FinancialRegulatory

Where Are Negotiations On The Second $1,200 Stimulus Check?

August 12, 2020 / Jim Wang, Contributor

Over the weekend, President Trump said that House Speaker Nancy Pelosi (D-CA) reached out to him to “get together” and continue negotiations on the next stimulus package.

Negotiators did not meet over the weekend and, as it turns out, did not meet on Monday or Tuesday either.

Instead of more negotiations, politicians are ramping up the political rhetoric and blaming the other side for delays. In remarks on the Senate floor yesterday, Senate Leader Mitch McConnell (R-KY) said “This is not a Washington game. It’s a national crisis. It would serve the nation better if the Democratic leaders would act like it’s a crisis.”

The Democrat-majority House of Representatives passed the Heroes Act on May 15th, nearly three months ago, and the Republican-majority Senate took no action until very recently. Senator McConnell introduced the various parts of the Heals Act near the end of July – over two months after the House first took steps towards the next stimulus package.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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