Stimulus Talks Set to Enter Weekend as Stumbling Blocks Remain

from Zero Hedge

Stimulus negotiations are set to spill over into the weekend, as Capitol Hill negotiations continue to hit last-minute stumbling blocks over a nearly $1 trillion coronavirus relief package ahead of a Friday deadline, according to Politico. Top congressional aides and White House officials add that if a deal isn’t reached, they will need to pass another short-term (24-48 hour) spending measure to avoid another government shutdown on Friday evening.

While Congressional leaders continue to talk about ‘progress’, they have not publicly announced an impending deal – which, if isn’t announced on Thursday – allowing a day to draft – won’t get passed by the Friday deadline.

“I’m hopeful, and I talked to the speaker this morning. She thinks we’re making real progress,” said House Majority Leader Steny Hoyer (D-MD) in a Thursday morning appearance on MSNBC. “Hopefully, we will get to an agreement today.”

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