Published: Thu, March 26, 2020
Health Care | By Cedric Leonard

Obama, Biden veterans slam Pelosi's coronavirus bill: 'Have we learned nothing?'

Obama, Biden veterans slam Pelosi's coronavirus bill: 'Have we learned nothing?'

"(Lindsey) Graham and some other Republicans, they are just terribly upset that low-income workers might receive a bit more money than they otherwise would have earned", Sanders told CNN's Anderson Cooper, before the chamber voted on the bill. "I'm going to vote for it". "To improve this legislation was worth taking an extra day or two", Senate Minority Leader Charles E. Schumer (D-N.Y.) said.

The comprehensive aid package includes direct payments to Americans, an expansion of unemployment insurance and billions in aid to large and small businesses.

Eric Ueland, the White House legislative affairs director, said after the agreement was reached that the "the president and his team look forward to swift action for urgently needed assistance to the American people and powerful aid to the nation's economy as we work through this crisis".

Treasury Secretary Steven Mnuchin, who negotiated with Senate leaders on the bill, said Trump would "absolutely" sign the Senate bill as it reads now and urged House Speaker Nancy Pelosi to pass it in the House without adjustment.

House Majority Leader Steny Hoyer of Maryland said the compromise wasn't ideal, but was far better than initial versions of the bill. The revamped bill would provide one-time direct payments of $1,200 to all adults who make up to $75,000 a year, $2,400 per married couple, and $3,000 for family of four, according to AP. She said the initial draft of the bill that McConnell presented Sunday was a "non-starter" and Democratic chairs of committees in the House of Representatives worked to shift its focus from corporations to workers.

Pelosi said in a Tuesday interview that she hopes to pass the bill via unanimous consent, a procedure that does not require the lawmakers' physical presence.

The stimulus also beefs up unemployment insurance by increasing the maximum benefit by $600 per week for the next four months.

Republicans won inclusion of an "employee retention" tax credit that's estimated to provide $50 billion to companies that retain employees on payroll and cover 50% of workers' paycheck up to $10,000.

COVID19 patients describe a loss of smell and taste
The Centers for Disease Control and Prevention lists fever, cough, and shortness of breath as the core coronavirus symptoms. We propose that these symptoms be added to the list of screening tools for possible COVID-19 infection.

- $500 billion will go to struggling corporations in the form of loans, including $75 billion specifically for hard-hit industries like airlines and hotels.

An inspector general and a congressional panel would monitor where the money goes and on what terms to prevent unfair practices; the package proposes that every loan document be made public.

Exact details of all the provisions in the historic bill are yet to be revealed, but major parts have been leaked.

Other objections floated in from New York Gov. Andrew Cuomo, who has become a prominent Democrat on the national scene as the country battles the pandemic.

The size of the stimulus package is unprecedented, dwarfing the approximately $800 billion Obama stimulus that passed five months after the 2008 financial crash.

The legislation itself expands on a Republican proposal issued last week, called the CARES Act - the Coronavirus Aid, Relief, and Economic Security Act.

But Cuomo said the Senate package would send less than $4 billion to NY, far short of his estimate that the crisis will cost his state up to $15 billion over the next year.

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