Biden administration rules out splitting its $1.9 trillion stimulus package apart - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

The Biden administration rules out splitting its $1.9 trillion stimulus package into smaller bills, increasing odds that Democrats will pass it without GOP support

White House Press Secretary Jen Psaki speaks during the daily press briefing at the White House in Washington, DC, on January 25, 2021.The Biden White House said it was not dividing its $1.9 trillion stimulus plan into several parts on Thursday.Democrats are preparing to start the reconciliation process next week, a maneuver to pass the plan without GOP votes.The Biden administration ruled out splitting its $1.

Psaki said the White House does not want to force lawmakers to prioritize one measure over the other, such as getting kids back to school or providing extra federal help to families struggling to pay for food. The remarks come as bipartisan talks continue and Democrats set the stage to kickstart the reconciliation process next week. The budgetary procedure requires a majority vote in the Senate, a potential hurdle since all 50 Democrats must support the relief package.

It also includes a $15 minimum wage, a measure that may not make it through the strict budgetary rules governing reconciliation. That component, along with its hefty price tag, has triggered intense Republican opposition.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Jmasterteacher Another week past, more rhetoric, no stimulus.

Good

I really want to recommend others to start trading with kathleen_pro trading platform,I’ve had massive growth in my BTC wallet after making several withdrawals from their trading platform,it’s so profitable and secured.I’m doing this because of her legitimacy

🤷‍♀️

Just like tax cuts for rich

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines