This morning’s jobs report — the final one voters will see before Election Day — offered discouraging news about the strength of the economic recovery. But it also served as a wake-up call to policymakers that the need for a new economic aid package hasn’t gone away.
In mid-May, House Democrats saw the CARES Act’s expiration on the horizon and took steps to stay ahead of the problem. The lower chamber approved an ambitious aid package, carrying a price tag of over $3 trillion, which would extend benefits to struggling families, businesses, and communities through the end of the year.
As we’ve discussed, Republicans soon after responded with very little. GOP officials said they didn’t like the Democratic plan, but they couldn’t even agree among themselves on an alternative.
Last night, House Dems tried anew to keep the process moving.
The House of Representatives passed a $2.2 trillion Covid-19 relief