Senate Republicans unveiled their version of a fresh round of coronavirus relief, as White House negotiators and House Speaker Nancy Pelosi are set to meet in the evening to begin negotiations.
unveiled their version of a fresh round of coronavirus relief on Monday, as White House negotiators and House Speaker Nancy Pelosi are set to meet in the evening to begin negotiations.
The HEALS Act is more targeted than the CARES act, tailored to an economy that has “one foot in the pandemic and one foot in the recovery,” according to McConnell. “The boosted unemployment benefit is significantly more than the Democratic Senate and President approved in the 2009 economic crisis, and it doesn’t pay most people more than working like the extra $600 does,” Sen. Finance Committee Chair Chuck Grassley, R-Iowa, said.
The bill also includes $16 billion for COVID-19 testing and contact tracing; $20 billion for vaccine, therapeutic and diagnostic development; $20 billion for farmers and $30 billion to protect the military and defense industrial base from the virus. “We've waited months for a Republican bill and still the Republican response is totally inadequate,” the New York Democrat said on the Senate floor.“Republicans say take a 30 percent pay cut. Can you believe that? You lost your job, can't get to work, and now they want to take $1600 out of your pocket every month,” Schumer said.
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