US lawmakers weigh new COVID-19 stimulus funding for businesses

Sens. Chris Van Hollen (D-Md.) and Ben Cardin (D-Md.) leave the weekly Senate Democratic policy luncheon for a vote in the Senate Chamber on Tuesday, October 19, 2021.
Greg Nash

Congressional lawmakers have begun discussions on potentially issuing another round of COVID-19 stimulus payments for businesses.

Sources told The Washington Post, which was the first to report on the talks, that the discussions — led by Sens. Ben Cardin (D-Md.) and Roger Wicker (R-Miss.) — have largely focused on authorizing billions in aid for businesses, including restaurants, gyms, minor league sport teams and entertainment venues.

A source close to the matter confirmed to The Hill that Cardin and Wicker are working to gather bipartisan support for additional aid for restaurants and other businesses.

Cardin serves as the chair of the Senate Small Business and Entrepreneurship Committee, and Wicker is currently the ranking member of the Senate Commerce, Science and Transportation Committee. According to the Post, Cardin and Wicker last month put together a $68 billion proposal which includes new spending as well plans to repurpose unspent funds from other stimulus packages.

Cardin and Wicker’s offices did not immediately respond to a request for comment from The Hill.

The two lawmakers have spoken with other members of the Senate about the potential stimulus package, including Sens. Maria Cantwell (D-Wash.), Mark Warner (D-Va.) and Susan Collins (R-Maine).

However, a senior Biden administration official told CNN that there are no plans for any further stimulus packages.

“No. There might be something small for restaurants. But the economy is booming, there are millions of open jobs, and we do not believe people should be sitting at home if they are vaccinated and boosted, as most adults are,” they said. “So we are not going to write checks to incentivize people to sit at home, and we are not going to bail out businesses if the economy seems strong.”

White House press secretary Jen Psaki addressed these reports on Wednesday during a press briefing.

“We did a major relief package that included helping restaurants just last year,” Psaki said. “We are in constant discussions with Congress and leadership about the needs of the American people, whether they are small businesses or restaurants or people sitting in their homes as we continue to fight the pandemic, but don’t have any new pending request or specific requests and wouldn’t predict that at this moment in time.”

Updated at 3:50 p.m.

Tags Ben Cardin Ben Cardin COVID-19 stimulus Jen Psaki Jen Psaki Joe Biden Maria Cantwell Mark Warner Presidency of Joe Biden Roger Wicker Roger Wicker Susan Collins United States Senators

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Bottom ↴

Top Stories

See All

Most Popular

Load more