Nancy Pelosi and Mitch McConnell BOTH making Covid stimulus bill with $1,200 checks a priority now that election is over
BOTH Nancy Pelosi and Mitch McConnell are making the coronavirus stimulus bill their top priority now that the election is over.
After months of negotiation between Pelosi and the White House it appears McConnell and the House Speaker are finally in agreement about passing a new relief bill by the end of the year.
During her daily White House briefing, Pelosi updated reporters on a stimulus package,and said she is “calling on the administration to come back to the table.”
Pelosi’s comments come after Senate Majority Leader McConnell said this week that a new relief bill is “job one” when Congress returns.
“As I’ve said repeatedly in the last few months, we need another rescue package. Hopefully, the partisan passions that prevented us from doing another rescue package will subside with the election,” McConnell said.
“I think we need to do it before the end of the year.”
On Friday, McConnell reiterated his claims and said the US needs another stimulus package, but insisted “something smaller rather than throwing another $3 trillion is more appropriate.”
Pelosi and Treasury Secretary Steve Mnuchin have been in talks for months over the proposal but no agreement has been reached yet.
The House Majority Leader has repeatedly said she's willing to work with the White House to reach an agreement whether Donald Trump or Joe Biden win the election.
Pelosi has also called for Republicans to restart aid talks that fell apart before the election, saying the “imperative to act could not be greater.”
The CARES Act, which was passed in March, provided financial assistance to millions of Americans who were left unemployed due to the coronavirus pandemic.
The act included benefits such as a $1,200 stimulus check and a $600 weekly unemployment bonus.
After the unemployment bonus reached its end in July, President Trump signed four executive actions extending the program to some degree.
However, all the most significant stimulus programs are expected to expire on December 31, 2020.
Both sides are negotiating a $2trillion package that includes $1,200 stimulus checks, unemployment benefits, small business aid, state and local funding.
The major issues that come in the way of an agreement are education funding, money allocated toward state and local government, coronavirus testing and unemployment benefits.
On Thursday, Rep. Cindy Axne (D-Iowa) addressed President Trump, McConnell and Pelosi to quickly act on a new relief bill.
“I urge you to act swiftly to reach a full agreement to fight the COVID-19 pandemic and provide relief to Americans who are suffering from the economic fallout.
“Not only is a relief package desperately overdue to the American people, but we are seeing cases of COVID-19 rapidly raising around the country,” she wrote in her letter.
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