Hang in there, it looks like financial relief is coming
Senate Majority Leader Mitch McConnell has signaled he wants another economic relief package passed in the next two months.
McConnell has thrown his support behind more funding for schools, hospitals and small businesses.
“It’s a much different place,” House Minority Leader Kevin McCarthy told the Journal. “Nancy Pelosi has a weaker hand. The Democratic members who lost want to vote for something more reasonable, not her $3 trillion bill.”
Senate Republicans, wary of the nation’s ballooning budget deficit, have proposed a measure one-sixth that size. The negotiations have implications for the real estate industry, as congressional aid packages have been credited with providing crucial support for the economy throughout the pandemic.