Blog | Update on Stimulus and Coronavirus

Update on Stimulus and Coronavirus

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Author : Gerard Tirico | Dec 13, 2020

    

  • As his presidency nears its end, Donald Trump is once again asking Congress to include another round of coronavirus stimulus checks in the next relief package.
  • "Right now, I want to see checks — for more money than they're talking about — going to people," Trump said in a Fox News interview that aired Sunday.
  • Members of Congress are engaged in talks about a $908 billion bipartisan relief package that does not include any money for additional stimulus checks. 
  • It's unclear whether Congress will pass this package before the Biden administration takes over on January 20.
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President Donald Trump is spending his final weeks in office urging Congress to include another round of coronavirus stimulus checks in the next relief package.

Speaking to Fox News' Brian Kilmeade, Trump said he wants stimulus checks to be approved for "more money" than the options currently on the table. 

"I'm pushing it very hard, and to be honest with you, if the Democrats really wanted to do the deal, they'd do the deal," Trump said in the interview, which aired this past Sunday.

"Right now, I want to see checks — for more money than they're talking about — going to people," he added.

After months of stalemate and inconclusive discussions, Congress has once again resumed relief talks, this time turning to a $908 billion bepartisan package that does not include any money for stimulus checks. 

In October, the Democratic-led House passed a $2.2 trillion  package. But Sen. Majority Leader Mitch McConnell struck it down and proposed a $500 billion package as an alternative option. Then discussions reached another stalemate, as Democrats disagreed with the severe downsize in the amount of money allocated and Republicans refused to budge higher.

The last time Congress passed a stimulus was in May, which gave millions of Americans $1,200 each to offset the financial difficulties brought on by the pandemic. Since then, various signs, such as a dip in grocery spending, have suggested that Americans are hurting for cash.

With President-elect Joe Biden scheduled to take office on January 20, it's unclear whether Congress will even negotiate the $908 billion measure in time for the bill to make it to Trump.

The proposal was intended to be a compromise between the two parties. But Republican lawmakers, including McConnell, are signaling that they are opposed to the packsge.

The Republican Senate leader said Trump would not sign off on the current package as it stands.

"At the risk of repeating something we all know, making law will require not just the Senate's approval, but also the signature of the President of the United States," McConnell said in a statement earlier this month.

He said his own plan — which is a slimmed-down version of the $908 billion proposal — would go through.

As Business Insider's Mia Jankowicz reported, neither the $908 billion package nor McConnell's proposal includes additional money for another round of stimulus checks. 

The White House has been pushing for a second roundof checks for weeks. 

Two senators are echoing the president's pleas to Congress have teamed up to urge Congress to allocate enough money in the next stimulus bill to cut every American who earns up to $75,000 a $1,200 check.

The coronavirus pandemic
  • Pfizer's coronavirus vaccine should be safe for most Americans.
  • A medical conference held in late February in Boston may have caused up to 300,000 infrctions.
  • Every US state will start receiving Pfizer's coronavirus vaccine Monday morning, with immunizations starting before the end of the week/
  • PFIZER SHOT GETS OK: US regulators greenlight the first immunizations for emergency use.
  • How Lufthansa Cargo will ship up to 10 million doses a day.
  • US government is buying another 100 million doses of Moderna's vaccine bringing the total to 200 million.


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