September 30, 2020: COVID-19 Legislative Update
COVID-19 - September 30, 2020
Policy Resolution Group COVID-19 Legislative Update
September 30, 2020
The Heroes 2.0 Gambit
House Democrats released an updated version of the Heroes Act (“Heroes 2.0”) on Monday, September 30, indicating that their new proposal reflected “needs that have developed since the House passed an earlier iteration” and “negotiations between Democrats and Republicans.”
The smaller $2.2 trillion legislation knocks more than $1.2 trillion off of House Democrats’ initial package, but it remains to be seen whether the formalization of their new “proffer,” as Pelosi put it, sufficiently closes the gap to put a deal within reach.