Economics

How Bipartisan Stimulus, McConnell Plans Stack Up: Side by Side

Photographer: Stefani Reynolds/Bloomberg
Lock
This article is for subscribers only.

The bipartisan $908 billion stimulus proposal increasingly backed by both Democrats and Republicans as a basis for negotiations on a final 2020 Covid-19 relief package differs from a smaller-scale GOP plan in ways going beyond size.

A comparison of draft outlines of the two -- neither of which has been released in legislative form -- shows the bipartisan version has supplemental unemployment benefits above state unemployment insurance maximum levels as well as state and local aid. While Senate Majority Leader Mitch McConnell’s preferred plan leaves such items out, it does include tax breaks for restaurant meals, charitable giving and a proposal to develop critical mineral mining.