Sen. McConnell: Compromise On COVID-19 Stimulus Bill Is Within Reach

Senate Majority Leader Mitch McMcConnell of Ky., speaks to reporters on Capitol Hill in Washington, Tuesday, Dec. 1, 2020. (Bill O’Leary/Pool via AP)

Sen. Mitch McConnell (R-Ky.) said he’s hopeful Congress can strike a coronavirus stimulus bill before the end of the year. On Thursday, the Senate majority leader said a compromise on a roughly $500 billion bipartisan package is within reach.

Democrats backed his proposal ,which includes Paycheck Protection Program loan funding, vaccine distribution funding and education funding.

However, McConnell’s provision regarding COVID-19 liability protection for businesses and universities appears to be one sticking point for Democrats. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer have, instead, pushed for aid to state and local governments as well as supplemental federal unemployment payments.

“Now it’s been heartening to see a few hopeful signs in the past few days,” McConnell stated. “After months of arbitrary attachment to sky-high dollar amounts the Speaker of the House claimed were essential, that it would be an insult to settle for a nickel less…those baseless claims have suddenly evaporated.”

Meanwhile, Treasury Secretary Steven Mnuchin said this week President Trump is ready to sign McConnell’s relief bill.



Follow us on twitter (ajuede.com) or on Instagram (ajuedeman) for details of the global situation presently.

Comments

Popular posts from this blog

Dr. Vladimir Zelenko has now treated 699 coronavirus patients with 100% success

ORIGIN OF THE AKAN

GARDEN OF EDEN FOUND IN WEST AFRICA

STEP FOUR: LEARN TO PACKAGE YOURSELF

FIVE WAYS A WIFE CAN REST HER HUSBAND ON HER

THE HISTORY AND ORIGIN OF THE ZULU PEOPLE

BRIEF HISTORY OF NKALAHA.

MYSTERY OF IGBO COSMOLOGY

THE ORIGIN AND HISTORY OF UDI by Onyeji Nnaji

THE ORIGIN AND HISTORY OF NSUKKA by Onyeji Nnaji