Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPelosi, Schumer Back Using Bipartisan Plan in Stimulus Talks
President-elect Joe Biden said the $908 billion bipartisan proposal wouldnt be the answer but it would be immediate help. Speaking at an event in Delaware, he said whatever Congress passes would only be a down payment on what hell be proposing once he takes office on Jan. 20.
*
Under that bipartisan proposal, small businesses would get a roughly $300 billion infusion for a version of the Paycheck Protection Program of forgivable loans and other aid, and state and local governments would get about $240 billion, including money for schools, according to three people familiar with the proposal.
An additional $180 billion would go to an extension of pandemic unemployment benefits, providing an added $300-a-week for four months.
The proposal doesnt include direct payments to individuals.
The bill that has been worked on between Republicans and Democrats has the best shot of actually passing, said Utah Republican Senator Mitt Romney, who was one of the nine senators in the bipartisan group making the proposal. There are message bills and then there are bills that can pass, and we have to have Democratic votes to get a bill through the Senate.
https://www.bloomberg.com/news/articles/2020-12-02/pelosi-schumer-back-bipartisan-plan-as-base-for-stimulus-talks-ki7sva3w
*
Under that bipartisan proposal, small businesses would get a roughly $300 billion infusion for a version of the Paycheck Protection Program of forgivable loans and other aid, and state and local governments would get about $240 billion, including money for schools, according to three people familiar with the proposal.
An additional $180 billion would go to an extension of pandemic unemployment benefits, providing an added $300-a-week for four months.
The proposal doesnt include direct payments to individuals.
The bill that has been worked on between Republicans and Democrats has the best shot of actually passing, said Utah Republican Senator Mitt Romney, who was one of the nine senators in the bipartisan group making the proposal. There are message bills and then there are bills that can pass, and we have to have Democratic votes to get a bill through the Senate.
https://www.bloomberg.com/news/articles/2020-12-02/pelosi-schumer-back-bipartisan-plan-as-base-for-stimulus-talks-ki7sva3w
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
2 replies, 899 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (0)
ReplyReply to this post
2 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Pelosi, Schumer Back Using Bipartisan Plan in Stimulus Talks (Original Post)
LizBeth
Dec 2020
OP
regnaD kciN
(26,035 posts)1. BAD idea...
Agree to this proposal, and it guarantees it will be the last one we get -- after all, Republicans will say, after January 20th, "we've already passed two COVID bills, we don't need another." And people who are struggling will blame our side for agreeing to a "final" relief bill without stimulus checks.
LizBeth
(9,946 posts)2. Biden says, only a start. I imagine the 1200 will be immediate with Biden stepping in.
If not, 12 million are being kicked off Dec 26. That is a huge ass, oh well, didn't get everyone. Dems fault, while Republicans block it.