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Congress is reportedly close to agreeing on a $900 billion stimulus package, but a new proposal from Republican Sen. Pat Toomey threatens to derail talks ahead of a midnight deadline.

The senator argued on Thursday that a new condition should be added to the deal that limits the Federal Reserve’s ability to lend through emergency aid programs. Democrats quickly balked at the measure and accused Toomey of standing in the way of a near-term agreement.

“We almost have a bipartisan COVID package, but at the last minute Republicans are making a demand that was never mentioned details ⇒

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