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Senate adjourns until September with no coronavirus relief deal
theweek.comThe Senate adjourned on Thursday until September 8 without reaching a deal on the next coronavirus relief bill, CNBC reports. The next stimulus package is now likely weeks away, leaving millions of unemployed Americans without jobless benefits that were provided from the early days of the pandemic until the end of July when the CARES Act expired without a replacement bill lined up. Democrats have argued the $600 weekly boost should continue, while Republicans say it should be reduced. Both sides have accused the other of refusing to compromise. House Speaker Nancy Pelosi (D-Calif.) has said Democrats are willing to cut their proposed $3 trillion bill by $1 trillion if Republicans are willing to add $1 trillion to their $1 trillion bill. Democrats are seeking additional aid for absentee voting and remote learning. Senate Majority Leader Mitch McConnell (R-Ky.) said if lawmakers manage to make a deal while on recess, senators will return to work to vote. Read more at CNBC. The Week Staff
No rent moratorium either I think. Shits finna get fucky
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Ah yes, the old american tradition of ‘too big to fail’ haha ;)
I largely agree though. I don’t think ‘collapse’ is very likely, and I definitely don’t think it’s desirable.