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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.

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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.

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