
The sudden emergence of the proposals after a six-month stalemate followed evidence that surging Covid-19 cases are undermining the economic recovery as past fiscal support runs out. President-elect Joe Biden also on Tuesday called on Congress to pass a “robust” aid bill while unveiling his economic team.