The White House is now saying that it would prefer a comprehensive pandemic aid package rather than the individual bills it had been advocating for earlier in the week, according to Bloomberg. It is the latest of many recent reversals that have given observers the feeling of watching a tennis match. 

On Tuesday, the White House abruptly cut off negotiations for a pandemic aid package, which had recently resumed (though to little effect it seemed). That night, the administration reversed course and said the talks should continue, but that aid should come in the form of standalone bills rather than a comprehensive package. After the idea was more or less rejected out of hand by House Speaker Nancy Pelosi (D-Calif.) Thursday—she said she'd consider only a standalone airline aid bill, and, even then, only as part of a broader package—the administration backtracked once more and now, as of today, said it once again wants a broad package.

Yet, even if the negotiations ultimately produce a bill, it will still need to satisfy Senate Republicans, which will be a tough sell. Senate Majority Leader Mitch McConnell (R-Ky.), who earlier said that any bill that passes as a compromise for Democrats will still be too expensive for Republicans, said reaching agreement would be unlikely, despite the fact that the White House itself also be backing such a final deal. 

The Foundation for Accounting Education's upcoming Business and Industry Conference Part 1 and Part 2 webcast on Oct, 21 will cover topics of how business leaders are surviving this economic downturn.