Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ US https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Senate to vote on $ 500 billion GOP coronavirus stimulus bill Wednesday

Senate to vote on $ 500 billion GOP coronavirus stimulus bill Wednesday



Senate Majority Leader Mitch McConnell (R-KY) goes to his office on Capitol Hill in Washington, September 10, 2020.

Joshua Roberts | Reuters

The Senate will vote on a bill of 500 billion. Dollars on coronavirus stimulus on Wednesday, Senate Majority Leader Mitch McConnell said Saturday as a major two-party deal remains elusive despite continued talks between top Democrats and the Trump administration.

McConnell accused his opponents across the political aisle of the current stalemate, arguing that the Senate has enough time to pass the GOP stimulus package and confirm Supreme Court nominee Amy Coney Barret, whose “Democrats do not hinder this legislation.”

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“No one thinks this $ 500B + proposal will solve any problem forever,” McConnell said in a statement Saturday. “It would provide huge amounts of extra help to workers and families right now, while Washington continues to quarrel about the rest.”

Democrats have accused McConnell of proceeding with Barrett’s confirmation instead of focusing on passing stimulus legislation. Democrats blocked a $ 500 billion Republican plan Dollars in the Senate last month and is likely to reject the latest GOP proposal as inadequate.

The chances that Congress can pass new aid before the November 3 presidential election are weakened, as the Senate GOP plan is more limited than what the Trump administration or Democrats have proposed.

The GOP bill will include funding for schools, expanded unemployment benefits and a second round of the payroll protection program, McConnell said. The Senate will vote on the bill a day after an independent vote on more PPP funds on Tuesday.

Earlier this month, Treasury Secretary Steven Mnuchin offered House President Nancy Pelosi a $ 1.8 trillion stimulus offer, approx.

Pelosi, whose party passed a $ 2.2 trillion bill in Parliament, rejected the White House’s proposal, saying it “was a step forward, two steps back.” Senate Republicans, on the other hand, oppose the White House package as too big.

Pelosi and Mnuchin continued their negotiations this week, although they were unable to reach an agreement. Both sides characterized the talks as productive, but said there are still big differences.

Congress has not pushed through new emergency legislation for several months as coronavirus worsens across the United States and millions of Americans remain unemployed.

– CNBC’s Jacob Pramuk contributed reporting


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