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US Senate Republicans to propose 300 billion coronavirus aid bill

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Reuters

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US Senate Republican leaders on September Eight will introduce an roughly $300 billion coronavirus support invoice, in response to senior aides, which Democrats promptly dismissed as inadequate for assembly the wants created by the pandemic.

The invoice can be augmented by some unspent funding from the CARES Act, which was enacted on the finish of March, in response to the aides who requested to not be recognized.

Included within the invoice is $10 billion for the US Postal Service, which is girding for a lot of mail-in ballots for the Nov. three presidential and congressional elections because of individuals petrified of voting in particular person due to the coronavirus pandemic.

The $10 billion would flip a Postal Service mortgage in CARES to a grant if its money reserve drops to $Eight billion, in response to a abstract.

“Senate Republicans seem dead-set on one other invoice which doesn’t come near addressing the issues and is headed nowhere,” Senate Democratic Chief Chuck Schumer and Home of Representatives Speaker Nancy Pelosi stated in a press release.

“This proposal is laden with poison capsules Republicans know Democrats would by no means assist,” they added.

In mid-Might, the Democratic-controlled Home accepted a fifth coronavirus support bundle totaling greater than $three trillion that Senate Majority Chief Mitch McConnell has not introduced up for a vote.

Final month, a collection of negotiations between Democrats and the White Home failed to supply a compromise, though Pelosi issued a proposal that will have pared down that value of her invoice by round $1 trillion.

Observe our full protection of the coronavirus pandemicright here.

First Printed on Sep 8, 2020 11:07 pm

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