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Stimulus Deal 'Appears to Be Close at Hand,' Says Sen. McConnell

Dec.17 -- Senate Majority Leader Mitch McConnell said a bipartisan stimulus deal ”appears to be close at hand,” but will likely require work over the weekend to get through both chambers of Congress.

Video Transcript

MITCH MCCONNELL: So I'm encouraged that our Democratic colleagues have now embraced this framework that's been the right solution for our country all this time and a bipartisan, bicameral agreement appears to be close at hand. The outline that I've been discussing with Democratic leader Speaker Pelosi and leader McCarthy would get another huge dose of bipartisan support out the door as fast as possible. We've yet to nail down every detail, but in broad strokes, we've been discussing the targeted second round of job saving Paycheck Protection Program that Republicans have sought since last summer.

We're discussing many tens of billions of dollars for distributing vaccines, COVID testing and equipping safe schools to get our kids' educations back on track. We're discussing extended important unemployment programs. At the particular urging of President Trump and Secretary Mnuchin who have continued to be the champions of cash relief for American families, we're discussing more direct impact payments for individuals plus the bonus for families with children.