• Home
  • Terms & Conditions
  • Privacy & Policy
Monday, March 8, 2021
  • Login
No Result
View All Result
NEWSLETTER
Tampa Bay Journal
  • Home
  • Business
  • Tampa Bay Local News
  • Personal Finance
  • Home
  • Business
  • Tampa Bay Local News
  • Personal Finance
No Result
View All Result
Tampa Bay Journal
No Result
View All Result
Home Business

Republican senators present smaller Covid proposal

by Business News
January 31, 2021
in Business
0
Republican senators present smaller Covid proposal
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Senator Mitt Romney, a Republican from Utah, listens during a Senate Foreign Relations Committee hearing regarding Iran-U.S. relations on Capitol Hill in Washington, D.C., U.S., on Wednesday, Oct. 16, 2019.

Al Drago | Bloomberg | Getty Images

WASHINGTON – A group of 10 Republican senators called on President Joe Biden to consider a smaller, alternative Covid-19 relief proposal as his administration works to pass a $1.9 trillion package to address the economic fallout triggered by the pandemic.

In a letter to Biden on Sunday, Sens. Susan Collins of Maine, Mitt Romney of Utah, Rob Portman of Ohio, Lisa Murkowski of Alaska and five other lawmakers said they would unveil their proposed legislation on Monday.

“We recognize your calls for unity and want to work in good faith with your administration to meet the health, economic, and societal challenges of the Covid crisis,” the senators wrote.

“With your support, we believe Congress can once again craft a relief package that will provide meaningful, effective assistance to the American people and set us on a path to recovery,” the group wrote asking for a meeting with Biden in order to discuss the proposed legislation in greater detail.

The senators explained that their version of the Covid relief package provides “more targeted assistance” to Americans with the greatest need. The proposed legislation asks for a total of $160 billion for vaccine development and distribution, testing and tracing, treatment as well as other crucial supplies.

The senators laid out the following details of their plan:

  • An additional round of economic impact payments for families who need assistance the most including their dependent children and adults.
  • Extends enhanced federal unemployment benefits at the current level.
  • Fully funds nutrition assistance to help struggling families.
  • Additional resources to help small businesses and their employees through the Paycheck Protection Program and the Economic Injury Disaster Loan Program.
  • Funds resources for opening schools safely and for child care.
  • Provides $4 billion to bolster behavioral health and substance abuse services.

On Sunday, Portman told CNN’s “State of the Union” that the proposal would be a slimmer version of what was presented by the Biden administration.

“It’d be less than $1.9 [trillion] because much of what the administration has laid out has nothing to do with Covid-19,” Portman explained. “As an example, with regard to the direct payments, we think they should be much more targeted,” he added.

Brian Deese, director of the National Economic Council, told MSNBC’s “Meet the Press” on Sunday that the White House had received the letter and was open to discussing the proposed legislation.

“The president has said repeatedly, he is open to ideas wherever they may come that we could improve upon the approach to actually tackling this crisis. What he is uncompromising about is the need to move with speed on a comprehensive approach here,” Deese said.

“We’ve been engaging with members of Congress from both parties and in both houses over the course of the last week or two. We will continue to do that as we go forward,” he added.

Deese also told CNN’s “State of the Union” that the administration is willing to negotiate on the stimulus checks.

CNBC’s Tucker Higgins and Emma Newburger contributed to this report from New York.



Source link

This article originally appeared on www.cnbc.com

Business News

Business News

Next Post
My Sister Moved in With Dad, Says She Can’t Be Evicted

My Sister Moved in With Dad, Says She Can’t Be Evicted

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Despite COVID-19 surge, Florida AARP wants visitors allowed back inside long-term care facilities

Long term care facilities reopening to visitors with new rules

6 months ago
How telemedicine can save you time and money

How telemedicine can save you time and money

4 months ago

Popular News

    Connect with us

    Newsletter

    Category

    • Business
    • Personal Finance
    • Tampa Bay Local News

    Site Links

    • Home
    • Privacy & Policy
    • Terms & Conditions
    • Log Out

    About Us

    One of the most trusted news sources of the greater Tampa Bay and Gulf Coast areas.

    All business, all the time.

    • Home
    • Terms & Conditions
    • Privacy & Policy

    © 2020 Tampa Bay Journal -

    No Result
    View All Result
    • Home
    • Business
    • Tampa Bay Local News
    • Personal Finance

    © 2020 Tampa Bay Journal -

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In