As the U.S. faces a third surge of Covid-19 cases and the prospect of more business shutdowns, there is a growing call for Congress to pass a new stimulus package. WSJ’s Gerald F. Seib examines the forces for and against that happening. Photo: Stefani Reynolds/Bloomberg News (Originally published Nov. 18, 2020) Democratic leaders signaled Wednesday they were prepared to reduce their demands for the next round of coronavirus relief, fueling hopes that an agreement could be reached with Republicans by year’s end to boost struggling businesses and households. House Speaker Nancy Pelosi (D., Calif.) and Sen. Chuck Schumer of New York, the chamber’s Democratic leader, said that a new, bipartisan $908 billion coronavirus relief proposal released Tuesday should serve as the starting point for talks to try to resolve months of disagreement with GOP leaders and the White House. “Of course, we and others will offer improvements,” Mrs. Pelosi […]

Posted in: USA