Pelosi Pares Goals for New Stimulus Bill With Eye on Faster Help
- Speaker says infrastructure may wait until fifth relief bill
- Unemployment numbers suggest more immediate aid will be needed
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House Speaker Nancy Pelosi scaled back her ambitions for Congress‘s next coronavirus stimulus package to focus on additional direct payments to individuals and expanded loans to businesses, possibly leaving an $800 billion infrastructure plan and other Democratic priorities for a later bill.
“While I’m very much in favor of doing what we need to do to meet the needs of clean water, more broadband and the rest of that, that may have to be for a bill beyond this,” Pelosi said Friday on CNBC. “I think right now we need a fourth bipartisan bill -- and I think the bill could be very much like the bill we just passed.”