Next Coronavirus Fiscal Stimulus (A.K.A. The State & County Bail-Outs) Has $500 Billion Price Tag, Republicans “Just About Committed”

NY Governor Cuomo is also optimistic about a vote this week…

(Silver Doctors Editors) Recall that at the end of April, Nancy Pelosi was talking about a trillion dollars when she was talking about the next round of stimulus.

We already know where President Trump stood on the matter:

Additionally, Treasury Secretary Steve Mnuchin has said no bail-outs for badly managed states:

Fast forward to today, and while we are unclear of the exact details, reporting is coming out, or perhaps a trial balloon, of half a trillion dollars for the next phase of stimulus.

From Bloomberg:

Two or three Republican senators are “just about committed” to supporting a $500 billion stimulus bill that would send money to states and counties hammered by the economic impact of the coronavirus pandemic, said U.S. Senator Bob Menendez, a New Jersey Democrat.

Menendez, who is cosponsoring the bill with Senator Bill Cassidy, a Republican from Louisiana, said the additional GOP senators would be ready to commit to the proposal by the end of this week. And there’s “a lot of momentum” in the House of Representatives, Menendez said at a news conference in Trenton.

New York Governor Andrew Cuomo, speaking at his own briefing, said he was optimistic that the House would vote this week.