Emergency aid package hits snag
Objections complicate push for fast approval
A snag developed Wednesday after the White House and Senate leaders had agreed on a $2 trillion emergency bill to provide assistance to businesses, workers and the health care system ravaged by the coronavirus pandemic.
Senate Minority Leader Chuck Schumer, D-N.Y., had called the bipartisan deal “the largest rescue package in history.” But late concerns over unemployment insurance provisions have threatened passage in the Senate.
The bill would give direct payments to most Americans ($1,200 per adult and $2,400 for most married couples), expand unemployment benefits and provide a $367 billion program for small businesses.
WASHINGTON – Senate leaders raced to unravel last-minute snags Wednesday and win passage of an unparalleled $2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic.
The measure is the largest economic relief bill in history, and both parties’ leaders were desperate for quick passage of a bill aimed at a virus that is costing lives and jobs by the hour.
The package is intended as a weekslong or monthslong patch for an economy spiraling into recession or worse and a nation facing a grim toll from an infection that’s killed nearly 20,000 people worldwide.
Underscoring the effort’s sheer magnitude, the bill finances a response with a price tag that equals half the size of the entire $4 trillion annual federal budget.
“A fight has arrived on our shores,” said Senate Majority Leader Mitch McConnell. “We did not seek it, we did not want it, but now we’re going to win it.”
“Big help, quick help, is on the way,” said Senate Minority Leader Chuck Schumer.
But the drive by leaders to speed the bill through the Senate was slowed as four conservative Republican senators demanded changes, saying the legislation as written “incentivizes layoffs” and should be altered to ensure employHouse ees don’t earn more money if they’re laid off than if they’re working.
Complicating the standoff, Sen. Bernie Sanders of Vermont, whose campaign for the Democratic presidential nomination has flagged, said he would block the bill unless the conservatives dropped their objections.
Other objections floated in from New York Gov. Andrew Cuomo, whose state has seen more deaths from the pandemic than any other. He said: “I’m telling you, these numbers don’t work.”
Senate passage would leave final congressional approval up to the Democratic-controlled House. Speaker Nancy Pelosi, D-Calif., said the bipartisan agreement “takes us a long way down the road in meeting the needs of the American people” but she stopped short of fully endorsing it. members are scattered around the country and the timetable for votes in that chamber is unclear.
House Democratic and Republican leaders have hoped to clear the measure for President Donald Trump’s signature by a voice vote without having to call lawmakers back to Washington.
White House aide Eric Ueland announced the agreement Wednesday, shortly after midnight.
The bill would give direct payments to most Americans, expand unemployment benefits and provide a $367 billion program for small businesses to keep making payroll while workers are forced to stay home. One last issue concerned $500 billion for guaranteed, subsidized loans to larger industries, including a fight over how generous to be with the airlines.