McConnell says stimulus deal could take 'a few weeks,' putting millions with expiring aid in limbo
Source: Washington Post
With days to go before enhanced jobless benefits expire, the White House and Senate Republicans are struggling to design a way to scale back the program without overwhelming state unemployment agencies and imperiling aid to more than 20 million Americans.
The hang-up has led to an abrupt delay in the introduction of the GOPs $1 trillion stimulus package. The White House and Democrats have said they want a deal by the end of the month, but Senate Majority Leader Mitch McConnell (R-Ky.) suggested Friday that reaching an agreement could take several weeks, a timeline that could leave many unemployed Americans severely exposed.
Hopefully we can come together behind some package we can agree on in the next few weeks, McConnell said at an event in Ashland, Ky.
Part of the problem stems from a push by administration officials and GOP lawmakers to reduce a $600 weekly payment of enhanced federal unemployment benefits. The White House and the GOP disagree about how to do this, and talks remain highly contentious. They hope to release a proposal early next week.
Read more: https://www.washingtonpost.com/business/2020/07/24/unemployment-benefits-congress-coronavirus/?hpid=hp_hp-banner-main_bailoutunemployment-450pm%3Ahomepage%2Fstory-ans
Another painful economic clusterfuck brought upon us by Republicans.
elleng
(130,861 posts)LastLiberal in PalmSprings
(12,578 posts)Cut them off immediately and freeze their accounts. Let's see how they like it.
elleng
(130,861 posts)bucolic_frolic
(43,123 posts)1) make the rich richer
2) make income inequality worse
Tom Rinaldo
(22,912 posts)Who could have possibly known that August was going to happen?
underpants
(182,742 posts)If they try this 70% thing it will take forever.
They need to get to some set number. $400. $600. $250 but probably no lower.
marble falls
(57,067 posts)brush
(53,764 posts)diva77
(7,639 posts)mucifer
(23,524 posts)It's what happens when people get desperate.
appalachiablue
(41,118 posts)sorry to say. And many will also be evicted, homeless and very likely to spread the virus even more.
Dems need to push for an evictions and foreclosure moratorium (for months) if they already haven't done so.
Rebl2
(13,485 posts)you are right. Should be no evictions or foreclosures like you said until they pass a new stimulus bill that helps the lower and middle class. Nothing for big business or millionaires.
appalachiablue
(41,118 posts)customerserviceguy
(25,183 posts)think they have nothing to lose at this point. If the theory that UC benefits that are more than a person's paycheck keeps them from going back to work is correct, then there is a resurging economy in the months before the election, and that helps GOP election prospects. If the theory is wrong, then it just makes a deeper mess for Joe Biden to deal with, and Trump takes the blame.
yaesu
(8,020 posts)increases have been left to rot since that slap in the face 1200 months ago while wall street is still partying on their 9 trillion dollar sugar high.
Marthe48
(16,932 posts)as long as you can, you vicious bastard
appalachiablue
(41,118 posts)to Social Security and Medicare, the 'Romney Bill' already backed by some Dems. A bad, unpopular move esp. with the election coming up, if it's held.
GOP Covid Relief Pkg. To Incl. Romney Bill That Would Fast Track Social Security & Medicare Cuts, July 24
https://democraticunderground.com/1016263324
diva77
(7,639 posts)BadgerKid
(4,550 posts)The lesser among us. What if an election isnt enough?
duforsure
(11,885 posts)For intentionally stalling , and for trying to stiff the American people now. People are pissed at trump and all the GOP now, and running from the republican party. They are turning states blue from this.
Firestorm49
(4,030 posts)BlueIdaho
(13,582 posts)The beatings will continue until morale improves.
machoneman
(4,006 posts)chriscan64
(1,789 posts)It burns them up how $600 a week is more than many jobs. How about making minimum wage $600 a week? They are concerned with how high the supplement is, not one thought about why the salaries are so low.
The two schools of thought from the gop are both reelection strategies, keep the economy afloat with stimulus or force workers back to the pre-pandemic economy, virus be damned. I am not privy to the conversations they are having, but I would bet my last dollar that the words, "Who's going to pay for this?" were spoken, as if the rich in the form of taxes is not an option.
marble falls
(57,067 posts)taking longer to put this to law than it took Mrs Moscow's Mitch to get her $350,000 check from the last package?
totodeinhere
(13,058 posts)n/t
totodeinhere
(13,058 posts)start thinking about plan B. I don't think it's going to happen anytime soon as the article indicates. There will be a lot of suffering. I hope that those evil bastards all lose in November.