Economics
Democratic Staff Prep Two Options for Package: Stimulus Update
- Check here for updates on Biden’s proposed $1.9 trillion plan
- Some components may end up requiring Republican support
Photographer: Alex Scott/Bloomberg
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Democratic congressional staff are preparing options for two legislative routes for President Joe Biden’s Covid-19 relief plan -- one that includes Republican support and one that goes without. The White House is arguing against a “wait and see” approach on aid, saying sustained fiscal support is vital for the recovery.
Biden has so far failed to win Republican backing for his overall $1.9 trillion stimulus proposal, spurring congressional Democratic leaders to prepare to move ahead with just their caucus. That involves a complicated legislative process known as reconciliation, which likely would take weeks to complete.