Bloomberg Tax
May 26, 2020, 8:46 AM

Need for Stimulus or Relief Will Shape Congress’ Next Virus Bill

Colin Wilhelm
Colin Wilhelm

The contents of the next coronavirus relief package will hinge on a central question—whether the goal should be to provide another tourniquet for the economy or a crutch to help return it to normal.

House Democrats planted their flag for the upcoming negotiations by passing a $3 trillion relief package (H.R. 6800). Republican leadership and the White House are taking a more cautious approach, calling for some time to measure the impact of previous relief bills and determine what else is needed to get the economy on track.

The tension over whether the next package should aim ...

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