The outcome of the US presidential election is affecting the speed at which Americans accept the second round of economic stimulus measures. With Biden named president-elect, Americans are eager to know how soon they will receive the second round of direct payments. The Senate will resume its meeting on Monday, when it will give priority to discussing the stimulus package.
When the second stimulation test is about to come
Many Americans hope to pass a new stimulus package with a second round of stimulus before the presidential election. Now, the election is mainly due to the fact that former Vice President Biden has always been called the President-elect and Vice President Kamala Harris. This issue will get their second stimulus check when the issue has become American.
President Donald Trump reviewed the current state of the discussion of the second stimulus review and promised to “take a huge stimulus plan immediately after the election.” However, he is now busy prosecuting states and asking several counties to recount their votes. Emphasize that the election is not over yet.
The Speaker of the House of Representatives, Nancy Pelosi, is the key to stimulating negotiations. She won her election for the House of Representatives in the California area and has been seeking to serve as Speaker of the House again for two years. She asked for their support in a letter to her colleagues on Friday. She and Treasury Secretary Steven Mnuchin were discussing stimulus clauses almost every day before the election, but they never reached an agreement. Pelosi promoted the revised US$2.2 trillion “Heroes Act”, and the White House offered a counter-offer of US$1.8 trillion. Both stimulus programs include a second round of stimulus checks on Americans. Pelosi said on Friday that she wanted to resume negotiations with Republicans on coronavirus relief assistance.
While preparing for Biden’s new administration, we must also act quickly to formulate a new coronavirus relief bill. We hope that Republicans will return to the table.
Senate Majority Leader Mitch McConnell (Mitch McConnell) was seen as the key to preventing the passage of several proposed stimulus plans, including direct payments to Americans. He recently tried to propose a much smaller stimulus bill than Pelosi’s revised “Heroes Act” in the Senate. His bill was blocked by the Democratic Party, and he did not conduct a second round of stimulus checks on individuals for $1,200.
McConnell has also been re-elected for the seventh term. He stated on Wednesday after his re-election that the economic stimulus bill should be completed by the end of this year and will be the focus of the Senate, adding:
We need another rescue package. The Senate will meet again next Monday. It is hoped that the partisan enthusiasm that prevents us from making another rescue package will subside with the election. I think we need to do this, and I think we need to do it before the end of the year.
At the same time, former Vice President Biden also outlined his stimulus aid relief plan. He said on Saturday after the media called him a presidential victory that he made fighting the spread of the coronavirus a top priority, including the Covid-19 relief assistance program. Biden is expected to enter the White House on January 20.
As part of his presidential campaign, Biden published his emergency action plan to save the economy, which provided insight into the direction of his economic stimulus relief supplies when he was elected president. Cnet said that his plan “embedded some elements of the CARES Act, such as providing stimulus payments and more unemployment benefits for eligible Americans.”
Biden has promised that, as president, he will “provide more checks to families based on conditions.” He further pledged to “provide emergency paid sick leave to everyone who needs it, and no one missed it. This should include workers in all industries and all sectors, regardless of the size of the company, but also part-time workers, domestic workers, contractors and self-employed people. “Although Biden’s plan includes a second round of direct stimulus payments, it did not specify how many or how many, or whether any conditions will be changed due to the CARES Act.
When do you think Americans will receive the second stimulus test? Let us know in the comments section below.
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