U.S. Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi speak to reporters at the U.S. Capitol in Washington on July 29, 2020.
Irene Scott | Reuters
The House of Representatives passed President Joe Biden’s $1.9 trillion stimulus plan, which allowed debates and political transactions in the Senate and surrounding areas to take place.
The House of Representatives, led by California State spokesperson Nancy Pelosi, voted among the parties early on Saturday to advance a large-scale rescue plan, including an expansion designed to aid millions of unemployed America People’s plan and provide financial support to state and local governments.
Since the bill will be divided between Democrats and Republicans in the Senate at a ratio of 50 to 50, lawmakers will begin to amend the House plan next week and may pass different versions of the bill they receive.
If this happens, the House of Representatives will have to pass the Senate, otherwise the two Senates will have to meet to draft a final, acceptable draft in the Conference Committee. Democrats are vying to send the bill to Biden̵
In advocating this legislation, Senate Majority Leader Chuck Schumer (DN.Y.) emphasized that millions of Americans are still in severe economic difficulties.
He wrote on Twitter: “This is a once-in-a-hundred-year health and economic crisis.” “But according to reports, Republican leaders are’hands-on’ to get every Republican member to oppose urgent and bold COVID relief.”
He added: “There is nothing wrong. We will implement the American Rescue Plan with overwhelming public support.”
Democrats have only a few seats in both the House of Representatives and the Senate. They chose to try to pass Biden’s stimulus plan through a process called a budget settlement. The settlement allows one party to pass the bill through a simple majority vote, but limits the content that can be included in the bill to those items that have a significant impact on the federal deficit.
Although the House of Representatives passed the bill with a federal minimum wage of $15 an hour, members of the Senate decided on Thursday that no wage increase should be included in any bill under the settlement.
The congressman’s ruling underscores the fragility of the bill’s composition in the Senate, and even the opposition of a Democratic Party may be destined for Biden’s first landmark piece of legislation.
Party leadership may focus on middle-class Democrats, such as Senator Joe Manchin of West Virginia, who are more likely to be disgusted by regulations they consider expensive or unnecessary.
Manchin expressed doubts about the fate of additional stimulus measures as early as January 8 before Biden’s inauguration.
The conservative Democrat stated that he would “absolutely” oppose another round of direct payments, but later clarified in a tweet: “If the next round of stimulus checks are introduced, they should target those who need it.”
Vermont independent Bernie Sanders (Bernie Sanders) and others have instead doubled their commitment to progressive work, such as raising the minimum wage by $15.
He and Senate Finance Committee Chairman Ron Wyden (Ron Wyden) are studying the bill, which would punish large companies that pay their employees less than $15 an hour.
– CNBC’s Jacob Pramuk contributed to this report.