Pelosi, Schumer Explosion $ 916B White House Coronovirus Relief Offer

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WASHINGTON – House Speaker Nancy Pelosi and Senate Minority Chuck Schumer on Tuesday rejected the Trump-backed $ 916 billion coronovirus relief proposal introduced by Treasury Secretary Steven Menuchin.

The Associated Press reported that House GOP Leader Kevin McCarthy said the plan proposes direct payments of $ 600 for individuals and $ 1200 for couples, half the payment given by the March epidemic relief bill.

In a joint statement, Schumer and Pelosi described it as progressing that Senate Majority Leader Mitch McConnell, R-Ky., Supported the cost of the package, but indicated that the proposal was already ongoing bipartisan among lawmakers Was interrupting the talks. Democratic leaders also made it clear that a reduction in unemployment benefits is on the table, something they can never support.

“The president’s proposal begins by cutting the unemployment insurance proposal being discussed by bipartisan members of the House and Senate from $ 180 billion to $ 40 billion. This is unacceptable,” he said.

Mnuchin said that he had spoken to Pelosi on behalf of President Donald Trump and presented the plan, which he said is larger than the bipartisan proposal of $ 908.

“The proposal includes funding for state and local governments and strong liability protection for businesses, schools and universities,” Mnuchin said. “As part of this proposal, we will fund it using $ 140 billion in unused funds from the Paycheck Protection Program and $ 429 billion in Treasury funds.”

The White House proposal came after McConnell suggested lawmakers negotiate a bipartisan plan that set aside two of the most controversial parts of their negotiations – aiding the state and local governments and a liability shield for employers. However, Schumer and Pelosi rejected that view.

Meanwhile, a group of progressive Democratic senators led by Bernie Sanders sought to add another round of $ 1200 to the plan, with a total value of $ 300 billion. Senator Josh Hawley, R-Mo., Said Tuesday that he spoke to Trump over the weekend about adding incentive checks to the package.

The bipartisan framework does not include direct incentive payments.

According to the latest developments, Congress is expected to bear a government spending that will extend the funding deadline by a week to December 18 to buy more time for these bipartisan negotiations.

Garrett Hacke has contributed.

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