Bipartisan Senate Group Pitching $908 Billion Stimulus Plan
- Previous compromise bill failed to get leadership backing
- Expiration of benefits at year-end leaves economy at risk
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A bipartisan group of lawmakers in the House and Senate unveiled a $908 billion stimulus proposal Tuesday in an effort to break a months-long impasse that’s now threatening to tip the economy back into contraction.
Neither Republican nor Democratic leaders have signed on to the plan so far, however, leaving it facing the same long odds as a bipartisan House proposal that failed before Election Day. President-elect Joe Biden has so far backed House Speaker Nancy Pelosi, who has pushed a $2.4 trillion bill.