Daily Tax Report ®

New Stimulus Plan Gets More GOP Interest; McConnell Holds Back

Dec. 3, 2020, 8:05 PM

A bipartisan stimulus proposal endorsed by Democratic leaders as a basis for negotiations is luring increased interest from Republicans, raising the chances for a deal by year-end.

“We’re getting more and more support from Republicans and Democrats,” GOP Senator Mitt Romney of Utah, part of the group of senators from both parties proposing the $908 billion plan, said Thursday after a meeting with Senate Majority Leader Mitch McConnell to explain the outline. A dozen senators have been working to flesh out a full bill, he said.

McConnell has yet to publicly embrace it, but several other key GOP lawmakers are...

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