Two New Incentive Packages in the USA

Two New Incentive Packages in the USA Two new incentive packages were offered in the USA. US Senate Majority Leader Mitch McConnell has proposed a new stimulus package to combat the impact of the coronavirus epidemic on the economy. US House of Representatives Chairman Nancy Pelosi presented her new proposal to Treasury Secretary Steven Mnuchin. The news flow about the stimulus package in the USA, where global markets are focused, gained momentum again, about 1 month after the presidential elections. US Senate Majority Leader Mitch McConnell has proposed a new stimulus package to reduce the impact of the coronavirus epidemic on the economy. McConnell's new offer looks seriously similar to the $ 500 billion package previously rejected by the Democrats. McConnell also reported that his new plan has the support of US President Donald Trump. McConnell stated that it is pointless to pass through Congress, a package that Trump will refuse, who will hand over his post to Joe Biden on January 20. Noting that a support to the economy is needed now, McConnell stated that he wants to pass his proposal within the next three weeks. US House of Representatives President Nancy Pelosi also presented the new support package proposal to Treasury Secretary Steven Mnuchin. US Senate Minority Leader Chuck Schumer called Pelosi's offer a "goodwill effort", but did not make a statement regarding the amount of the package. Democrats had previously come with a bid of $ 2.4 trillion. Joe Biden, who won the presidential election held on November 3, said in his speech while announcing the economic team that the Congress should pass a strong support package.