Senate Majority Leader Mitch McConnell (R-Ky.), who likely kept the GOP majority in the Senate and won reelection, called for a new stimulus package before the end of 2020.
During a press conference after he won reelection, McConnell said he is optimistic that pandemic stimulus negotiators could reach a deal after the election.
“We need another rescue package,” the Kentucky Republican said. “Hopefully the partisan passions that prevented us from doing another rescue package will subside with the election and I think we need to do it and I think we need to do it before the end of the year.”
McConnell didn't mention any details about the bill and said that "it’s a possibility we will do more for state and local governments," a reversal of what Republicans said earlier in the year after House Democrats passed their HEROES Act. The initial $3.3 trillion bill sought nearly $1 trillion for state and local governments, but it was rejected outright by the GOP-controlled Senate. McConnell said the Democrat-passed bill was a "socialist manifesto."
McConnell noted that both parties need to negotiate a deal to offset economic suffering.
Meanwhile, Rep. Cindy Axne (D-Iowa), who won reelection this week, said more aid is needed.
Last week, House Speaker Nancy Pelosi (D-Calif.) blamed Mnuchin, President Donald Trump, and Republicans for the failed negotiations.
“As the coronavirus surges and the stock market plummets, we are still awaiting the Trump Administration’s promised responses on multiple items of critical importance,” Pelosi said. “Your responses are critical for our negotiations to continue.”