Politics Senate GOP gets short-lived win on unemployment fight
Congress is writing up Biden’s stimulus plan. Here’s what’s in it.
Stimulus checks and UI, but not a $15 minimum wage: the state of the House’s stimulus bill so far.The House of Representatives has drafted and passed its version of the budget reconciliation package, which includes $1,400 stimulus checks for those making up to $75,000 and $400 expanded weekly unemployment insurance benefits through August 29. It also contains a restaurant rescue fund, money for reopening schools, and Democrats’ long-sought-after funding for state and local governments, among other items. House Democrats included a $15 minimum wage provision in their version of the bill, but that’s a non-starter in the Senate.
Senate Republicans are getting what's expected to be a short-lived win in a fight over unemployment benefits in Democrats' nearly $1.9 trillion coronavirus bill.
Sen. Joe Manchin (D-W.Va.) voted with all 49 Republican senators - Sen. Dan Sullivan (Alaska) is absent due to a family emergency - in support of a proposal from Sen. Rob Portman (R-Ohio) to provide a $300 per week unemployment payment through mid-July.
But Democrats are expected to strip out Portman's amendment and replace it with a deal they announced on Friday night, after a nearly 12-hour delay, before they pass the coronavirus deal likely on Saturday.
Republicans have built a cult of personality around Trump that glosses over his disgraced presidency
As leading Republicans whitewash Trump's legacy and enable the personality cult surrounding him, it's also revealing deep fractures in the party. In a mid-February statement explaining why he was voting to convict Trump over the Capitol riot in the former president's Senate impeachment trial, GOP Sen. Ben Sasse of Nebraska warned about the dangers of "tribalism." Sasse was effectively calling out his Republican colleagues who were standing by Trump despite the damning, indisputable evidence against him on top of his relentless attacks on the foundations of America's democracy.
Democrats are still waiting for a Joint Committee on Taxation score about the cost of the Democratic proposal, which would provide a $300 per week payment through Sept. 6.
"We expect Senator Portman to offer his UI amendment and for it to pass. However, it will be superseded by Senate Democrats' new UI agreement, which will be offered and passed as an amendment tonight," a Democratic aide said about the path forward.
Though Manchin supported Portman's amendment, he's also expected to support the Democratic deal. In addition to the weekly payment, the Democratic amendment will let the first $10,200 in unemployment benefits be tax free for households with incomes of up to $150,000.
"We have reached a compromise that enables the economy to rebound quickly while also protecting those receiving unemployment benefits from being hit with [an] unexpected tax bill next year," Manchin said in a statement endorsing the Democratic deal.
On The Money: COVID-19 relief debate stalls in Senate amid Democratic drama | Manchin holds up bill over jobless benefits | US adds 379K jobs in February
Happy Friday and welcome back to On The Money, where we're just hoping you find someone nice to settle down with soon. I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line.See something I missed? Let me know at firstname.lastname@example.org or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N.Write us with tips, suggestions and news: slane@ thehill.com, email@example.com and firstname.lastname@example.org. Follow us on Twitter: @SylvanLane, @NJagoda and @NivElis.
Democrats effectively put the debate on the coronavirus bill on hold for nearly 12 hours Friday as they tried to craft an agreement on the unemployment payments that could win over the entire caucus.
Democrats had initially said on Friday morning that they had a deal to provide a $300 per week payment until early October.
But as they day dragged on it became clear that they were still trying to wrangle together the caucus.
Majority Leader Charles Schumer (D-N.Y.) argued once the Senate moved forward just before 11 p.m. that Democrats were united.
"The agreement that's been reached will allow us to move forward with the American Rescue Plan," he said. "Senate Democrats are completely united in our belief about how important this entire bill is for our fellow Americans."
Third stimulus check: What happens next with the Covid relief bill .
Senate passage of President Joe Biden's $1.9 trillion Covid relief bill on Saturday brought the massive legislation one step closer to law. © Olivier Douliery/AFP/Getty Images The US Capitol in Washington, DC, on March 6, 2021. But first, the bill has to go back to the other side of the Capitol, where the House -- which already passed its own version of the bill -- is scheduled to vote Tuesday to approve the changes made in the Senate. That vote is expected to succeed on a party line, as it did in the Senate, with a narrow Democratic majority.