Here’s where things stand on the White House’s push for a $1 trillion stimulus package
The much broader third relief bill, the details of which remain in flux, could exceed $1 trillion. It may include direct payments to individuals, small-business lending, payroll tax cuts, and credit facilities for larger businesses and commercial paper facilities.
Lawmakers on both sides of the aisle have supported offering relief to certain industries, particularly airlines, which have drastically cut back capacity as the coronavirus and resulting travel restrictions spread. Defenders of industrywide bailouts think collapses would hurt workers as well as executives. Airlines, in particular, are viewed as essential to the U.S economy, supporting 750,000 jobs and local hubs throughout the country.
Pelosi, meantime, said Tuesday that “during negotiations, the Democratic House will continue to make clear to the administration that any emergency response package must put families first before any aid to corporate America is considered.”
Among the issues Pelosi said she would push for are refundable tax credits for self-employed workers or those in the gig economy.
She also said the party will “ensure that any action taken by the Administration balances the workforce needs on the frontlines of the coronavirus crisis while ensuring that first responders and health care workers have access to the paid leave that they need.”
we'll see what the level of their resolve is
i cant believe they didnt do that
