Biden’s Victory Makes Major Stimulus Unlikely Before January
- Trump has little incentive to push Covid-19 relief package
- Senate control to be determined by Georgia votes in January
This article is for subscribers only.
Joe Biden’s victory in the presidential election and the unresolved status of Senate control left slim prospects for a major fiscal-stimulus package before January.
While President Donald Trump last month pledged a large post-election stimulus act, it was based on his assumption that he’d win re-election. He now has little political incentive -- or capital -- to drive a deal through a divided Congress in his remaining weeks in office.