Fiscal conservatives are bracing themselves again in Congress with the US House posturing to bring forward another coronavirus relief bill to the tune of an additional $2 trillion or more. House Speaker Nancy Pelosi told reporters yesterday that she was confident Congress would pass what she called “a strong bill”, saying “$1 trillion doesn’t do it for us. But we can negotiate from there.” She went on further to explain “We need $1 trillion for state and local. We need another $1 trillion for unemployment insurance and direct payments. Something like that, but probably not as much for the testing, tracing, treatment,” Pelosi told the press. Also this week, House Appropriations Committee Chairwoman Nita Lowery spoke of the need for the House to increase federal discretionary spending by at least another $250 billion for next fiscal year to address COVID-19 related issues. Brace for impact!