Washington — A bipartisan group of legislators in the House and Senate unveiled a $908bn stimulus proposal on Tuesday in an effort to break a months-long impasse that is now threatening to tip the economy back into contraction.

Neither Republican nor Democratic leaders have signed on to the plan so far, however, leaving it facing the same long odds as a bipartisan House proposal that failed before election day. President-elect Joe Biden has so far backed House speaker Nancy Pelosi, who has pushed a $2.4-trillion bill...

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