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Politics Senate to vote on $500 billion GOP coronavirus stimulus bill Wednesday

01:25  18 october  2020
01:25  18 october  2020 Source:   msn.com

What an EIP card is and why you could get one instead of a stimulus check

  What an EIP card is and why you could get one instead of a stimulus check We tell you what it's for, how to use it and how to find out if you're getting one, assuming a second stimulus check happens.These are all questions you may have and we'll answer them here. An Economic Impact Payment card was sent as a stimulus payment to about 4 million Americans rather than a physical check or direct deposit. If a second round is approved by Congress, it's likely that the IRS will make several million payments to eligible Americans using the same method -- keep reading to find out if you'll receive your check in this form of payment.

House unlikely to vote on historic trillion coronavirus stimulus bill Wednesday . Treasury Secretary Steven Mnuchin agreed to enhanced oversight of a $ 500 billion bailout fund that Any deal the GOP -controlled Senate approves needs to be passed by the Democratic-led House.

The Senate is poised to vote Wednesday night on the trillion coronavirus relief package after moving past a last-minute dispute over expanded The GOP Senators want to amend the stimulus package to modify that provision, which has been part of the bill since Sunday. A vote on such an

  • Senate Majority Leader Mitch McConnell blamed Democrats for the current deadlock, arguing there is enough time to pass the bill and confirm Supreme Court nominee Amy Coney Barret if "Democrats do not obstruct this legislation."
  • Democrats blocked a $500 billion Republican plan in the Senate last month and are likely to dismiss the latest GOP proposal as insufficient.
  • Democrats are pushing for a much larger package. The party passed a $2.2 trillion relief bill in the House.
  • The Trump administration has proposed a $1.8 trillion package, but that offer is unpopular with Senate Republicans.
a man wearing a suit and tie talking on a cell phone: Senate Majority Leader Mitch McConnell (R-KY) walks to his office on Capitol Hill in Washington, September 10, 2020. © Provided by CNBC Senate Majority Leader Mitch McConnell (R-KY) walks to his office on Capitol Hill in Washington, September 10, 2020.

The Senate will vote on a $500 billion coronavirus stimulus bill on Wednesday, Senate Majority Leader Mitch McConnell said Saturday, as a larger bipartisan deal remains elusive despite continued talks between top Democrats and the Trump administration.

Senate Republicans could be the real roadblock to getting a stimulus deal passed

  Senate Republicans could be the real roadblock to getting a stimulus deal passed If Nancy Pelosi and Steven Mnuchin reach a stimulus agreement, it’s unclear whether Republicans would support it.This past weekend, Senate Majority Leader Mitch McConnell said the upper chamber would “consider” any compromise made between Pelosi and Treasury Secretary Steven Mnuchin, though it’s unclear if that means he would schedule a vote on it. (White House Chief of Staff Mark Meadows has said that the Senate would vote on any deal that’s reached, but McConnell has not explicitly confirmed this himself.

WASHINGTON – Senate Democrats blocked a 0 billion COVID-19 stimulus bill Thursday, dampening the prospects Congress will pass much-needed financial relief for Americans weathering the coronavirus pandemic ahead of the November election. The bill was defeated in a 52-47 vote , not

The final vote tally was 47-47, well short of the 60 votes needed to advance the bill . Republicans hold a 53-47 edge in the chamber, although several GOP senators , including Rand Paul, who had tested positive for the coronavirus , were not present to vote . Others, such as Sen. Mitt Romney of Utah

McConnell blamed his opponents across the political aisle for the current stalemate, arguing that the Senate has enough time to pass the GOP stimulus package and confirm Supreme Court nominee Amy Coney Barret if "Democrats do not obstruct this legislation."

"Nobody thinks this $500B+ proposal would resolve every problem forever," McConnell said in a statement on Saturday. "It would deliver huge amounts of additional help to workers and families right now while Washington keeps arguing over the rest."

Democrats have accused McConnell of pushing ahead with Barrett's confirmation instead of focusing on passing stimulus legislation. Democrats blocked a $500 billion Republican plan in the Senate last month and will likely dismiss the latest GOP proposal as insufficient.

GOP senators try to further distance themselves from Trump, but it may be too late to save their majority

  GOP senators try to further distance themselves from Trump, but it may be too late to save their majority One GOP strategist called the political environment "very difficult" for Republicans due to Trump's tweets and his widely panned debate performance.McConnell speculated last week about the time period after Judge Amy Coney Barrett's expected confirmation later this month when the GOP might face 2021 fight against possible Democratic efforts to "pack the court" with more justices should former Vice President Joe Biden win the White House.

The Senate passed a bill Wednesday to help provide money to businesses and citizens suffering McConnell said Tuesday he decided to vote on the House bills as soon as possible and not blend the Trump signed an .3 billion funding bill Friday to help fight coronavirus . That bill gives more

Senate coronavirus stimulus bill fails again. Published Mon, Mar 23 20208:21 AM EDTUpdated Tue, Mar 24 20205:11 AM EDT. Senate Democrats have criticized the $ 500 billion fund that the Republican proposal sets aside for distressed businesses, calling it a bailout fund "with no strings

The chances of Congress passing new aid before the Nov. 3 presidential election have dimmed as the Senate GOP plan is more limited than what the Trump administration or Democrats have proposed.

The GOP bill will include funding for schools, expanded unemployment benefits and a second round of the Paycheck Protection Program, McConnell said. The Senate will vote on the bill a day after a standalone vote on more PPP funds on Tuesday.

Earlier this month, Treasury Secretary Steven Mnuchin offered House Speaker Nancy Pelosi a $1.8 trillion stimulus deal, about $400 billion less than the bill proposed by House Democrats earlier this month.

Pelosi, whose party passed a $2.2 trillion relief bill in the House, dismissed the White House proposal and said it "amounted to one step forward, two steps back." Senate Republicans, on the other hand, oppose the White House package as too large.

Pelosi and Mnuchin continued their negotiations this week, though they were unable to reach an agreement. Both sides characterized the talks as productive but said major differences remain.

Congress hasn't pushed through new relief legislation in months as the coronavirus worsens across the U.S. and millions of Americans remain unemployed.

— CNBC's Jacob Pramuk contributed reporting

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