The bill would provide another round of $1,200 stimulus checks, reauthorize the small business lending program, bring back the $600 federal boost to the unemployment benefit through January, and provide assistance for the airline industry.
a $3.4 trillion relief plan in May, but Senate Republicans declined to take action on the legislation. Since then, Pelosi and Democrats said they would reduce the price of their package by $1 trillion, though Republicans declined the offer. Senate DemocratsSenate Republicans' smaller, $300 billion package in early September, leaving both sides at an impasse in negotiations.
Democrats and Republicans have been unable to agree on a number of issues, including the amount of the unemployment benefit, which Republicans say disincentivizes work if it is too generous. Democrats offered $600 in their proposals, whereas Republicans have offered $200 and $300 in other proposals.in previous proposals, whereas Republicans argue the money would bail out mismanaged governments and add to the federal deficit.
Pelosi said Monday on MSNBC she thought congressional Democrats and the White House"can find our common ground," though Democrats still wanted White House negotiators to accept a higher price tag on the bill.
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