Stimulus Package Update: While Politicians Negotiate, Economic Damage Continues
With negotiations on a second round of stimulus ongoing, the chance of a package that can pass both the House and Senate seems remote.
Watch CBS News
With negotiations on a second round of stimulus ongoing, the chance of a package that can pass both the House and Senate seems remote.
House Democrats and the Trump administration agreeing on stimulus terms isn't even the biggest obstacle to a stimulus package.
House Speaker Nancy Pelosi says a deal must be reached by Tuesday if a stimulus package is to pass by election day.
A second stimulus package remains a possibility, but can struggling Americans wait for Washington to come together on a plan?
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
Spending from the first round of stimulus propped up the economy. But that money is gone, and a more stimulus is unlikely in the coming weeks.
The Social Security Administration has announced the cost-of-living adjustment (COLA) increase for 2021.
Any possible stimulus package must pass through the Senate, which is now focused on installing Amy Coney Barrett on the Supreme Court.
With stimulus negotiations resuming, a second round of stimulus checks is once again a possibility, though timing remains unclear.
While President Trump derailed stimulus package discussions earlier this week, the possibility of a stimulus check remains alive.
More stimulus checks would help suffering Americans and prop up the sagging U.S. economy, but Democrats and Republicans haven't yet agreed on a deal.
Americans who have not yet received their $1,200 payment from the CARES Act now have another month to ensure they do.
House Speaker Nancy Pelosi said on Face The Nation Sunday that the two sides are making progress towards a deal, but hurdles remain.
The revised HEROES Act, passed by Democrats in the House, would still include stimulus payments and enhanced unemployment benefits.
Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.