Republicans and Democrats are expected to strike and reach a stimulus deal before returning to their home states to focus on their campaign.

Capitol
(Photo : Reutersconnect)

Republicans and Democrats have different perspectives on how the new stimulus package should look like. They also have some disagreements when it comes to the total amount of the package. However, they found their common ground by sending another stimulus check. 

Latin Post earlier reported that House lawmakers are going to unveil the details of the new stimulus deal on Monday afternoon. However, the priorities seem to be divided following the death of the Supreme Court Justice Ruth Bader Ginsburg. Until now, there are no updates about the new bill. 

Despite these circumstances, Republicans and Democrats want to spend $1,200 stimulus checks to individuals and $2,400 to married couples who jointly filed their taxes. This is to make sure that millions of Americans will have enough money amid the global pandemic. 

President Donald Trump has already given a green light to Republicans to reach a deal by embracing a larger amount.

The White House confirmed that they want to reach a stimulus deal with as high as $1.5 trillion, while the Democrats decided to lower their total package from $3 trillion to $2.2 trillion. This means that there is progress in the negotiation. 

The progress on the stimulus negotiation started after a tension emerged within the ranks of Democratic representatives. They were frustrated by how House Speaker Nancy Pelosi deals with the stimulus negotiations. Pelosi has rejected a series of proposals from the White House and the Republican lawmakers. 

Over 100 Democratic lawmakers sent a letter to Pelosi and asked her to act on the new stimulus immediately. Following this, a bipartisan group composed of Republican and Democratic lawmakers proposed a roughly $1.5 trillion stimulus package that includes stimulus checks and PPP loans.

However, Pelosi seems to reject the proposal initiated by Democratic lawmakers and even called the $1.5 trillion stimulus bill a "cheap deal." She was also quick to respond and told the reporters that Democrats who pushed for the stimulus did not tell her about it.  

Even though there is still no guarantee that both parties will reach a deal, it still seems that Republicans and Democrats will strike a deal before the election. In fact, Treasury Secretary Steven Mnuchin already released the possible dates on when millions of Americans will receive the relief aid.  

Mnuchin expects a new stimulus bill to reach the Senate before this month ends, and Trump will have it signed immediately. He also said that the Internal Revenue Service (IRS) is ready to send the stimulus money in a week ending October 12

The only thing that hampers the stimulus negotiation is Pelosi's perspective that it will boost Trump's reelection bid once there is a new stimulus package. However, as the days progressed, Trump made different orders to help Americans.  

Trump has released executive orders that extended the unemployment benefits, house eviction moratorium, suspension of payroll tax collection, freezing of student loans, and more. Recently, he also gave the agriculture and education sectors billions in aid. 

Check these out: