With less than a month before the United States presidential election, there is still no second stimulus deal. Americans’ hopes to receive another stimulus check or additional unemployment insurance are dismal if not completely faded. In an interview yesterday, House Speaker Nancy Pelosi – a Democrat from California, stated that they did not reach a deal in Washington, DC, this week.
Even while receiving medical treatment for Covid-19, President Trump encouraged Congress to pass a new bill. He tweeted on Saturday from Walter Reed Medical Center: OUR GREAT USA WANTS & NEEDS STIMULUS. WORK TOGETHER AND GET IT DONE. Thank you!
The Washington Post reported that officials at the White House are confident that at least a new deal outline can be reached by the middle of next week at the very least.
Discrepancies of Democrats and Republicans primarily concerning a few tax provisions, Earned Income Tax Credit and Child Income Tax Credit, are prolonging negotiations.