Democrats on Monday will introduce a bill that will provide $3,000-per-child benefit to millions of American families as part of President Joe Biden's $1.9 trillion stimulus plan.
Senate Majority leader Mitch McConnell and House Speaker Nancy Pelosi talked over the phone and discussed prioritizing omnibus and stimulus before the year ends.
President Donald Trump pushed on Saturday for renewed efforts to proceed with further coronavirus relief to sustain the United States as the coronavirus pandemic sets record numbers across the country.
Another stimulus package is unlikely to materialize before year's end as both Congress' Democrats and Republicans refuse to budge on their past spending demands.
U.S. stocks have gone up on Monday, following the confirmation that President Donald Trump is well enough to be returning to the White House and continue his recovery from a COVID-19 infection there.
First-time-filers for unemployment benefit claims slightly increased than expected last week as the labor department struggled to recover from the coronavirus pandemic.
Mark Meadows, White House Chief of Staff, visited the U.S. Capitol on Saturday in an attempt to pressure Democrats into accepting a slimmed down version of the stimulus bill.
Stimulus negotiations have collapsed now, and a deal looks like it will be weeks away, at best. The delays have left many questions, like those from student loan borrowers.