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IPFS News Link • Pandemic

McConnell Acknowledges Fourth Coronavirus Bill In The Works

• https://www.zerohedge.com, by Tyler Durden

"[It] should be more a targeted response to what we got wrong and what we didn't do enough for — and at the top of the list there would have to be the health care part of it," said McConnell.

That said, McConnell said he and House Speaker Nancy Pelosi (D-CA) have a "little different point of view" on the timing for the fourth package, and that he is "not in favor of rushing" the next bill.

McConnell tweeted on Friday that Senate GOP are now focusing on 'tracking the implementation' of the the $2.2 trillion package passed last week.

House Speaker Nancy Pelosi has walked back ambitious plans for infrastructure spending in the next coronavirus stimulus package - and is instead focusing on boosting direct payments to individuals as well as loans to businesses, according to Bloombergwhich notes that the shift will leave an estimated $800 billion infrastructure plan in limbo.

"While I'm very much in favor of doing what we need to do to meet the needs of clean water, more broadband and the rest of that, that may have to be for a bill beyond this," Pelosi told CNBC in a Friday appearance. "I think right now we need a fourth bipartisan bill -- and I think the bill could be very much like the bill we just passed."

 

 
 
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