Here Are the Key Points of GOP's Virus Relief Package

Andrew Cummings
July 29, 2020

Senate Republicans have struggled for days to hammer out internal differences in crafting their long-anticipated COVID-19 economic relief plan, which they released Monday afternoon as several separate individual bills.

The Democratic-led House in May passed its US$3 trillion coronavirus relief Bill known as the "HEROES Act", but the Republican-led Senate would not consider it.

An additional $500 for dependent children, ages 17 and younger, up to three. This will mean drastic cuts to essential services like health care, education and public safety when people need them the most. It would be gradually phased out for people with taxable income up to $99,000; those above that income level would be ineligible for payments.

Aside from the reckless and unconscionable delay, the HEALS Act fails miserably on two crucial objectives: supporting the people most harmed by the coronavirus recession and ensuring a robust economic recovery.

Many Republicans insist the expiring unemployment payout encourages Americans to stay home rather than go back to work by paying them more than their previous wages.

Senate Majority Leader Mitch McConnell (R-Ky.) holds a press conference after a pro forma session where the Senate passed a almost $500 billion package to further aid small businesses due to the COVID-19pandemic, at the US Capitol in Washington on April 21, 2020.

When asked about the provision, Graham said that it "makes no sense to me".

McConnell has previously made clear that the GOP proposal serves as a starting point in negotiations over the next stimulus measure.

Senate Leader Chuck Schumer (D-N.Y.) and House Speaker Nancy Pelosi (D-Calif.) met with White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin, according to reports.

In a joint statement late Monday, the American Federation of Teachers, Care in Action, Community Change Action, Greenpeace, and MoveOn warned that if passed, the Republican proposal "would devastate America". "It literally provides zero support for state and local governments that are fighting through this crisis". "So where is the savings in all of that?"

Multiple Republican senators call the plan too costly.

It includes almost $30 billion for the military and defense industry, in addition to almost $760 billion already enacted for defense this year - including more than $10 billion in previous coronavirus relief bills.

Beyond party divisions, the Kentucky Republican also has been buffeted by demands from the White House, such as President Donald Trump's insistence on a payroll tax holiday, that had little support among Republicans or Democrats. "That's just a fact".

The back-biting came as a $600-per-week enhanced coronavirus unemployment benefit was due to expire on Friday. Advertisement " Well, regarding that proposal, obviously we had to have an agreement with the administration in order to get started", McConnell said Monday evening. "It's a very strong package".

Many small businesses have reported that workers are turning down coming to work because they are paid more by the combination of state and federal benefits than what they earned. "States have experience programming a specific dollar amount for a plus-up", the association said in a July 23 memo discussing various options that Congress might adopt. The payment is on top of state jobless benefits that together help workers cope with the economic shock of the pandemic.

The United States Senate Republicans unveiled a $1 trillion coronavirus relief bill on Monday night.

When asked about the provision at a news conference, McConnell momentarily suggested he didn't know it was in the bill, then pointed reporters to the administration.

The President responded to the question by insisting that a new building was needed, adding that he wants the Federal Bureau of Investigation to remain where it is, saying that despite the consideration of other locations "the site they have now is better".

Other reports by iNewsToday