Politics Schumer celebrates gains in $2T stimulus deal, says Senate Democrats 'improved it'

19:55  25 march  2020
19:55  25 march  2020 Source:   abcnews.go.com

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  Democrats look to stave off 'blank check' for airlines Democrats in the Senate are proposing their own $750 billion package, which prioritizes workers and contains nary a mention of the airline industry. "If we are going to follow up the House bill with another major economic stimulus package, which we must, our major focus cannot be based on bailing out airlines, cruises and other industries," Minority Leader Chuck Schumer said on the Senate floor Tuesday morning.Democrats in both chambers have also already begun to broadcast that they will look to emphasize their own priorities, such as combating climate change, in any money for airlines.Sen. Ed Markey (D-Mass.

Senate Majority Leader Mitch McConnell (R-Ky.) tore into Democrats Monday morning for their latest stimulus demands as more than three days of negotiations have failed to yield a deal .

Pelosi said a deal on the stimulus bill, meant to help individuals, hospitals and businesses respond to the coronavirus outbreak, could be made shortly. Even after the unusually bitter partisan bickering Monday on the Senate floor, Mnuchin and Schumer maintained that they were getting close to a deal .

Senate Minority Leader Chuck Schumer, just hours after announcing a deal on a $2 trillion economic relief package, joined ABC's "The View" on Wednesday, celebrating the gains he said Democrats made in the joint stimulus deal.

Chuck Schumer in a suit sitting at a table: Senate Minority Leader Chuck Schumer speaks on the Senate floor at the Capitol, in Washington, March 21, 2020. © Senate Television via AP, FILE Senate Minority Leader Chuck Schumer speaks on the Senate floor at the Capitol, in Washington, March 21, 2020.

"This is a very good bill. We’ve gotten a lot of things in, none of which were in the bill Republicans put on the floor on Sunday," Schumer said. "We came together, we passed it, we improved it."

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After Democrats in the Senate blocked a more streamlined form of the bill from moving forward for the second opposition to the bloated Democratic version. “There’s no way I’m signing that deal !” Both Schumer and Senate Majority Leader Mitch McConnell had agreed on the .8 trillion version before

Senate lawmakers are racing to finish a massive aid package to help Americans devastated by the coronavirus, as Treasury Secretary Steven Mnuchin said it Democrats , Republicans divided over details of $ 2 trillion bailout. Treasury Secretary Steven Mnuchin says a deal needs to be done “today.”

The agreement on the joint deal comes five days after intense negotiations between Senate Democrats and Republicans, and the White House. Schumer and Majority Leader Mitch McConnell announced that a deal had been struck — aimed to provide economic relief to offset the impacts of the novel coronavirus — in the early morning hours on Wednesday.

"We improved it," Schumer said. "It's not everything everyone wants, but it's a great start, and we'll keep at it."

MORE: Coronavirus government response updates: $2 trillion stimulus deal reached, Trump wants country 'open for business' on Easter

This bill contains in it, among other things, direct funding for hospitals and medical first responders, expanded unemployment insurance for workers laid off or furloughed due to the COVID-19 closures, direct payments to American workers making a salary under $75,000 and scaled back appropriations for workers making up to $99,000. It also includes some relief for small businesses and loans for larger key industries.

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Senate Democratic Leader Chuck Schumer called the proposal "the largest rescue package in American history." Schumer said that the bill is "far from perfect, but we believe the During the debates, the leader of House Democrats , Nancy Pelosi, put forward the party's own version of the

Senate Minority Leader Chuck Schumer , D-N.Y., said the bill amounts to “unemployment compensation on steroids," and that every American In a letter to his colleagues, Schumer remarked, “ Democrats are ready to give our unanimous consent to speed up the consideration of the bill and get

Schumer outlined what he said are five gains by Democrats within the stimulus package, spearheaded during the negotiations between senators on both sides of the aisle.

MORE: Negotiators agree in principle on $2 trillion stimulus bill

The gains include: increased funding going directly to hospitals and medical workers, enhancements to the length of time that a worker laid off due to coronavirus can receive unemployment benefits, oversight for corporations receiving loans, money given for small businesses, and support given to states and localities.

