Read: Senate Republican coronavirus stimulus - Business Insider

Senate Majority Leader Mitch McConnell is bringing up a coronavirus stimulus that contains several bipartisan proposals but that Democrats have panned as insufficient.This story is available exclusively to Business Insider subscribers.The so-called "skinny" stimulus isn't expected to pass because Democrats say it doesn't meet the country's needs amid the pandemic. The bill would provide a $300-a-week boost to unemployment payments.

The vote is expected to fail but is part of a plan from Senate Majority Leader Mitch McConnell to put Democrats in a tough spot ahead of the November election. Democrats oppose the GOP stimulus because they say it falls short of the country's needs. Instead, they favor a $2.2 trillion measure called theBusiness Insider obtained a copy of the latest Republican bill, formally called the Delivering Immediate Relief to America's Families, Schools and Small Businesses Act.

The latest bill doesn't provide another round of the popular $1,200 checks to individuals pushed by President Donald Trump. But it would give people $300 a week on top of their unemployment payments and allow more businesses to get forgivable loans for keeping their workers on payroll.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

A tour inside a 3D-printed home that took one week to build - Business InsiderThis company is building 3-D printed, small homes on existing residential properties to fight back against California's housing shortage. Look inside a unit that was move-in ready in one week.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Senate Republicans reluctant to support costly stimulus deal that Trump wants - 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.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Small-business relief bill from Senate Republicans rejected by Democrats amid stimulus talksThe vote came as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were engaged in intense negotiations over a broader stimulus package.
Sumber: Newsweek - 🏆 468. / 52 Baca lebih lajut »