She suggested the legislation could come to a vote on the House floor even if no bipartisan deal is reached. The unprecedented $3 trillion in stimulus Congress approved in the spring has been dwindling rapidly, and some programs have expired. ADAD“We’ll see sooner or later, probably sooner, that the economy has a harder time sustaining the growth that we’ve seen,” Powell said. If companies stop rehiring workers and new furloughs continue, particularly in local governments and the travel industry, the economy could slip backward. The enhanced jobless aid that Congress and the White House approved in March expired at the end of July.

Source: Washington Post September 24, 2020 18:11 UTC