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Home / Tips and Tricks / Stimulus package negotiations right now: Both sides came together when the talks hit a new milestone

Stimulus package negotiations right now: Both sides came together when the talks hit a new milestone



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It is time for Congress to reach an agreement before breaking the election.

Sarah Tew / CNET

On Friday, the White House delivered a stimulus proposal of $ 1.8 trillion to lead the Democratic negotiator, House Speaker Nancy Pelosi. But until Saturday, everyone seems upset.

“On Friday, the Trump administration returned to the table with a suggestion who tried to address some of the concerns of Democrats in the coronavirus relief negotiations, “Pelosi wrote in a letter to colleagues. This proposal amounted to one step forward, two steps back. “

Criticism was so sharp among Senate Republicans, White House Chief of Staff Mark Meadows hinted at how opposition to the bill would upset President Donald Trump when Meadows told him. “You will all come to my funeral,” the Washington Post reported. The Republican-led Senate is so divided that it failed to pass GOP-written HEALS Act for $ 1 trillion.

With the election on November 3 just over three weeks away, lawmakers in Washington have explored everything from one another comprehensive rescue package to a stand-alone bill for one second stimulus control and aviation assistance. Leading negotiator, Pelosi and Finance Minister Steven Mnuchin, continue to talk through the weekend.

The White House’s $ 1.8 trillion proposal is an increase in funding compared to the $ 1.6 trillion proposal that was on the table before Trump and two dozen others in his circle were diagnosed with COVID-19. The bill contains a stimulus check of as much as $ 1,200 per person and a change in the rules on eligibility for maintenance beneficiaries which can provide more money for families.

“Covid Relief Negotiations Go Ahead. Go Big!” President Donald Trump tweeted on Friday after a wildly irregular week where Trump – who has has been treated for COVID-19 with a powerful steroid interrupted calls to cope with a comprehensive stimulus bill and demand that they be restarted, on the same day.

We explain more about the twists and turns of stimulus negotiations below. This story was recently updated.






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Why did Trump first pause stimulus talks?

On October 5, Pelosi said negotiators would reach an agreement on a comprehensive package “in one way or another,” despite sticking points. So why did Trump originally make the contact a day later?

According to Trump on October 6, his conviction that an agreement on a stimulus package would not be reached in the short term and the desire to quickly confirm the Supreme Court’s associate legal candidate Amy Coney Barrett led to the decision. It has been suggested that Trump and other high-ranking Republicans who tested positive for COVID-19 acquired the coronavirus on Barrett’s nomination day, at events where masking was not universal.

A tweet from Trump early on Tuesday clearly expressed a desire for more help: “When, immediately after I win, we will implement a major stimulus bill focusing on hard-working Americans and small businesses,” he tweeted. By Friday, however, efforts to put together an overall bill had doubled.

It is also suggested that a phone call on Tuesday with Senate Majority Leader Mitch McConnell, who was skeptical that the bill would pass the Senate, prompted Trump to abruptly end the talks. It has also been suggested that the huge backlash from economists, companies and even members of his own party, combined with an immediate downturn in the stock market, has also driven him to change course and embrace a larger package again.

When can a new relief bill pass with talks again?

Pelosi said Tuesday night that Congress could pick up the thread on another economic rescue package after the election. But when Trump calls for action now, we have proposed five possible dates, based on the new timeline, both before and after the November election. These are just speculative. In the case of a second stimulus control, here is how fast do we think the IRS can send one.

When could a stand-alone stimulus bill or package pass?

The voices of the house

The Senate votes

The President signs

26 October

October 27

October 28

November 9

November 10

11 November

16 November

November 17

November 18

November 23

November 24

November 25

February 1, 2021

February 2, 2021

February 3, 2021

Did not the House just vote on a new stimulus bill? What’s the story?

On October 1, the House of Representatives passed a revised heroic act which includes one second stimulus control and additional benefits For example improved unemployment benefits for tens of millions of Americans. However, the new House proposal, mostly approved by Democrats, has little chance of advancing through the Republican-controlled Senate.

According to Pelosi, the vote on the revised hero proposal was independent of ongoing negotiations with Mnuchin. If Pelosi and Mnuchin agree on a new proposal, a new bill would need to be drafted separately and voted on in both the House and Senate before it was signed into law. The total cost of the package and funding allocations as a tax credit for children have been the main sticking points.

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Will America approve a new stimulus bill? Both sides agree that more help is needed.

Angela Lang / CNET

Why did the House vote on Heroes 2.0 if the talks continued?

The vote is believed to provide coverage for the House Democrats when they campaign without a new relief law, much like the Senate did earlier in September for Republican members with its meager $ 650 billion bill. Like the meager Senate bill, this new House proposal has little chance of advancing in the second chamber.

Where do Democrats and Republicans agree?

Suggestions from both sides include another incentive payment of up to $ 1,200 for individuals which meets the requirements, among topics such as aids for airlines, coronavirus testing and expansion of the company payroll check program.

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Democrats and Republicans have not agreed on how much aid should be included in the stimulus package.

Sarah Tew / CNET

Can the president take executive action with the talks slower?

After the talks originally collapsed on August 7, Trump signed an executive order and three memoranda the next day. It is possible that more executive action may come if this final attempt at negotiation fails before the election, but no development has taken place since Trump first suggested that his government could consider another executive measure to circumvent Congress.

It is unclear whether Trump would continue with more unilateral action at this time.

Pelosi expressed doubts about Trump’s ability to use executive orders for additional aids.

“No. No. He can not do this by executive order,” she said on October 5. “He can not make the money without the US Congress. The power of the bag begins in the House.”

Trump’s previous COVID-19 measures to enforce relief address to try slow expulsions, extension unemployment benefits to a lesser extent and defer payroll taxes until next year.

So what happens now?

The situation is still in motion. We are currently waiting to see if there is any development. Anything can still happen.

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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