Biden, Senators Agree to Lower Cutoff for Relief Checks

04 Mars, 2021, 13:20 | Auteur: Adelaide Bullion
  • Senate Majority Leader Chuck Schumer D-N.Y. is working to keep both moderates and progressives inside his caucus on board with the $1.9 trillion coronavirus relief bill and pass it this week

Tighter restrictions on income limits used to determine how much money people will receive with the next round of stimulus checks have been agreed to by President Joe Biden and Senate Democrats.

Senate Majority Leader Chuck Schumer, D-N.Y., said he believes debate over the bill could begin as early as Wednesday and went on to say "We'll have the votes we need to pass the bill".

The decision is a major concession to moderates as party leaders prepared to move their legislation through the Senate.

The Senate plan would still allow individuals earning up to $75,000 per year and couples earning up to $150,000 per year to receive the full benefit. Couples who file jointly will be able to receive the full amount if their income is under $150,000.

The proposal to lower caps on the stimulus checks would cut an estimated 17 million people from eligibility, according to the Institute on Taxation and Economic Policy. Democrats aim to get it to Biden to sign into law before March 14, when some current benefits expire.

White House press secretary Jen Psaki said that President Joe Biden backs the legislation. "Of course, there are going to be ongoing discussions". The Senate bill supported by Democrats does not include the minimum wage language.

The House version of the relief checks would cost $422 billion, making them the package's single most expensive item.

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The Senate is looking to potentially pass the American Rescue Plan by this weekend.

The Democratic-controlled Senate is hoping for a final vote later in the week on passage of Biden's top legislative priority.

"We're going to do everything in our power - I think Chuck Schumer's going to do everything in his power - to make sure that the agenda that we are working on and promised the people will in fact be the agenda we put forward and hopefully pass", Representative Steny Hoyer, the No.2 Democrat, told a news conference on Tuesday. The report said that Johnson wants every senator to know what exactly is in the bill. "He's always said he's open to good ideas".

"If you had to pick out or single out one item that more than anything else in the CARES Act saved the American economy, it was the unemployment insurance".

"This $1.9 trillion bill is the same size of the bill we passed last April, right in the middle of the pandemic", McConnell told host Martha MacCallum. Senator Ron Johnson said he would insist that the entire bill, hundreds of pages long, be read to the Senate at the start of the debate, instead of the usual practice of just reading the title. Amendments require simple majority support in order to be added to the bill.

The bill needs 60 votes in the Senate, where it faces Republican opposition, and some believe this might be the measure that ends the filibuster.

"As families across New Jersey and our country continue to feel the economic pain brought on by the coronavirus pandemic, it's incumbent upon Congress to take bold action to help the hardest-hit Americans", Booker said. "We'll have the votes we need to pass the bill".

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