McConnell, Schumer Face Off on Stimulus as Senate Convenes
(Bloomberg) -- The U.S. Senates top Republican and Democrat faced off on Monday over the size of fiscal stimulus needed to support the economy, dimming any hopes for an immediate package as lawmakers reconvene following the election.
Majority Leader Mitch McConnell said that Congress should pass a limited stimulus bill by year-end, in the wake of positive data on a slide in unemployment and after encouraging news on a Covid-19 vaccine.
Democratic leader Chuck Schumer by contrast said Republicans have proposed totally inadequate solutions on Covid-19 relief.
News from Pfizer Inc. that its experimental vaccine might be 90% effective introduced a fresh dynamic into the outlook for stimulus, and spurred a rally in U.S. equities Monday. While hailing the development, President-elect Joe Biden warned that the U.S. still faces a dark winter with the coronavirus continuing to spread.
https://www.msn.com/en-us/news/politics/mcconnell-schumer-face-off-on-stimulus-as-senate-convenes/ar-BB1aQEzM?li=BBnb7Kz
McConnell's going to take a big shit on everyone now that Trump's lost.