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(41,047 posts)Forbes, Aug. 3, 2020. Second Stimulus Package: Negotiations Continue In Congress
Editors note: We will update this article daily to reflect Congress discussions and negotiations regarding the next federal stimulus package. Last update: August 3, 2020, 1:00 PM EDT. (-> They go on a week long break Aug. 7 I think).
Time is running out for Congress to find common ground on what should be included in the second stimulus package.
The second stimulus proposal from the Senate Republicans, the Help, Economic Assistance, Liability Protection and Schools (HEALS) Act, includes multiple smaller pieces of legislation. These components would provide another round of direct stimulus payments to Americans, extend unemployment benefits, freeze Medicare premiums, offer more Paycheck Protection Program (PPP) funding and extend liability shields for businesses facing COVID-19-related lawsuits.
The House released its own second stimulus proposal, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, in May. Senate Majority Leader Mitch McConnell dismissed the House proposal last week, calling it a socialist manifesto. Congress will negotiate over the measures before voting on a bill and potentially sending it to President Donald Trump to be signed into law.
When Could the Second Stimulus Happen?...
More, https://www.forbes.com/sites/advisor/2020/08/03/second-stimulus-package-negotiations-continue-in-congress/#5aaa56644441