Senate fails to move ahead with $500 billion GOP stimulus plan - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Senate fails to move ahead with GOP stimulus plan which extends federal unemployment benefits but leaves out direct payments

The Republican-held Senate failed to move ahead with the GOP's $500 billion stimulus plan in a 52-47 vote.

The path ahead on a coronavirus relief bill is unclear with prospects dimming until after the November election.The Senate failed to move forward on a scaled-down stimulus Thursday, further dimming the prospects of passing another coronavirus relief bill ahead of the November elections. It also contained provisions to distribute another round of small business aid, $105 billion to help schools reopen, a liability shield for businesses to guard them from coronavirus-related lawsuits, and additional public health funding.Here's what's in the GOP bill, including a $300 boost to unemployment checks and $258 billion for small businesses

Democrats have long called for a broader spending package to keep the economy afloat. Negotiations on another relief bill between the White House and top congressional Democrats stalled last month over fierce disagreements over the amount of federal spending.

 

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

Looking for a professional Digital Marketer to set up and optimize your social media accounts? Please visit :

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Senate Republicans unveil slimmed-down stimulus plan that leaves out direct payments - 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. Utter nonsense Apparently Republicans are determined to lose the Senate and WH in Nov. Basically Republicans are trying to find a way to deliver the promise to American people without actually having to write a check for it. And the bad news is Republicans love this kind of tomfoolery
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump’s long record as defense industry advocateAir Force awards ICBM contract to Northrop Grumman — New GOP stimulus plan leaves out Pentagon GOP has failed americans tremendously Now here come the left wing war mongers to screech about the orange man not caving into the military industrial complex.
Source: politico - 🏆 381. / 59 Read more »