Published: Tue, February 02, 2021

Republican Senators' Plan Drops the $3,000 or $3,600 Child Credit

Republican Senators' Plan Drops the $3,000 or $3,600 Child Credit

US President Joe Biden is not willing to settle for a COVID-19 relief package that "fails to meet the moment" as the country continues to be the worst-affected by the pandemic, said the White House.

At $1.9 trillion, Biden's plan "is scaled to have the punch to finally put these dual crises behind us", Jared Bernstein, a member of Biden's Council of Economic Advisers, told "Fox News Sunday", referring to virus control and economic relief.

The president 'reiterated that while he is hopeful that the Rescue Plan can pass with bipartisan support, a reconciliation package is a path to achieve that end, ' White House press secretary Jen Psaki said in a statement after the meeting.

The proposal from the 10 Senate Republicans would provide a similar infusion of funding to what Biden has proposed to pay for more COVID-19 testing and vaccinations. It is expected that the next stimulus package would pass by March, when unemployment assistance and other pandemic benefits are set to expire. Republicans, on the other hand, in their counter offer proposed stimulus checks of $1,000.

Now, the White House has been clear to say that this is really an exchange of ideas, that there's not going to be any negotiation for an offer that is at all taken into account or one that is accepted by President Trump - I mean, President Biden with the changes here.

The total cost of the Republican package is about $618 billion.

Biden's plan calls for increasing the national minimum wage to $15 an hour, up from the $7.25 rate where it's stayed for over a decade.

"We want to work in good faith with you and your administration to meet the health, economic and societal challenges of the COVID crisis", reads the letter dated January 31.

Senate Majority Leader Chuck Schumer has said his chamber would begin work on it as early as this week.

Ten moderate Republican US senators urged President Joe Biden on Sunday to significantly downsize his sweeping $1.9 trillion Covid-19 relief package to win bipartisan support as Democrats in Congress prepared to push ahead with his plan this week. He added the number of serious abnormal reactions reported was no higher than for flu vaccines.This article Coronavirus: Top Chinese expert Zhong Nanshan and USA counterpart Anthony Fauci to discuss pandemic in public for first time first appeared on South China Morning PostFor the latest news from the South China Morning Post download our mobile app.

Democratic Sen. Bernie Sanders, a stalwart progressive lawmaker from Vermont and incoming chair of the Senate Budget Committee, maintained that "the question is not bipartisanship". "He said, 'Let's have our staffs share numbers and let's build on that'". "The risk of doing too little is far greater than the risk of doing too much".

According to CNN, the White House meeting with the 10 GOP (another name for the Republican Party) senators, led by moderate Senator Susan Collins of ME, is Biden's first publicly disclosed Oval Office session with lawmakers since taking office last month. The legislation would also include $350 billion for state and local governments, funding to reopen schools and more money for vaccines, testing and public health programs.

Biden proposes $170 billion for education.

Under the GOP proposal, $1,000 direct payments would go to individuals earning up to $40,000 a year, or $80,000 for couples. That's less than Biden's proposal of $1,400 direct payments at higher incomes levels, up to $300,000 for some households. He did not immediately commit to a Biden meeting with the lawmakers.

Democrats would need all 50 of their senators along with Vice President Kamala Harris in order to pass the legislation.

The measure would allow Democrats to bypass a 60-vote threshold in the closely divided Senate and enact coronavirus legislation with a simple majority through a procedure called reconciliation.

Many Democrats in Congress are assailing the Republican plan as deeply insufficient to address the crisis.

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