Fast company logo
|
advertisement

The blame game continues on Capitol Hill as Americans reeling from the coronavirus pandemic go empty-handed.

Here’s what’s in Mitch McConnell’s stimulus plan (no mention of $1,200 checks)

[Photo: Lisa Ferdinando/DoD Photo/Flickr; Sharon McCutcheon/Unsplash]

BY Christopher Zara1 minute read

After promising to take up a stimulus bill for coronavirus relief this week, Senate Majority Leader Mitch McConnell outlined what his striped-down plan would include in a press release on Saturday. The Senate is expected to vote on the proposal on Wednesday. Here’s what McConnell says it will include:

  • “More federally-expanded unemployment benefits for laid-off Americans”
  • “An entire second round of the Paycheck Protection Program to save workers’ jobs at the hardest-hit small businesses”
  • “$100B+ to make schools safe for kids”
  • “More testing”
  • “More tracing”
  • “More funding for Operation Warp Speed to produce a vaccine”
  • “More funding to distribute that vaccine across the country”

Noticeably absent from the list? Additional aid for state and local governments and direct payments to Americans in the form of $1,200 stimulus checks. At $500 billion, McConnell’s plan is not even one-third the size of latest $1.8 trillion proposal from the White House—a deal some prominent Democrats, including Representative Ro Khanna of California—have urged House Speaker Nancy Pelosi to take.

McConnell has said that he won’t even bring a bill that size to the floor, but President Trump—looking for last-minute pre-election win—wants a deal before November, so we’ll see if McConnell changes his tune at all this week. As the Hill reports, Chuck Schumer, the Senate minority leader, has already called McConnell’s pared-down bill and pending vote this week a “stunt.”

Stay tuned . . .    

advertisement

Recognize your brand’s excellence by applying to this year’s Brands That Matter Awards before the early-rate deadline, May 3.

CoDesign Newsletter logo
The latest innovations in design brought to you every weekday.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Privacy Policy

ABOUT THE AUTHOR

Christopher Zara is a senior editor for Fast Company, where he runs the news desk. His new memoir, UNEDUCATED (Little, Brown), tells a highly personal story about the education divide and his madcap efforts to navigate the professional world without a college degree. More


Explore Topics