Senate Majority Chief Mitch McConnell introduced that the Senate will vote Wednesday the coronavirus aid proposal crafted by Republicans, along with a separate vote on extra funding for a program to help small companies on Tuesday. McConnell’s announcement is a blow to efforts by the White Home and Speaker Nancy Pelosi to barter a bigger invoice.
McConnell mentioned in an announcement Saturday that the proposal, which price over $500 billion, would supply funds to develop unemployment advantages, one other spherical of the Paycheck Safety Program, monetary support to colleges and funding for testing and tracing. Republicans tried a vote on the invoice over the summer time, however the, who argued that the invoice didn’t go far sufficient to deal with the wants of the American individuals.
In his statement posted to Twitter, McConnell blamed Pelosi for failing to barter with Senate Republicans to safe a deal.
“Speaker Pelosi has wasted months enjoying political video games with the well being and monetary safety of American households,” McConnell mentioned.
Nevertheless, the Home handed an enormous $3.four trillion aid invoice in Might, which McConnell has refused to contemplate. Senate Republicans and the White Home argued that the Home invoice contained too many provisions unrelated to the pandemic. The Home then accepted afinal month.
Pelosi and Treasury Secretary Steven Mnuchin have engaged in negotiations over a invoice on and off for a number of months. Mnuchin proposed a $1.eight trillion plan, which Pelosi rejected, arguing that it nonetheless didn’t go far sufficient. Mnuchin mentioned final week that he waswith Pelosi on testing, and President Trump mentioned he can be keen to conform to an excellent increased quantity than the framework Mnuchin proposed.
In his assertion, McConnell mentioned the Senate would think about a proposal negotiated by Pelosi and the White Home.
“If Speaker Pelosi ever lets the Home attain a bipartisan settlement with the Administration, the Senate would after all think about it. However People need assistance now,” McConnell mentioned.
Nevertheless, it appears unlikely that McConnell would think about a big proposal. McConnell instructed reporters in Kentucky on Thursday that “we’re in discussions with the secretary of the Treasury and the speaker a few increased quantity,” however mentioned “that is not what I will placed on the ground.”
When particularly requested if there may very well be a compromise inside a $2 trillion vary, McConnell mentioned “I do not assume so.”