Senate Majority Leader Mitch McConnell said Tuesday he wants to stick to a revised Republican, restrained incentive bill. The leaked draft shows that the proposal does not include a second round of scrutiny.
The draft of the new plan, which was presented to Republicans and released to the media today, provides for another round of funding to protect the Paycheck Protection Program and corporate liability. The framework came shortly after Finance Minister Steve Mnuchin and White House Chief of Staff Mark Meadows met with McConnell and House Majority Leader Kevin McCarthy to negotiate provisions and discussions on areas of relief that would benefit President Donald Trump.
The Senate’s GOP targeted aid project is estimated at $ 332 billion for small businesses, $ 105 billion for education, “helping to get students back,” $ 31 billion for developing vaccines and testing strategies, $ 16 billion for tracing, testing and monitoring state contact, and 20 billion to further ease the economy. It does not include the second round of long-awaited direct payments, unemployment benefits or state aid, which Democrats have repeatedly called for.
McConnell said Trump will sign the bill and more help may be handed over in the near future. However, the draft was only a modest revision of an earlier guerrilla plan that had already been blocked twice. Some Democrats and a Republican quickly moved to resist McConnell’s draft.
“If it’s the same as what (McConnell) has put forward this summer, it’s going to be a one-party bill that won’t go into law,” said Susan Collins, a GOP senator in Maine. – And I want a bill that will be a law.
Trump had previously called on Republicans to “go big” on another aid package, but McConnell shot down a new bipartisan proposal on Tuesday, saying the targeted measure was his limit for now.
A coalition of Republican and Democratic senators, including Mitt Romney of Utah, today announced the $ 908 billion proposal, which in the middle of the road was a compromise to deal with the economic downturn in the pandemic as cases multiplied in most of the country.
The price tag was almost double the $ 500 billion “targeted” package proposed by McConnell, and not half of the $ 2.2 trillion demanded by House Speaker Nancy Pelosi, but fell to leaders on both sides of the political corridor.
“We don’t have time for messaging games, we don’t have time for lengthy negotiations. To get results, you have to have a presidential signature,” McConnell said. – We don’t have time to waste time.
Senate minority leader Chuck Schumer called the plan a “good effort,” but it was largely uninteresting.
“That’s not what the Democrats wanted, we didn’t expect it to serve all needs. But $ 908 billion is more than $ 0,” said Democratic Congressman Dinn Phillips, Minnesota, a problem-solving member. Newsweek. – No calculator is required to determine this.
Newsweek commented on Pelosi’s office.