Senate leadership announced a bipartisan deal on an approximately $900 billion economic relief package late Sunday afternoon that would deliver emergency aid to a faltering economy and a nation besieged by surging coronavirus cases.
After months of contentious negotiations and seemingly intractable partisan gridlock, Senate Majority Leader Mitch McConnell (R-Ky.) and Senate Minority Leader Charles E. Schumer (D-N.Y.) took to the Senate floor to say that a deal had been finalized and could be quickly approved.
The emerging stimulus package was expected to direct hundreds of billions of dollars in aid to jobless Americans, ailing businesses and other critical economic needs that have grown as the pandemic ravages the country and batters the economy.
“More help is on the way. Moments ago, in consultation with our committees, the four leaders of the Senate and House finalized an agreement. It would be another major rescue package for the American people,” McConnell said. “As our citizens continue battling this coronavirus pandemic this holiday season, they will not be fighting alone.”
It’s good for eleven weeks, which means it will expire in the first months of the Biden administration. By then all of the Republicans will, as they always do when Democrats are in the White House, get their tits in an uproar about the budget deficit and demand that any more relief for the nation comes with massive tax cuts, including demolishing Social Security, Medicare, and anything else that helps people who aren’t rich white folks.