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Mnuchin, Pelosi talk virus relief; GOP slashes jobless aid

WASHINGTON — Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House officials agreed Monday to launch negotiations with House Speaker Nancy Pelosi on a new coronavirus aid package that’s teetering in Congress ahead of looming deadlines.

While Senate Republicans struggled to roll out their own $1 trillion proposal, Pelosi implored the White House and GOP lawmakers to stop the infighting and come to the negotiating table with Democrats. Aid runs out Friday for a $600/weekly jobless benefit that Democrats call a lifeline for out-of-work Americans. Republicans want to slash it to $200 a week, saying that the federal bump is too generous on top of state benefits and is discouraging employees from returning to work.

“Time is running out,” Pelosi said.

With the virus death toll climbing and 4.2 million infections nationwide, both parties are eager for a deal. There is widespread agreement that more money is needed for virus testing, to help schools prepare to open in the fall and to shore up small businesses. Voters are assessing their handling of the virus crisis before the November election, and President Donald Trump’s standing is at one of the lowest points of his term, according to a new AP-NORC poll.

Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows worked through the weekend on the GOP proposal and agreed to meet with Pelosi and Democratic Senate leader Chuck Schumer at the speaker’s office late Monday for talks.

The Republicans come to the negotiating table hobbled by infighting and delays. Senate Majority Leader Mitch McConnell, R-Ky., said he wanted to hit “pause” on new spending after Congress approved a sweeping $2.2 trillion relief package in March. But Pelosi, D-Calif., took the opposite approach, swiftly passing a $3 trillion effort with robust Democratic support. In the intervening months, the crisis deepened.

McConnell, flanked by top GOP chairs Monday at the Capitol, unveiled his long-awaited proposal. It provides some $105 billion to schools and colleges, the K-12 funds tilted toward campuses that reopen with in-person learning.

Republicans left out money for cash-strapped states and cities, a priority for Democrats, but included another round of $1,200 direct payments to households that Democrats also support. Based on an earlier formula, people making $75,000 or less would receive the full amount, with the benefit phased out for those earning above $99,000, or double for married couples filing joint taxes.

The GOP bill also provides $1.7 billion for a new FBI headquarters in Washington, a non-pandemic-related expense that’s a top priority for the president but not for lawmakers or McConnell. Trump’s hotel is across the street from it on Pennsylvania Avenue.

“Senate Republicans have offered another bold framework to help our nation,” McConnell said. He called it a starting point in talks.

But conservative Republicans quickly broke ranks on McConnell’s plan, arguing the spending was too much and priorities misplaced.

As bipartisan talks unfold, the White House is now suggesting a narrower relief package may be all that’s possible with Friday’s approaching deadlines.



from Boston Herald https://ift.tt/2X3Nu6X
Mnuchin, Pelosi talk virus relief; GOP slashes jobless aid Mnuchin, Pelosi talk virus relief; GOP slashes jobless aid Reviewed by Admin on July 27, 2020 Rating: 5

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