US: House passes $2.2t Democratic coronavirus stimulus bill
The House passed a $2.2t Democratic coronavirus stimulus plan on Thursday night even as Democrats and the Trump administration struggle to strike a relief deal. The chamber approved the legislation in a 214-207 vote. Eighteen Democrats voted against the measure as lawmakers in competitive districts grow wary of the ongoing impasse over aid. The bill likely will not get through the Republican-held Senate and become law. Senate Majority Leader Mitch McConnell has opposed the legislation as his caucus resists spending trillions more on the federal response to the pandemic. The vote followed a Thursday conversation between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin in which they did not forge an aid agreement but agreed to continue talks. They failed to bridge a gulf on a range of issues, including how much aid to send state and local governments and whether to establish a liability shield for businesses and schools. The Democratic bill would send $25b to airlines to cover payroll costs. Mnuchin countered the Democrats’ plan Wednesday with a $1.6t proposal. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-10-02/general/us-house-passes-2-2t-democratic-coronavirus-stimulus-bill
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US: House passes $2.2t Democratic coronavirus stimulus bill
The House passed a $2.2t Democratic coronavirus stimulus plan on Thursday night even as Democrats and the Trump administration struggle to strike a relief deal. The chamber approved the legislation in a 214-207 vote. Eighteen Democrats voted against the measure as lawmakers in competitive districts grow wary of the ongoing impasse over aid. The bill likely will not get through the Republican-held Senate and become law. Senate Majority Leader Mitch McConnell has opposed the legislation as his caucus resists spending trillions more on the federal response to the pandemic. The vote followed a Thursday conversation between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin in which they did not forge an aid agreement but agreed to continue talks. They failed to bridge a gulf on a range of issues, including how much aid to send state and local governments and whether to establish a liability shield for businesses and schools. The Democratic bill would send $25b to airlines to cover payroll costs. Mnuchin countered the Democrats’ plan Wednesday with a $1.6t proposal. <br/>