Top senators on Saturday reached an agreement on a key component of the COVID-19 relief package, clearing the way for a potential vote in both chambers on Sunday. A spokesman for Senate Majority Leader Mitch McConnell (R-Ky.) confirmed that the parties reached an agreement on a component pushed by Sen. Pat Toomey (R-Pa.) to end Federal Reserve relief programs at the end of the year. The programs can be restarted next year, but only with congressional approval, Toomey said on the Senate floor after getting criticized by Democrats, who said he was holding up a deal the package. “Now that Democrats have agreed to a version of Sen. Toomey’s important language, we can begin closing out the rest of the package to deliver much-needed relief to families, workers, and businesses,” Doug Andres, a spokesman for McConnell, told news outlets in a statement. Senate Minority Leader Chuck Schumer (D-N.Y.) told reporters …
Senators Reach Agreement on Key Component of Stimulus Deal, Finalizing Details
December 20, 2020
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