On Wednesday, U.S. congressional negotiators were “closing” the বিল 900 billion Covid-19 aid bill, which would include a $ 600- ০০ 600 stimulus check and increased unemployment benefits as Friday’s deadline expires.
Top members of the Democratic-controlled House of Representatives and Republican-controlled Senate have reacted freshly to a crisis in just a few months that seemed more positive than the fact that more than 304,000 Americans have been killed and millions fired.
For months, Republicans have been pushing guns for a stimulus package with a much lower price tag than Democrats want. Both sides seem to have found the first basis in a 908bn relief package – t 1tn less than the first stimulus package.
On Wednesday, their colleagues were fighting to draft a legal language as the rate of Kovid-19 infection rose to new heights as the United States began vaccinating people. The American economy is showing signs of weakening.
A source familiar with the talks said the negotiators were looking for a way to change the way they help hard-hit states and local governments, which has largely become a democratic priority, but Republicans have opposed it, a source familiar with the talks said. The move, which must be linked to a spending bill by Friday to avoid a government shutdown, is not expected to include new protections for companies from epidemic-related lawsuits, something higher on the Republican agenda.
The chamber’s No. 2 Democrat, Senator Dick Durbin, said the goal was to reach an agreement on Wednesday and get it ready for a vote on Thursday.
Republican Senate Majority Leader Mitch McConnell said he felt optimistic.
“We are moving forward with the delivery of a targeted epidemic relief package,” McConnell told the Senate. “We need money to distribute vaccines, we need to re-up our paycheck protection program to save jobs, we need to continue to provide uprooted Americans.”
The Paycheck Protection Program (PPP) is a federal loan and grant assistance program for small businesses affected by the epidemic.
But House Democratic leader Stanley Hoyer said if the deadline for approving spending measurements is not met by midnight on Friday, he could imagine another three- or four-day deadline spending bill to keep government agencies open while negotiations continue.
Republican Sen. John Thun, the No. 2 senator, said the amount of direct money proposed to individuals would be around $ 600 to $ 700 per person.
Mark Ritako, director of public affairs for the National Association of Counties, said Carriage could take some steps to help local authorities, including the Covid-19 relief bill, passed in March, a one-year extension of unused funds provided by the Care Act.
Congress further hopes that Congress will increase the number of people who can get help to include smaller counties, especially since they need to apply the new vaccine. It recommended that the federal government pay more local Covid-19 relief expenditures already in part through the Federal Emergency Management Agency (FEMA), as well as personal protective equipment for schools and other government buildings.
But some Republicans warn that paying FEMA more is a cyclical way to provide more state and local government support.
“If it’s just a way to disguise money for state and local governments, we’ll have a lot of opposition,” Thun said.
The main moment in this discussion comes after the initial recovery from the recession triggered by the epidemic earlier this year, with the U.S. economy clearly weakening. Left at home
Joe Biden said the stimulus package is encouraging but more help will be needed.
“It looks like these are very, very close, and it looks like there’s going to be direct cash payments, but it’s a down payment – a significant down payment – with what to do at the end of January, in February,” the president told elected journalists.
According to the Commerce Department, retail sales declined unexpectedly in November, with consumer growth in goods and services showing softness across the board.
The Federal Reserve on Wednesday promised more cash in the future in the financial market to fight further recessions, even as policymakers ’outlook for the year following the initial rollout of the coronavirus vaccine improved further.