House Passes $2.2 Trillion COVID-19 Stimulus Bill

Mimi Nguyen Ly
By Mimi Nguyen Ly
October 1, 2020Politics
share
House Passes $2.2 Trillion COVID-19 Stimulus Bill
U.S. Speaker of the House, Nancy Pelosi (D-Calif.) holds her weekly press briefing on Capitol Hill in Washington on Sept. 18, 2020. (Nicholas Kamm/AFP via Getty Images)

The House of Representatives late Thursday passed the Democrat’s $2.2 trillion COVID-19 stimulus bill.

Although eighteen Democrats crossed party lines to vote against the measure, the bill passed in a 214-207 vote. It received no Republican support.

The proposal (pdf), which is the Democrat-controlled House’s sixth bill in response to the CCP (Chinese Communist Party) virus pandemic, is about $1.2 trillion less than the original $3.4 trillion HEROES Act that Democrats passed in the House in May.

Referred to as the updated HEROES Act (pdf), it seeks to provide another round of $1,200 direct payments to individuals and $500 per dependent—down from the $1,200 for dependents, which was included in the first HEROES Act.

It would also provide $600 in weekly unemployment benefits through to January, which had expired in July, and the following funding to assist schools, small businesses, restaurants, airlines, and other industries:

  • $436 billion for one year’s worth of assistance to state, local, territorial, and tribal governments
  • $75 billion to support COVID-19 testing, tracing, and treatment
  • $225 billion for education and $57 billion to support child care
  • Billions to support for small businesses through improving the Paycheck Protection Program, with targeted assistance for the restaurant industry and independent live venue operators
  • Additional assistance for airline industry workers, including $25 billion to cover passenger airlines, $3
    billion to airline contractors, and $300 million to cargo airlines
  • Funding for the postal service, food stamps, and housing assistance

House Speaker Nancy Pelosi (D-Calif.) and Treasury Secretary Steven Mnuchin continue their negotiations after having failed to reach an agreement following a discussion on Sept. 30.

White House Press Secretary Kayleigh McEnany told reporters Thursday that the White house had raised its offer to $1.6 trillion and accused Pelosi of “not being serious.”

“If she becomes serious, then we can have a discussion here,” McEnany said. “But when you lower your offer $2.2 trillion, and you ask for direct payments to illegal immigrants, and you ask for certain deportation forgivenesses in your offer, it’s not a serious offer. What we are talking about here is relief for the American people, for American citizens, not direct payments for illegal immigrants.”

She added, “We [The White House] raised our offer to $1.6 trillion; Among that was $250 billion for state and local. The $250 billion for state and local is the estimated loss because of COVID. And also, there’s $150 billion for schools, $50 billion above what Nancy Pelosi asked for. It is a good proposal, but it’s one that she [Pelosi] is not interested in.”

White House Chief of Staff Mark Meadows has said that President Donald Trump won’t approve legislation that approaches a $2 trillion threshold.

Meadows said on Wednesday that the Trump administration has presented a new stimulus proposal to House Democrats worth over $1.5 trillion that includes a $20 billion extension in aid for the airline industry.

The House’s passage of its $2.2 trillion stimulus bill comes as two of the largest U.S. carriers, American Airlines and United Airlines, said they were furloughing about 32,000 workers with the expiration of aid earlier this year.

It also comes as the Labor Department’s jobless claims report (pdf) released Thursday showed that another 837,000 Americans have filed for unemployment. The figure is down from 36,000 from the previous week but remains well above the Great Recession peak of 665,000 weekly filings.

From The Epoch Times

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments