When does the next stimulus package kick in?
The next round of stimulus package negotiations are scheduled to begin on Friday and are expected to take at least six weeks, according to the office of US President Donald Trump.
The negotiations will begin at 10:00 a.m.
ET Friday in the Oval Office.
The announcement came as part of a meeting between US Senate Majority Leader Mitch McConnell and White House Budget Director Mick Mulvaney on Thursday.
Mulvaney told reporters that the talks would involve both the White House and Senate Democrats.
McConnell, in an interview with CBS News on Friday, said he expected the next round to be held sometime in early September.
“I think the administration has to make some pretty big concessions in order to get it done, and we’ll see what happens,” McConnell said.
White House budget director Mick Mulvisaid that negotiations will involve both Senate Democrats and White house Democrats.
Mulvis also said that the president’s economic advisers are discussing ways to reduce the burden of the economic recovery on people who have lost their jobs and incomes.