U.S. Senate Republicans to introduce new coronavirus bill Thursday

Grant Boone
March 26, 2020

Officials put the price tag at almost $1.4 trillion and said that with other measures from the Federal Reserve it could pump $2 trillion into the USA economy.

Before a Senate procedural vote on Sunday, Schumer said more money was needed for community health centers, nursing homes, masks, ventilators, personal protective equipment and aid to state and local governments. But Schumer acknowledged trying to wrap up "tonight is hard".

But with Monday's vote deadline looming, a White House official said Republicans would move forward with legislative language even if no agreement was reached on Saturday. "And they're the one's being shortchanged", he said.

A Republican leadership aide said work would continue through the night Friday.

Chuck Schumer, the top Democrat in the Senate, said the Republican package was "inadequate" for millions of Americans facing dire straits.

"Later is no good", he said.

However, dissent from Democrats is not the only issue threatening to hamstring the process.

"Our hospitals across the country are about to be overwhelmed", said Illinois Sen. "They'll be faced to make some disgusting triage choices about survivors".

"The past two days of intense bipartisan talks are very close to a resolution". The plan appears to anticipate that numerous loans would not be repaid. We are going to have to flex some muscles that may have atrophied. "It's a non-starter if it's not included in the next package", said New York Senator Kirsten Gillibrand.

The Senate Republican plan, which was detailed on Thursday, includes as much as $1,200 per person or $2,400 per couple. They would be phased down at adjusted gross income thresholds of $75,000 for individuals and $150,000 per couple.

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The man had been hospitalized and had pre-existing health conditions that put him at higher risk for COVID-19. Army Corps of Engineers to identify facilities that can be converted into temporary medical centers.

Lawmakers in both parties were pushing Friday for a number of changes or additions to that proposal. "Their proposal would do nothing to expand unemployment assistance for those who have lost their jobs overnight".

"What we as Republicans got to understand: There's got to be an unemployment compensation benefit part of the package, and I support that". Lindsey Graham, R-S.C. Mr. Schumer called it "employment insurance" - which he characterized as "unemployment insurance on steroids".

Democrats have other ideas for ushering aid to Americans by pushing more money into the existing unemployment insurance system.

"The administration has raised questions, as you know, about how it would be administered".

When one reporter asked Trump what he would tell a anxious nation, the president snapped, "I say that you're a bad reporter". Ron Wyden (D., Ore.), the top Democrat on the Senate Finance Committee. We are going to have to cooperate in ways that we may not be accustomed to. Debbie Stabenow (D., Mich.).

"They proposed a $500 billion slush fund for corporations with nearly no conditions", former vice president Joe Biden, the all-but-certain Democratic presidential nominee, said Monday in webcast remarks, as he criticized the Republican plan.

The GOP plan proposes $300 billion for small businesses to keep idled workers on payroll and $208 billion in loans to airlines and other industries.

There's no rest for the Senate this weekend, as lawmakers are set to dig in for a weekend session beginning at noon Saturday so the chamber can expedite an agreement on a stimulus package to provide relief from the coronavirus pandemic. That number would rise to $2,400 in households where two people file income tax joint returns.

At the consumer level, Mr. McConnell's bill would put into federal law the commitment from insurers that coronavirus tests will be cost-free to policy holders.

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