President BidenJoe BidenDOJ dismissed the lawsuit against Melania Trump, the author of the betraying book. Google is extending election security support to federal, state campaigns. Biden supports the COVID-19 verification threshold proposed by the House Democrats he said on Tuesday he agrees with the House Democrats ’proposal to begin cutting off the next tranche of next corona virus clearance payments to Americans earning more than $ 75,000, a key point for some members of the party.
Biden indicated his support for the threshold when he held a meeting with executives at several large corporations in the Oval Office. He hosted business leaders to ask for a takeover of his $ 1.9 trillion aid plan and to discuss future economic measures such as the infrastructure package and raising the minimum wage.
“I really want to hear what these business leaders have to say about what they think about how we approach this issue and see if we can find some common ground,” Biden said.
Tuesday’s meeting was attended by JMie Dimon, CEO of JPMorgan Chase, Tom Donohue, CEO of the U.S. Chamber of Commerce, Doug McMillon, CEO of Walmart, and Sonia Syngal, CEO of Gap Inc.
Biden was joined by Vice President Harris and Secretary of the Treasury in the Oval Office Janet YellenJanet Louise YellenMarkets Hope Highly for Biden’s Aid Plan for MONEY: CBO Estimates Cause Waves | Democrats Expand Child Tax Credit Wyden Exercises Hill 12:30 Report: Senate Prepares for Prosecution Trial to Start MORE.
The meeting comes as the White House and congressional Democrats work to promote Biden’s economic aid package, which would send direct payments to millions of Americans, provide funding to schools and state and local governments, and increase money to distribute vaccines.
The House Democrats released the most important part of their corona virus clearance bill on Monday night. The proposal required $ 1,400 in direct payments to single taxpayers with an annual income of up to $ 75,000 and to married couples earning up to $ 150,000.
Payments would quickly cease above the income threshold, and single lawyers with incomes above $ 100,000 and couples with incomes above $ 200,000 would not be eligible for any payments.
There was controversy among moderate Democrats over the deduction of direct payments, who feared that incentive checks were not targeted enough and suggested that payments should be phased out sooner.
But progressives say income needs should not be tightened so that people who have lost a significant amount of income during a pandemic can get their salaries quickly.