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House Moderates Unveil $1.52 Trillion Bipartisan Relief Plan

  • Problem Solvers Caucus agrees on compromise proposal
  • Proposal offers glimmer of hope in stalled negotiations
U.S. Faces Last Chance To Salvage Stimulus Deal As House Returns
Photographer: Stefani Reynolds/Bloomberg
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A 50-member group of House Democrats and Republicans released a $1.52 trillion coronavirus stimulus plan Tuesday in a long-shot attempt to break a months-long deadlock on providing relief to the pandemic-battered U.S. economy.

The Problem Solvers Caucus plan was developed over six weeks with the knowledge of the White House and leadership from both parties. Treasury Secretary Steven Mnuchin has referred to the discussions and at a House hearing this month hinted that the White House could accept a $1.5 trillion level of spending.