Stimulus deal signed by President Trump before election increasingly unlikely as time runs out

Hopes for a stimulus deal before the election are fading fast.

While Speaker Nancy Pelosi (D-CA) said Thursday that she and Treasury Secretary Steven Mnuchin are “just about there” on a package worth between $1.9 and $2.2 trillion, it may be too late for a bill to get through all the government hoops before November 3, experts said.

“If a deal is reached, I still think the likely outcome is we’re not going to have words on paper that pass the House,” Mark Harkins, a former congressional staffer and senior fellow at Georgetown’s Government Affairs Institute told Yahoo Money. “If we do have words on paper that passed the House, I think it’s very likely that McConnell is not going to bring it up.”



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.