Adding to the expected complications of passing one of the largest stimulus bills in U.S. history, on Sunday Kentucky Senator Rand Paul tested positive for the coronavirus
Photo: Drew Angerer/Getty Images On the day that the head of the Federal Reserve Bank of St. Louis predicted that U.S. unemployment could reach 30 percent in the second quarter, Congress failed to reach an agreement for a coronavirus stimulus package. While Majority Leader Mitch McConnell intends to move forward with a procedural vote that would put the $1.
While Democrats have a surprise advantage in the Senate, Nancy Pelosi is also able to pass a bill in the House without any Republican votes — providing a real opportunity for Democrats to shape the stimulus, which dwarfs the one passed in 2008. With that advantage, Democrats are expected to push for more liquidity for individuals and greater restrictions on the funding going to big business.
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