Lawmakers reach compromise over GOP proposal to rein in Fed’s powers, clearing path for a stimulus package deal - News Summed Up

Lawmakers reach compromise over GOP proposal to rein in Fed’s powers, clearing path for a stimulus package deal


The compromise language was described by three congressional aides familiar with its drafting who were not authorized to comment publicly. “If things continue on this path and nothing gets in the way, we’ll be able to vote tomorrow,” he said. The need for such a package has only grown as the virus rampages across the nation and several emergency programs protecting tens of millions of Americans are set to expire in days. If no deal is reach on the stimulus package, lawmakers would have to pass another temporary measure before Monday. Lawmakers will almost certainly be asked to vote on a broad piece of legislation with only hours to review it.


Source: Washington Post December 19, 2020 16:45 UTC



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