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Coronavirus relief package talks driving to overtime conclusion
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Congress Passes Two-Day Spending Bill © erin scott/Reuters
WASHINGTON President Trump signed a two-day spending bill passed by Congress Friday evening averting a partial government shutdown after midnight, as congressional leaders struggled to wrap up negotiations on a coronavirus relief package.
In the Covid-19 talks, negotiators were still wrestling Friday to close differences on the Federal Reserve’s emergency lending powers, among other snags. Leaders have aimed to pair the passage of the Covid-19 aid bill with a broader spending bill.
While lawmakers maintain that they are closing in on an agreement, it became clear Friday that a coronavirus-aid package wouldn’t be finished in time to pass with a spending bill needed to avoid a government shutdown at 12:01 a.m. Saturday.
Senate Leaders Urge Compromise on Virus Relief Deal © michael reynolds/Shutterstock
WASHINGTON Senate leaders from both parties called on the other to compromise Saturday in the final round of negotiations over a $900 billion coronavirus relief package, saying they hoped to complete an agreement later in the day.
On Friday night, both chambers passed a two-day spending patch, signed into law by President Trump, to keep the government funded through Sunday while negotiations continued. The previous deadline had been 12:01 a.m. Saturday.
Senate Minority Leader Chuck Schumer (D., N.Y.) said lawmakers were still negotiating Saturday over the last stumbling block: a push from Sen. Pat Toomey (R., Pa.) to restrict the Federal Reserve’s emergency lending powers.
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