McConnell announces votes Tuesday and Wednesday on GOP stimulus measures

The votes, which Senate Majority Leader Mitch McConnell introduced on Saturday, come as he tries to place growing political stress on Democrats to assist the PPP measure whereas negotiations over a sweeping coronavirus relief package stay stalled.

It just isn’t recognized what number of Democrats may assist it, however it’s unlikely that the Senate Republican majority will get the required assist to advance the invoice.

McConnell had introduced on Tuesday that Senate Republicans would try to maneuver ahead on a “targeted” coronavirus aid invoice when the Senate returns to session.

“Republicans do not agree that nothing is better than something for working families,” he mentioned in a press release referencing the small enterprise mortgage Paycheck Protection Program. “The American people need Democrats to stop blocking bipartisan funding and let us replenish the PPP before more Americans lose their jobs needlessly.”

In distinction, Democrats have been pushing for a brand new stimulus with a price ticket of greater than $2 trillion. House Speaker Nancy Pelosi’s workplace mentioned she is going to communicate with Treasury Secretary Steve Mnuchin by telephone Saturday night, although significant policy disputes stay over what the invoice ought to embrace.

The motion on Capitol Hill is simply the most recent in months of again and forth between the 2 events and the Trump administration — with the partisan majorities in each chambers passing or trying to move their very own most popular laws, solely to have it rejected out of hand by the alternative facet.

The Trump administration has made a number of makes an attempt to barter with House Democrats, however a breakthrough has remained far out of attain all through the course of the summer time.

The stress to strike a deal has turn out to be more and more pressing with unemployment ranges elevated, an epidemic of small enterprise closures, and the tip of the direct funds and enhanced unemployment insurance coverage that helped float households and people all through the pandemic-created financial shutdowns.

The pending end result, in response to economists, may very well be devastating if Congress and the Trump administration don’t attain an settlement.

Pelosi and Mnuchin did make tangible progress of their talks Thursday. Mnuchin agreed to simply accept “with minor edits” the Democratic language on a nationwide strategic testing, tracing and surveillance proposal, in response to Pelosi’s spokesman Drew Hammill.

But Pelosi made clear to colleagues in a letter that a number of very vital coverage disputes are nowhere close to resolved.

CORRECTION: This story has been up to date to appropriately title the Paycheck Protection Program.

CNN’s Manu Raju and Phil Mattingly contributed to this report.

Source link

Leave a Reply

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

This site uses Akismet to reduce spam. Learn how your comment data is processed.