Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ US https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Mitch McConnell intervenes in democratic stimulus plan, says it is “unusual”

Mitch McConnell intervenes in democratic stimulus plan, says it is “unusual”

  • Senate Majority Leader Mitch McConnell tore up a $ 2.2 trillion Democratic House stimulus plan Wednesday, describing it as “unusual.”
  • “We are very, very far from the deal,” McConnell told Capitol Hill reporters.
  • Senate Republicans agreed with previous Democratic spending proposals and did not voice their $ 1 trillion plan in August.
  • Visit the Business Insider homepage for more stories.

Senate Majority Leader Mitch McConnell on Wednesday tore up a $ 2.2 trillion Democrat House stimulus plan, describing it as “unusual” and saying the amount was “too high.”


“We’re very, very far behind in the deal,” McConnell told Capitol Hill reporters.

The Kentucky senator earlier in the day attacked the Democratic Party’s proposal, saying it was not a serious attempt to get Senate Republicans back on the negotiating table.

“The latest bill from the speaker is no more serious than any of their political stunts that go back months,” McConnell said on the Senate floor, adding, “If they continue to refuse to be serious, then American families will continue. to hurt. “

Deputies were pressured to make a deal before retiring next week before the election. Finance Minister Stephen Mnuchin and Parliament Speaker Nancy Pelosi met for 90 minutes on Wednesday to discuss a compromise on the coronavirus relief package.

Read more: Incentive negotiations resume while traders work for the next round of inspections. Here’s everything you need to know about the rescue package.

Pelosi said in a statement after the meeting that while some areas need “further clarification”, talks will continue. Mnuchin, meanwhile, expressed optimism and told reporters that there had been “great progress over the past few days,” according to a Capitol Hill report.

“We don’t have an agreement yet, but we still have work to do,” he said. “And we’ll see where we get to.”

Earlier in the day, Mnuchin described the counter-profession as a $ 1.5 trillion relief plan comparable to that proposed by a bipartisan group of lawmakers earlier this month.

Democrats initially set the stage for a vote on the package on Wednesday night, but postponed it until Thursday, hoping to give more time for a last-minute deal with the White House, CNN reported.

The House of Democrats unveiled its plan Monday, a thinner version of the $ 3.4 trillion spending package they approved in May but were rejected by Republicans. The measures include reimbursing $ 600 a week in federal unemployment benefits until January, sending a new round of $ 1,200 in direct payments to taxpayers, and providing additional federal assistance to states and small businesses.

Senate Republicans drafted a $ 1 trillion stimulus plan in late July, but failed to garner significant support from Republican senators, many of whom opposed government spending that would increase federal debt. Another $ 650 billion GOP proposal was blocked by Democrats earlier this month, who dismissed it as inadequate.

Both sides remain divided on a number of issues, including federal unemployment benefits, state aid, protection of business responsibility and overall spending levels.

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