In addition, Democrats are pushing for unemployment provisions to last four months instead of three and include independent contractors, hundreds of billions for both hospitals and a “State Stabilization Fund” to assist states with loss of revenue and expanded provisions for more worker protections.
But Republicans argue that the proposal they put forward is bipartisan, and already includes significant concessions on unemployment insurance and $75 billion for hospitals. In addition to those provisions, the proposal allocates $350 billion for small businesses, and would cover an estimated 58 million U.S. workers and more than 30 million small businesses, according to Senate Small Business Committee Chairman Marco Rubio (R-Fla.).
The GOP package also includes $1,200 in direct cash payments to individuals, including to Americans with no taxable income. The payments would be phased out for individuals who earn more than $75,000.
McConnell chastised Democrats Sunday evening for blocking the proposal from moving forward and accused Speaker Nancy Pelosi (D-Calif.) of interfering in the negotiations.
McConnell, Schumer, Pelosi, Mnuchin and House Minority Leader Kevin McCarthy (R-Calif.) met in McConnell’s office on Sunday, but Pelosi left the meeting saying that the House would draft its own bill.
The White House has called for final passage of the package by Monday, but it’s unclear if that goal remains feasible.
Source: politico.com
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