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MNI BRIEF: US Senate Could Begin Fiscal Reconciliation Next Wk

WASHINGTON (MNI)

U.S. Senate Majority Leader Chuck Schumer on Tuesday said he has told Democrats that a procedural vote beginning the process of passing additional fiscal relief could come as early as next week.

Schumer remains open to reaching a deal with Senate Republicans on fiscal aid, but as a backup senators should be prepared for a vote on a budget resolution next week. The vote would be an early step in the budget reconciliation process that could take weeks to complete and would depend on party-line passage of the new administration's fiscal relief proposal.

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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