Top GOP Lawmaker Says No Stimulus Bill Until August

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I'm a breaking news reporter for Forbes focusing on capital markets and finance. I completed my master’s degree in business and economic reporting at New York University. Before becoming a journalist, I worked as a paralegal specializing in corporate compliance.

House Minority Leader Kevin McCarthy said Tuesday that he doesn’t expect the next coronavirus relief bill to pass before the end of the month, when several key provisions of the $2.2 trillion CARES Act will expire. Lawmakers returned to Washington Monday with just three weeks to pass the next round of rescue legislation before they leave again for an August recess.

Senate Majority Leader Mitch McConnell is expected to unveil the GOP’s proposed bill this week—that draft will likely include several key , including liability protections for businesses that reopen and a reduction of the enhanced federal unemployment benefits that will expire at the end of July.

 

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Another perfect example of why every republican needs to be voted out. Up and down the ticket

I see let’s give liability protections for businesses that reopen even though we have no national strategy for reopening in a safe manner. Employers must have required guidelines with specific safeguard measures to protect their employees before protecting the business.

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Top GOP senator says stimulus check would 'do more economic good' than payroll tax cut - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Yea since so many people are out of a job, a payroll tax holiday wouldn’t help people without a job. Do you see any other countries replicating what Americans are doing? No. They're succeeding, while we've become a banana republic No! Cut the payroll tax permanently!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »