Published: Tue, March 24, 2020
Electronics | By Kelly Massey

McConnell: US closer to $1T Covid-19 deal

McConnell: US closer to $1T Covid-19 deal

All things considered, McConnell nearly certainly knows that the Senate Republican leadership's plan won't pass - there's a Democratic-led House, after all - and it seems like an opening bid as negotiations get underway.

Democrats on Monday again blocked a almost $2 trillion rescue package for the teetering U.S. economy, highlighting a bitter partisan battle over how to best protect struggling Americans and crippled businesses from the ravages of coronavirus.

Democrats have been less than enthusiastic about the package, saying they want more support for workers and families, and more money for unemployment compensation.

Democrats have said the Republican plan failed to sufficiently protect millions of American workers or shore up the critically under-equipped health care system during the coronavirus crisis.

"We'll be doing a world record speed for this place", said North Dakota Senator Kevin Cramer.

Mr. McConnell said the measure they're finalizing bill meets the broad goals he laid out days ago: "It will send direct relief to the American people, deliver historic assistance to small businesses so workers can keep getting paid, help secure our economic foundations and prevent layoffs, and surge more resources onto the front lines of our courageous healthcare professionals' fight to defend Americans and defeat the virus".

The administration had announced earlier in the week that it would delay the payments, a move that Mnuchin said would leave $300 billion in the economy at a critical time.

The House of Representatives has been on a scheduled recess this week, although House Speaker Nancy Pelosi has been kept informed about the Senate's progress.

"We are beginning to review Senator McConnell's proposal and on first reading, it is not at all pro-worker and instead puts corporations way ahead of workers", they said in a joint statement released on Thursday night.

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Dhiman said that the singer was doing well otherwise but would remain in hospital until she tested negative for the virus. She had attended as many as four parties and even the President of India have been put on quarantine because of her.

He accused Republicans of trying to "skimp on funding" to address shortfalls for hospitals, equipment, medical personnel and other health care infrastructure.

Once the measure clear the Senate, the bill would then need to go to the House, which plans to meet for legislative business on Tuesday.

"Later is no good", he said.

The measures also came as the death toll and contagion confirmations continued to rise - especially in hotspots like New York - and several states including California, New York and IL effectively went into lockdown in a bid to halt the virus's spread. That plan was signed into law Wednesday by President Donald Trump.

"There's tremendous spirit to get something done", Trump said. Pelosi argues that the American people are in need of direct help. That means taking bold action to help workers and small businesses first by greatly increasing unemployment insurance and Medicaid, making massive investments to help small businesses survive, expanding paid sick and family leave, and putting money directly into the hands of those who need it most.

Pundits also worry McConnell and Schumer's time butting heads during the Mueller probe could set an uneasy stage for negotiations. "We're going to fight hard to get them in".

The U.S. Senate is scrambling to complete a $1 trillion agreement to provide relief to the economy and workers, as bipartisan negotiators try to strike a deal by midnight Friday to again respond to the COVID-19 pandemic.

"Both parties in Congress must work together, as swiftly as possible, to get something done that is as big and bold as possible".

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