Negotiations between the two parties and the White House seemed to hit a stall on Sunday when McConnell called a procedural vote on the bill — which the Senate Democrats voted against. Schumer, during his remarks on Sunday, said the bill — as drafted on Sunday — still had "too many problems" in it, pointing to language that Schumer said failed to protect workers and provide appropriate oversight to big businesses.

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Schumer said he expects a vote sometime on Tuesday. Democrats call it a "slush fund," and claim Mnuchin would have far too much influence over which industries would have President Trump claimed Monday that the Senate Democrats were “playing partisan politics” and should make the deal .

Schumer agreed, saying , “We expect to have an agreement tomorrow morning," adding, "There's still a few little differences. Neither of us think they're in any way going to Issues Democrats wanted in the bill are worker protections and a plan to supply hospitals with critical medical supplies, Schumer said .

"After five days of arduous negotiations, after sleep-deprived nights and marathon negotiations — we have a bipartisan agreement on the largest rescue package in American history," Schumer said on the Senate floor early Wednesday.

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It took until Wednesday to clear the impasse.

One of sticking points that held Democrats back from supporting the initial bill was language that would allow the U.S. Treasury to issue loans to big businesses without publicly disclosing those loans for up to six months.

According to Schumer, Democrats succeeded in requiring disclosure of these loans in 7-14 days, and also created a provision that would bar companies owned by elected officials, including President Donald Trump and members of Congress, from receiving loans.

"We've written a very strong provision not just for Trump, but certainly for him, but for any powerful official," Schumer told the hosts. "A cabinet, a senator, a congressman. If they own a business or their family owns a business, they should not get these loans."

McConnell excoriates Democrats over stimulus demands

  McConnell excoriates Democrats over stimulus demands Senate Majority Leader Mitch McConnell (R-Ky.) tore into Democrats Monday morning for their latest stimulus demands as more than three days of negotiations have failed to yield a deal.McConnell ticked off the items on what he called the "Democratic wish list," citing tax deductions to solar and wind energy companies, workplace provisions sought by organized labor and new emissions standards for the airlines."Are you kidding me?" McConnell

Senator Chuck Schumer of New York, elected Wednesday as the new Democratic minority leader, has spoken with Mr. Trump several times, and Democrats in coming weeks Democrats , who lost the White House and made only nominal gains in the House and Senate , face a profound decision after

Top Democrats and Republicans on Tuesday were optimistic that a compromise coronavirus stimulus bill would be Senate Minority Leader Chuck Schumer echoed McConnell’s optimism. President Donald Trump urged lawmakers to finish a deal on Tuesday. “The longer it takes, the harder it will be

He added, "The people in office should not write legislation that benefits them."

Trump suggested on Tuesday that some Americans could return to work as early as Easter, against the guidance of most medical professionals. Schumer seemed skeptical of this idea.

Slideshow by photo services

"Number one, this kind of advice should come from health care professionals, not politicians, they know things best," Schumer said. "And second, I would remind the president and everyone else, the best way to get the economy going again is to beat this virus, and we should be doing everything we can right now to beat this virus."

Schumer also encouraged Americans to stay in touch during this time of isolation.

"Just because you’re isolated, stay in touch, email, talk to people, be on the phone, set up chat rooms," he said. "Those kinds of things can deal with a little bit of the isolation that we feel."

What to know about coronavirus:

  • How it started and how to protect yourself:coronavirus explained
  • What to do if you have symptoms:coronavirus symptoms
  • Tracking the spread in the US and Worldwide: coronavirus map

An exact timing on a vote for the bill has not yet been announced by the Senate.

The bill will then travel to the House side, where Speaker of the House Nancy Pelosi has said House Democrats will "review the final provisions and legislative text of the agreement to determine a course of action."

Senate leaving D.C. until April 20 after coronavirus stimulus vote .
The Senate will leave town after passing a coronavirus stimulus package and not return until April 20, Majority Leader Mitch McConnell (R-Ky.) announced late Wednesday night. © Greg Nash Senate leaving D.C. until April 20 after coronavirus stimulus vote The Senate unanimously passed a massive stimulus bill that costs approximately $2.2 trillion. McConnell announced shortly before it started that the Senate will not have its next roll call vote until April 20. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

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