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Currently the government will shut down at midnight tonight. If no program is approved by then there will be no more negotiation unless there is an extension.
The checks are intended to stimulate the economy. Yesterday they were discussing increasing the $600 to $700. Economists think the checks should be $1,200. Trump wanted the amount to be $1,200 but backed off based on input. The thinking is those employed will spend at least some of the money on goods and services, helping some of those businesses that are in trouble which could result in more jobs.
Biden has said he will address another package as soon as he takes office. Some Senate republicans have stated they will not vote to keep the government open if it means they have to agree to a package that is more than they think appropriate.
Our government is the perfect definition of dysfunctional.
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Dallas
Last edited by bcredliner; 12-18-2020 at 06:14 PM.
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