Latest Round of Stimulus Debated in Congress
Speaker Nancy Pelosi has unveiled the plan for another $3 trillion in spending to offset the effects of the Coronavirus economic shutdown.
House Democrats announced a sweeping new Covid-19 stimulus bill on Tuesday with a price tag expected to be more than $3 trillion — an amount that would stand as the largest relief package in history.
The legislation, which provides funding for state and local governments, coronavirus testing, and a new round of direct payments to Americans, sets up an immediate clash with the Senate, where Republican leaders have said another round of emergency funding is not yet needed.
Sen. John Barrasso, a member of Republican leadership in the chamber, warned that the new bill is dead on arrival. “That will not pass. It’s not going to be supported,” he said of the new legislation.
The package is expected to cost more than $3 trillion, dwarfing the stimulus measure enacted in March, which was more than $2 trillion and at the time amounted to the largest emergency aid package in American history.
The bill, which Democrats are calling the Heroes Act, would provide nearly $1 trillion for state and local governments, a $200 billion fund for essential worker hazard pay, an additional $75 billion for Covid-19 testing, tracing and isolation efforts, and a new round of direct payments to Americans of up to $6,000 per household, according to a fact sheet released by the House Appropriations Committee.
House Majority Leader Steny Hoyer, a Maryland Democrat, notified members on Tuesday afternoon that the House is expected to meet Friday morning to vote on the legislation.