U.S. Faces Dwindling Chance of Stimulus Deal as House Returns

The transcript discusses recent changes in the fiscal stimulus landscape in Washington DC, highlighting that top Republicans, including Senator Richard Shelby, suggest that new stimulus measures may not be passed before the November 3rd elections, potentially waiting until the lame duck session. The urgency to reach a budget deal to prevent a government shutdown is emphasized, with several stimulus programs set to expire soon. The discussion also covers the US's leading position in fiscal stimulus spending compared to other countries, influencing policymakers' decisions.

What does the speaker imply about the timing of fiscal stimulus in relation to the lame duck session?

How does the United States compare to other countries in terms of spending on fiscal stimulus?