Speaker Pelosi Aims to Bring Up Next Virus Stimulus This Month

(Bloomberg) --

Communities in the U.S. “cannot afford to wait” for the next coronavirus stimulus, Speaker Nancy Pelosi said in a letter to House lawmakers, adding “it is my hope that we will craft this legislation and bring it to the floor later this month.”

The next package “must go further in assisting small businesses including farmers, extending and strengthening unemployment benefits and giving families additional direct payments,” according to Pelosi. She said it would give more resources to state and local governments, health care including hospitals and medical workers, and first responders.

Pelosi has scaled back her ambitions for Congress’s next coronavirus stimulus package to focus on additional direct payments to individuals and expanded loans to businesses, possibly leaving an $800 billion infrastructure plan and other Democratic priorities for a later bill.

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