Stimulus Update: House Democrats Reportedly Considering New, Smaller Relief Package

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Stimulus Update: House Democrats Reportedly Considering New, Smaller Relief Package
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House Democrats could introduce a smaller stimulus bill next week.

on Thursday, refusing to rule out the possibility of a new coronavirus stimulus proposal from House Democrats. “But we're ready for a negotiation. That's what we're ready for.”by the House of Representatives in May, several aspects of the proposed relief package will have to be updated, Democrats said. Funding for opening schools has changed and restaurants will need more federal aid as outdoor seating becomes more difficult during the winter season.

in a note to clients on Thursday. “We now think that any further stimulus will wait until early 2021,” Goldman analysts said after they cut their GDP forecast for the fourth quarter to 3%, down from 6%.

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