These 2 key issues are stalling more stimulus checks:
evolution of the Paycheck Protection Program and broad consensus on stimulus checks appears clear. This makes unemployment a key area of contention. Republicans would like to cut spending on unemployment and are wary of the size of the total package, Democrats generally believe further spending is needed.
Of course, while negotiations continue, no additional payments are going out because the $600 additional unemployment payments ended last week until further legislation passes. That’s something neither side appears fully comfortable with, hence creating a sense of urgency.Stimulus is expensive. The CARES Act cost trillions and boosted the national debt by around 8%. There is a strong desire, especially from Republican lawmakers, to make sure that government spending is contained.
Mitch McConnell targeted one trillion as the spending cap for the Republican-driven HEALS Act proposal, and. However, the HEROES Act, which passed the House in May under Democratic leadership, cost closer to three trillion. That’s triple the Republican target. This helps frame another source of contention. Democrats have a broad list of areas where they believe help is needed, but many Republicans are becoming nervous about the.
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