قالب وردپرس درنا توس
Home / Tips and Tricks / The New Heroes Act passes with stimulus controls, but Trump has COVID. Now then?

The New Heroes Act passes with stimulus controls, but Trump has COVID. Now then?



    026-cash-stimulus-empty-wallet-economic-crisis-dollar-banknote-currency-2020

The clock is ticking for Congress to reach an agreement before breaking the election.

Sarah Tew / CNET

President Donald Trump has contracted COVID-19. The president, who reportedly has mild symptoms, remains in quarantine and is expected to continue his duties right now. The news came hours after the House of Representatives passed a new stimulus bill – a revised hero team – it includes one second stimulus control and a number of other benefits, for example improved unemployment benefits.

What Trump is coronavirus diagnosis Thursday night means for the condition of final stimulus bill is unknown. But the effort to reach a bilateral agreement before November 3 election has not stopped.

“This kind of dynamic changes,” House Speaker Nancy Pelosi said on Friday on MSNBC, Bloomberg reported. “Maybe it’s going to be the moment where people will say, ‘OK, masks, sanitation, treatment,'” Pelosi said. “It can be a learning experience.”

But wait. If the House approved a stimulus package, why are negotiations still underway between Pelosi and leading White House negotiator, Finance Minister Steven Mnuchin? It’s complicated and we’ll break it down.

This story is updated frequently.

Read more: most important things to know about stimulus controls and how taxes and stimulus checks are like two peas in a ski.






Now playing:
Check this out:

Next Stimulus Controls: What to Expect




3:03

What does House’s Heroes 2.0 vote mean for stimulus negotiations?

According to Pelosi on Thursday, the vote on the revised hero proposal is independent of the ongoing negotiations with Mnuchin.

For the Heroes 2.0 proposal to become law, it would still need to pass the Senate – which is unlikely – and get President Donald Trump’s signature.

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

Why did the House vote on Heroes 2.0 if talks are ongoing?

The party vote is believed to provide coverage for the House Democrats as they fight without a new relief law, much as the Senate did earlier this month for Republican members with its tight bill of $ 650 billion, although this new House proposal would not be expected to pass the Senate.

What do Democrats and Republicans agree on?

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.

When is the fastest time a new coronavirus helper can pass now?

With the House scheduled to break up after its session on Friday and the Senate expiring next week, negotiators have time to reach an agreement on another stimulus package before election day. If the negotiations continue, it is the last day that a new bill goes into the air, as schedules for breaking can be extended by the leaders of the Senate and the House of Representatives.

If both sides reach an agreement, it could take a week or more before a vote is taken, Politico said.

Possible timelines for when a stimulus bill can pass

The voices of the house

The Senate votes

The President signs

October 8

October 9 (last official day of the Senate session)

October 13 (Columbus Day is October 12)

October 16

19 October

October 20

October 23

26 October

October 27

October 30

31 October

November 2

If the two sides do not reach an agreement on Friday, it is less likely that a bill can pass within a handful of days before the election as members of Congress and presidential candidates – Trump, who must sign the bill and Democratic nominee Joe Biden – turn their attention to campaigns .

If the negotiations fail, can the president seek executive action?

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

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.

    break-with-piggy-bank-stimulus-check-cash-money-saving-debt-personal-financing-032

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

Sarah Tew / CNET

Could the calls be resumed after the election results are in?

If the current sprint of talks dead end, leaders may want to see what happens in the period after choice on November 3 and before the inauguration on January 20, 2021. Pelosi and Congress Democrats may also believe that they can reach a more favorable deal in 2021, depending on the election result.

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

How about sending narrow, stand-alone bills instead?

If the two sides reach an agreement but the Senate rejects the new bill, some in Washington say the way to break the deadlock is to send a series of even narrower bills targeting specific areas – such as the entertainment and aerospace industries – but it is unlikely that it happens before the election.

The Senate Republicans made an attempt with their delivery immediate relief to America’s families, schools and small business law, but that proposal failed in the Senate. The house also presented a piecemeal bill that tried to provide funding to the US Postal Service before one choice where many Americans, who are wary of voting in person during a pandemic, are likely to be vote by mail.

What happens now?

At the moment, there is nothing to do but wait and see how Trump’s recovery and the latest gasp negotiations play out.

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.




Source link