News

#Democrats unveil $2.2 trillion coronavirus relief proposal

#Democrats unveil $2.2 trillion coronavirus relief proposal

House Democrats on Monday night unveiled a scaled-down $2.2 trillion coronavirus aid package in an attempt to revive long-stalled talks with the Trump administration on the measure.

The package, $1.2 billion less than the version that passed the lower chamber in May, would include a second round of $1,200 checks to most Americans and bring back a $600-a-week jobless benefit.

Previous coronavirus relief packages were negotiated between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.

Talks between the two for a new measure have never gained steam, but House Democrats hope the latest proposal will bring White House negotiators back to the table.

“We’ve come down $1 trillion, and they need to come up because we have to crush this virus,” Pelosi said Monday on MSNBC.

“It takes money to crush the virus. It takes money to make the schools safe. It takes money to put money in people’s pockets.”

Though their newest package was substantially slashed, it’s still far above the $650 billion to $1 trillion range Senate Republicans are aiming for.

Monday’s proposal would send $436 billion to state and local governments, $225 billion to colleges and universities, and deliver another round of subsidies to businesses under the Paycheck Protection Program.

With Post wires

For forums sites go to Forum.BuradaBiliyorum.Com

If you want to read more News articles, you can visit our News category.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!