""US politics"" – Google News
The House of Representatives stands ready to finalize Joe Biden’s comprehensive US $ 1.9 billion coronavirus promotion and assistance plan. A huge bailout package that the president has identified as crucial in removing the US from the pandemic and revitalizing its troubled economy.
If the House passes on Wednesday, as Democratic leaders expect, the first major legislative initiative from Biden’s presidency will accelerate aid to families suffering from a year-long public health crisis and the most generous expansion of aid to low-income Americans in one country offer generation.
It will send direct payments of up to $ 1,400 to most Americans, expanding aid to state, local, and tribal governments, providing federal grants for those struggling to find health insurance, shelter and groceries, and providing money to those Promote distribution and testing of Covid-19 vaccines and reopen schools safely.
Economists predict that as one of the largest emergency rescue packages in American history, the American Rescue Plan (ARP) will accelerate economic recovery, boost growth to levels not reached in decades, and increase the number of in Will drastically reduce people living in poverty.
One estimate is that the ARP could cut child poverty in half by adding a tax credit to families with children, which many Democrats want to make permanent.
House Democrats, who hold a slim majority, were confident the measure would pass Wednesday morning, despite changes being made in the Senate that threatened to alienate some progressives.
New York Congressman Hakeem Jeffries, chairman of the House Democratic Caucus, said he was “110% confident” of success. After the handover by the house, the invoice is sent to Biden for signature.
The Senate passed the bill on Saturday with a 50-49 vote. The Democrats overcame unitary Republican opposition and a last-minute objection from Joe Manchin of West Virginia, a member of their own party.
The package before the House of Representatives on Wednesday was narrower than Biden’s original proposal, which included progressive priorities that were later either canceled or scaled back to appease moderates like Manchin, who reiterated Republicans with concerns that the infusion of aid was in one Economy showing signs of too big a revival.
A provision to raise the federal minimum wage to $ 15 an hour was deemed inadmissible under a budget process that Democrats used to bypass the Republican opposition.
The Senate-approved version tightened eligibility for stimulus testing and restructured an unemployment benefit proposal that Biden wanted to increase to $ 400 per week. Under the new plan, unemployment benefits will remain at $ 300 per week but will be extended until early September rather than August. The first $ 10,200 in surcharges from 2020 will be made tax free.
Although Congresswoman Pramila Jayapal, chairwoman of the Progressive Caucus of Congress, was disappointed with some of the amendments, she called them “relatively minor concessions” and said the whole package remained “really progressive and brave”.
Read more about Lauren Gambino’s report here: US House Ready to Approve Joe Biden’s $ 1.9 Billion Covid Relief Plan