Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ US https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ The Senate will vote on a bill to stimulate the GP’s coronavirus to $ 500 billion on Wednesday

The Senate will vote on a bill to stimulate the GP’s coronavirus to $ 500 billion on Wednesday



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

Joshua Roberts Reuters

The Senate will vote on a $ 500 billion coronavirus stimulus bill Wednesday, Senate Majority Leader Mitch McConnell said Saturday as a larger bilateral deal remains elusive despite ongoing talks between senior Democrats and the Trump administration.

McConnell blamed his opponents on the political path for the current stalemate, arguing that the Senate had ample time to adopt the GP̵

7;s stimulus package and reaffirm Supreme Court nominee Amy Connie Barrett if “Democrats do not impede the legislation.”

“No one thinks this $ 500 billion + 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 argue about the rest.”

Democrats accused McConnell of continuing with Barrett’s reaffirmation instead of focusing on enacting incentive legislation. Democrats blocked the Republican $ 500 billion plan in the Senate last month and are likely to dismiss the GOP’s latest proposal as insufficient.

The chances of Congress passing new aid ahead of the Nov. 3 presidential election are slimmer, as the Senate’s GP plan is more limited than what the Trump administration or Democrats have proposed.

The GOP bill will include funding for schools, extended unemployment benefits and a second round of the Wage Protection Program, McConnell said. The Senate will vote on the bill one day after a separate vote on more PPP funds on Tuesday.

Earlier this month, Treasury Secretary Stephen Mnuchin offered Parliament Speaker Nancy Pelosi a $ 1.8 trillion stimulus deal, about $ 400 billion less than a bill proposed by the House of Democrats earlier this month.

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

Pelosi and Mnuchin resumed talks this week, although they failed to reach an agreement. The two sides described the talks as productive, but said major differences remained.

Congress has not passed new relief legislation for months as the coronavirus worsens in the United States and millions of Americans remain unemployed.

– Jacob Pramuk from CNBC participates in the reports


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