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Senate stimulus bill fails: 5 things that could happen now



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The stimulus bill can still be saved – we just have to wait and see.

Angela Lang / CNET

The Republicans’ new “lean” coronavirus package did not pass the Senate during a Thursday vote, leaving the fate of another stimulus bill which may include one second stimulus control and more funding for coronavirus utilities up in the air. Fifty-two senators were in favor and 47 opposed the $ 500 billion proposal. The proposal did not contain another direct payment to eligible Americans.

Even if the bill failed, it is believed that the measure could potentially stimulate negotiations on a major check to be resumed. The two sides have moved closer to the agreement, but are still far away, with the White House suggesting it could go up to $ 1.5 trillion while the Democrats have also come down from their original $ 3 trillion proposal to $ 2.2 trillion. .

“I’m more optimistic today than I have been in a long time,” White House Chief of Staff Mark Meadows said Tuesday ahead of the vote on the prospect of a new major stimulus package. Senate Minority Leader Chuck Schumer said on Wednesday that he believes there is a “good chance” that a two-part COVID relief will pass, Reuters reported.

With presidential election about two months away, both sides are under increasing pressure to produce more help. Here are five scenarios that can happen with the stimulus package in the coming days and weeks.

A series of small bills could pass

The latest narrower proposal, called for delivering immediate relief to America’s families, schools and small businesses (PDF), will not become law. But it does suggest a way forward that will deliver coronavirus aids in pieces, possibly circumventing the partisan inflatables that have plagued this new stimulus legislation, which has been dragging on for over a month.

The house itself presented one of the first of these piecemeal bills that tried to provide funding to the US Postal Service before one choice where many are likely to be vote by mail.

“Let’s do a more targeted bill now,” Finance Minister Steven Mnuchin said on September 6. “If we need to do more in 30 days, we will continue to do more.”






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Senate leaders are fighting for a “lean” stimulus bill




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Skinny bill can fail and a single large relief cost can pass

Formal talks for the overall bill have not yet resumed, but the Senate has returned from the recess this week and the House of Representatives will return to work next week, after passes the USPS bill during the break. The total cost of the bill is the basic disagreement.

When the November 3 election is expected, the management’s coronavirus response is expected to take center stage in the campaign at all levels and increase political pressure to cope with the next wave of aid.

Here we present a speculative timeline for the date for when we can see a relief leave adopted if the talks are resumed. It detracts from congressional voting schedules and the potential to postpone a planned withdrawal or that the House returns early to approve a bill.

When could the stimulus bill pass?

The Senate votes

The voices of the house

The President signs

Possible timeline if the legislation is approved in September

September 22

September 23

September 24

September 30

1 October

October 2

October 6

October 7

October 8

October 20

21 October

22 October

Executive orders can be issued instead of, or in addition to, a bill

After the talks originally collapsed on August 7, President Donald Trump took unilateral action by signing one executive order and three memoranda on August 8th. It is possible that more executive measures will come.

At a news conference last week, Trump said the administration could consider another executive measure to release $ 300 billion in stimulus aid into an unused U.S. account if Congress does not vote to redirect those funds.

Trump’s current COVID-19 liberation work is about slows down evictions, extension unemployment benefits to a lesser extent and defer payroll taxes until next year.

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The end of all talks would be devastating for millions of Americans.

Sarah Tew / CNET

Relief can wait until after the election

With the election on November 3 two months away, the atmosphere in Washington could be too politically charged to cope with more economic relief and leaders may want to see what happens after the election.

With 470 seats in the US Congress – 35 Senate seats and all 435 seats – up for election in November, any majority change to the House or Senate and to the Presidency itself could shift the likelihood of certain laws being passed in one way or another.

The government’s response to the coronavirus pandemic is already playing a major role in the campaign at all levels. If an agreement is not reached soon, the topic of a relief package may well come up during town halls or debates in the coming weeks.

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Democrats and Republicans have disagreed on how much aid should be included in the stimulus package.

Sarah Tew / CNET

If no further action is taken

Unemployment remains at astonishingly high levels and a housing crisis weather at the horizon. Failure to take action for a relief package, individual bills or executive orders could potentially cause the economy to plummet. a deeper recession, as economists say, the damage already done begins to reflect the great recession of the late 2000s.

For more information, here is how soon you can get your second stimulus check and what to know about HEALS, CARES and Heroes stimulus proposals that can help inform a final package.


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