Politics

BREAKING: Pelosi Rejects Senate Stimulus Bill, Says House Will Craft Own Legislation

Speaker Nancy Pelosi announced Sunday morning that House Democrats are not ready to sign on to an emergency stimulus bill that has been proposed by the Senate, saying “From my standpoint, we are apart.”

Leaving Sunday’s meeting, Pelosi said that she will introduce her own legislative package but that “we are still talking” with Republican leaders. She said that at this point, however, there is no bipartisan deal.

Senate Republicans introduced a bill Thursday that would mete out stimulus payments to Americans based on 2018 tax filings.

From NBC:

According to details of the bill released Thursday, Senate Republicans are proposing giving a $1,200 check to every American adult with an income under $75,000, decreasing gradually after that and zeroing out at $99,000 income. Checks would fall to $600 for those with little or no income tax liability, and $500 will be added in per child. The eligibility is based on 2018 tax filings.

Senate Republicans introduced a bill Thursday that would mete out stimulus payments to Americans based on 2018 tax filings.

From NBC:

According to details of the bill released Thursday, Senate Republicans are proposing giving a $1,200 check to every American adult with an income under $75,000, decreasing gradually after that and zeroing out at $99,000 income. Checks would fall to $600 for those with little or no income tax liability, and $500 will be added in per child. The eligibility is based on 2018 tax filings.

The White House and Congress have moved quickly to craft two coronavirus spending packages, and President Trump on Tuesday began pushing another $850 billion stimulus, mostly in the form of tax relief measures. About $500 billion would be tied to a payroll tax cut, with $250 billion in the form of Small Business Administration loans and another $58 billion directed to the airline industry.

Trump also wants the federal government to send checks to Americans within the next two weeks to stem the effects of the coronavirus on the economy, Mnuchin said Tuesday. “The president has instructed me we have to do this now,” he said at a White House briefing attending by the president. “Americans need cash now — and I mean now, in the next two weeks.”

There is not yet much indication of what Pelosi plans on proposing differently, but a previous bill that was rejected by House Republicans included funding for abortion procedures.

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