New York : Why wouldn’t a second stimulus check be part of a new stimulus package?

New York :

Why wouldn't a second stimulus check be part of a new stimulus package?

Nancy Pelosi and Chuck Schumer, leaders of the House and Senate Democrats, respectively.

Photo: Alex Wong / .

Although Republicans and Democrats agree on the need to pass a new stimulus package before the end of the year, the parties have not been able to unite wills for a broad one that includes a second round of checks.

This is partly because lawmakers are focused on a spending bill that they must pass before December 11 to avoid a federal government shutdown.

As part of that evaluation, the congressmen have decided to include as the basis of a new stimulus bill the bipartisan draft presented in the Senate that could lead to the approval of new aid this week, as anticipated by the leader of the Democratic majority in the House of Representatives, Nancy Pelosi.

The proposal includes a temporary solution to emergency issues related to the economic effects of the coronavirus, such as an extension of unemployment assistance and protections against eviction.

About 12 million Americans who receive additional unemployment assistance under the CARES law they would be without those funds as of the 26th of this month.

Additionally, millions of people are exposed to eviction orders by the end of this month when a moratorium that protects them from the actions of landlords ends.

Stimulus Check Division in Congress

It is no less true that the issue of the stimulus check has also divided both delegations for some time, mainly in the Senate.

Senate Majority Speaker Mith McConnell has been one of the strongest opponents of new direct payments to individuals and families. The latest $ 500 billion stimulus plan introduced in that body of law did not include checks. The project renewed for the same amount promoted by McConnell also does not establish provisions for a second round.

Time is ticking for approval of new coronavirus aid

Lack of time and the fact that 2020 is ending in about two weeks also influences the consideration of a more limited stimulus package.

“We are short on time, we have a bipartisan commitment. This should be the draft for the emergency that we have now to deal with other things in the coming months, “he said. Chuck schumer, leader of the Democratic minority in the Senate.

Biden endorses a focused stimulus package

Not only do the majority of lawmakers in Congress endorse a focused stimulus bill, President-elect Joe Biden as well.

Last week, the Democrat asked Congress for urgency on the issue.

The official said that although the stimulus package under consideration would not be the complete answer to the problem, it would immediately help with “many things.”

Both congressmen and the president-elect have left open the possibility that a stimulus check is part of a new legislation that gives continuity to what is approved before the end of the year.

Water begins trading on the Wall Street futures market

Images of crowds gathered at Nottingham Christmas market create controversy