As the clock ticks on a, the chances that the final bill will provide a grow slimmer by the day. And that’s if the Senate and House of Representatives .
By Wednesday top Democrats, including President-elect Joe Biden, have now put their support behind a new $908 bipartisan bill. Presented by Republicans and Democrats, the framework contains funding for , small business payroll assistance and more — but . (It’s likely that cutting a this time around is seen as a way to keep down short-term costs and increase the chances of some amount of aid going through.)
Senate Majority Leader Mitch McConnell has already said he won’t bring the bipartisan proposal to a vote and instead advanced a bill worth roughly $500 billion with funding for businesses and schools; again, without a check. It’s unlikely to pass.
While another direct payment may be left out in the cold this cycle, the outlook for a follow-up package in 2021 remains hopeful, giving aone more chance.
No new check in 2020 bill? Support for another direct payment remains
Top lawmakers and President-elect Joe Biden have repeatedly acknowledged since November that a December 2020 bill won’t be enough to carry the country through spring, teeing up a larger stimulus package for 2021.
Leading up to this point, bipartisan support forhas been strong, with Republicans, Democrats and Biden all calling for more money to go to families and individuals.
“We need to continue the funding for the vaccine, the delivery of the vaccine,” Roy Blunt, a Republican from Missouri, said Nov 29 on CNN. “Direct money to struggling families would be helpful and some extension of unemployment.”
The incoming president himself has all but guaranteed a renewed effort on stimulus in 2021, prepping to act on a packed agenda in his first 100 days as president, which includes .
“Right now, the full Congress should come together and pass a robust package for relief to address these urgent needs. But any package passed in a lame-duck session is lucky to be at best, just a start,” Biden said Tuesday while introducing picks for his future economic team.
“My transition team is already working on what I’ll put forward in the next Congress to address the multiple crises we’re facing, especially our economic and COVID crises,” he said. Biden is expected to apply pressure for hisafter the , though without Congressional support, there’s .
However, Biden appears to remain confident he can bend the ear of Senate Majority Leader Mitch McConnell, who is expected to remain the Senate leader and also expected to oppose Biden’s efforts, if Democrats do not win both Jan. 5 run-offs for contested Georgia Senate seats.
“I think there are trade-offs, that not all compromise is walking away from principle,” Biden told The New York Times in an interview published Dec. 2. “He knows me. I know him. I don’t ask him to embarrass himself to make a deal.”
For more information on stimulus checks, here’s how you might, or a . Here’s . And this is if and when it’s passed, based on key dates.