GOP leaders met with Trump to discuss the stimulus package—here’s what we know: by theothersarahh
As Congress returned to Washington Monday facing a three-week crunch to pass the next stimulus package before they break for an August recess, Senate Majority Leader Mitch McConnell and House Minority Leader Kevin McCarthy met with President Trump to discuss the GOP’s proposed bill, slated to be released this week. Here’s what we know about the long-awaited legislation.
Additional aid to state and local governments—a key Democratic priority—is not likely to be included in the draft GOP legislation, according to the, though the proposal could ease restrictions on how states are allowed to spend CARES Act aid and may include additional money for states to reopen schools.also reports that McConnell’s draft could include at least two new tax credits for businesses.
The total cost of the Republican proposal is expected to be about $1 trillion—that’s one third of what the House Democrats proposed in the $3 trillion Heroes Act. While Democrats have been advocating for more immediate, large-scale spending for months, Republicans led by McConnell have opted for a “wait and see” approach to the next bill, preferring to let existing federal relief spending from the CARES Act trickle down through the economy before authorizing more. to Senate Democrats on Monday, Senate Minority Leader Chuck Schumer urged his colleagues to continue to push for the party’s priorities in the next bill.
the next stimulus bill Congress passes will be the last. House Democrats passed their proposal—the $3 trillion Heroes Act—in May, but Senate Republicans did not seriously consider the bill.
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