Mitch McConnell Throws Weight Behind Additional Round of Coronavirus Stimulus
This is huge news for Americans who are still suffering fiscally on account of coronavirus.
As coronavirus cases continue to surge, fears of a second wave of the deadly illness are quickly coming to fruition.
At the very least, this resurgence of COVID-19 could mean and extension of the already strict lockdown orders in several states, or the reversal of some locales’ efforts to reopen. This, of course, means that Americans will once again be out of work in many industries, and that the general economy will likely face another bout of stagnation.
That’s where the federal government’s efforts to provide economic relief to Americans will come in handy in the coming weeks.
Senate Majority Leader Mitch McConnell understands this perfectly well, and is now pushing for another round of stimulus for the country at large.
McConnell, R-Ky., has been in negotiations with top congressional Democrats and the White House on what the next coronavirus bill would look like, as the Trump administration is pushing a package with a price tag of $1 trillion.
McConnell said he supports “another round of direct payments” to Americans – something President Trump and top members of his administration have said they, too, support.
“The economy needs another shot of adrenaline,” McConnell said Tuesday. “If we lose control of the virus…everything else will be window dressing.”
Sources told Fox News this week that an emphasis would be put on liability protections and “addressing unemployment insurance in a proper way.”
The news couldn’t come at a better time, as enhanced unemployment benefits spawned by the first round of coronavirus are set to expire in the coming week.
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