Name: Congress' weekend COVID relief talks hit obstacle
Uploaded: 2020-12-22T18:31:45.000Z
Duration: 1 min 50 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

We need to conclude our talks, draft legislation and land this plane.

Congress on Saturday scrambled to overcome hurdles and complete a $900 billion Corona virus aid bill for Americans and businesses struggling from the economic fallout of the pandemic, Senate Majority Leader Mitch McConnell.

But the American people cannot feed their families or pay their bills with Congress.

The weekend talks came after President Donald Trump on Friday signed into law a two day stopgap extension of existing federal funds to avoid a midnight government shutdown.

After months of partisan finger pointing and inaction, both Republicans and Democrats said the last major sticking point was a Republican led push to rein in Federal Reserve lending programs.

Senate Minority Leader Chuck Schumer, in a rare Saturday session, explained why he was against the move spearheaded by Senator Pat Toomey.

Senator Toomey's new proposal would potentially prohibit the Treasury and the Fed from setting up new emergency lending facilities moving forward, greatly reducing their ability to respond to economic crises Again, this is something that Onley materialized in the past few days, and would leave the Treasury and the Fed with less authority than it had even prior to the pandemic.

Members of Congress are under intense pressure to finish the largest relief package since the early weeks of the pandemic.

Adding urgency to calls for action are the looming Christmas holiday and a government shutdown, possibly at midnight on Sunday.

 Lawmakers were not sure exactly when a deal would be announced, but no vote was expected before Sunday afternoon. 

Subtitles ListPlay Video

Congress' weekend COVID relief talks hit obstacle

intense

stick

struggle

pandemic