After Mitch McConnell confirmed earlier reports on Monday that the GOP bill would drop the $600 per week bonus unemployment stimulus to $200, and includes another $1,200 in direct payments to American adults, Senate Minority Leader Chuck Schumer took to the Senate floor and stomped on his crayons - calling the Republican proposal "Unworkable."
The White House and Senate Republicans are set to propose cutting the $600 weekly emergeny unemployment bonus down to $200 until states can implement a new approach which would pay workers 70% of their pre-pandemic income, according to the Washington Post's ever-anonymous DC leakers.
The GOP is planning to release a letter later on Monday which will outline their $1 trillion stimulus bill aimed at mitigating the economic fallout from the coronavirus, as the $600 per week jobless benefit is set to expire at the end of the month.
Over the weekend, Treasury Secretary Steven Muchin and White House Chief of Staff Mark Meadows suggested that Congress might do better passing a narrow bill in the short-term, which would include money for schools, unemployment insurance and pandemic-linked liability protections for various industries.
There will be no money for state and local governments in the Republican plan - a central component of House Democrats' $3 trillion bill passed in May. Instead, $150 billion from the March Cares Act will be made available for state and local leaders.
Democrats are now attacking Republicans over the delays.
"We have unemployment running out, we have renter protection running out, we have state and local governments going into new month and won't have the money and will lay off thousands and thousands of people," said Senate Minority Chuck Schumer Monday morning on MSNBC. "We're at all these cliffs and we still at this very moment don't have a plan from the Republicans.
The White House and Senate Republicans are set to propose cutting the $600 weekly emergeny unemployment bonus down to $200 until states can implement a new approach which would pay workers 70% of their pre-pandemic income, according to the Washington Post's ever-anonymous DC leakers.
The GOP is planning to release a letter later on Monday which will outline their $1 trillion stimulus bill aimed at mitigating the economic fallout from the coronavirus, as the $600 per week jobless benefit is set to expire at the end of the month.
Over the weekend, Treasury Secretary Steven Muchin and White House Chief of Staff Mark Meadows suggested that Congress might do better passing a narrow bill in the short-term, which would include money for schools, unemployment insurance and pandemic-linked liability protections for various industries.
There will be no money for state and local governments in the Republican plan - a central component of House Democrats' $3 trillion bill passed in May. Instead, $150 billion from the March Cares Act will be made available for state and local leaders.
Democrats are now attacking Republicans over the delays.
"We have unemployment running out, we have renter protection running out, we have state and local governments going into new month and won't have the money and will lay off thousands and thousands of people," said Senate Minority Chuck Schumer Monday morning on MSNBC. "We're at all these cliffs and we still at this very moment don't have a plan from the Republicans.
No comments:
Post a Comment