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03/26/2020 | Press release | Distributed by Public on 03/26/2020 13:35

GOP Led Senate Delivers Relief Deal, While Pelosi-Led House Continues To Delay

The Facts:

THE STIMULUS PACKAGE WILL HELP ALL AMERICANS WHO HAVE BEEN IMPACTED BY THE CORONAVIRUS

  • Early Wednesday morning, the White House and Senate ' struck a deal ' to deliver $2 trillion in government relief to Americans.
  • On March 25, 2020, the Senate passed the $2 Trillion coronavirus package from 96 to 0 .
  • The bill includes $500 billion in emergency loans for businesses and municipalities who have been affected by the coronavirus.
  • The bipartisan bill will also increase unemployment by $600 per week for four months, which will help gig economy and other furloughed workers who are still receiving insurance but not paychecks.
  • The bill contains approximately $150 billion for hospitals treating coronavirus patients, with $100 billion going directly to the hospitals, $1 billion to Native American Health Services, and the remaining to increase the medical equipment supply.
  • Another $150 billion will go to state and local governments who have been dealing with the impacts of the coronavirus and $8 billion will go to tribal governments.
  • A one- time $1,200 check will be sent to adults who make $75,000 or less, married couples earning up to $150,000 will receive $2,400, and a $500 payment will be sent to cover every child in qualifying households.
  • According to The Washington Post, the bill will also include $367 billion to provide loans to small businesses.

THE REPUBLICAN-LED SENATE CAME TOGETHER ON A BIPARTISAN DEAL TO PROVIDE RELIEF TO ALL AMERICANS

  • Senate Minority Leader Charles Schumer (D-NY) stated that the bipartisan agreement is much needed to put the people and workers first during this pandemic.
  • Treasury Secretary Steve Mnuchin said that President Trump was 'pleased' with the bipartisan deal and urged the House to take up the bill 'without changes.'
  • Senator John Boozman (D-AR) said he was pleased with the bipartisan deal, and that Americans are counting on the bill to move forward.
  • Senator Kristen Gillibrand (D-NY) said she was glad that Democrats had reached a bipartisan deal with Republicans, as the stimulus will 'prioritize workers and families' during this time.
  • Senator Marco Rubio (R-FL) said he worked with Democrats to provide 'extraordinary assistance' to small businesses so they can survive during the coronavirus.
  • Democrat aides said they were hopeful that a ' strong bipartisan Senate vote ' would make it possible for the Senate bill to be passed in the House by unanimous consent.

THE MEDIA PRAISED THE BIPARTISAN BILL, SAYING IT WOULD PROVIDE IMMEDIATE RELIEF TO FAMILIES AND BUSINESSES

  • NBC's Daniella Guzman : The coronavirus stimulus package will help the 'economic blow' of the pandemic for workers and businesses in the United States.
  • Politico : The funding in the stimulus 'amounts to a big win for hospitals,' as the pandemic has threatened the industry.
  • Axios : Congress's coronavirus stimulus package will have 'immediate and lasting impact on ordinary citizens around the country.'
  • Jill Schlesinger , CBS news business analyst: the unemployment benefits laid out in the stimulus bill will also include independent contractors and gig workers, 'people who are usually excluded from claiming unemployment' and 'that is a very big deal.'

IN ORDER FOR AMERICANS TO RECEIVE RELIEF, NANCY PELOSI AND HOUSE DEMOCRATS NEED TO MOVE ON THE DEAL

  • Despite the bipartisan agreement in the Senate, Pelosi said the deal didn't go as far as the plan she had released.
  • After releasing her statement, the House adjourned until 11 a.m. Wednesday meaning that even if the Senate passed the bill, the House would not act on it until Thursday.
  • Speaker Pelosi said that the House will not take up legislation until Friday .

THE DEAL REACHED IN THE GOP-LED SENATEWILL HELPS ALL AMERICANS WHO HAVE BEEN IMPACTED BY THE CORONAVIRUS

The Relief Bill Will Help American Families, Businesses, And Provide Aid To Hospitals And Local Communities

Early Wednesday Morning, The White House And Congress 'Struck A Deal' To Deliver $2 Trillion In Government Relief To Americans. 'The White House and Congress struck a deal in the predawn hours to deliver $2 trillion in government relief to a nation increasingly under lockdown, watching nervously as the twin threats of disease and economic ruin grow more dire.' ( The New York Times , 3/25/20)

On March 25, 2020, The Senate Passed The $2 Trillion Coronavirus Packaged 96 To 0. 'On March 25, the Senate passed a $2 trillion coronavirus relief package in an effort to address the economic impacts caused by the pandemic. The sprawling legislation, which passed 96 to 0, would send checks to more than 150 million American households, set up enormous loan programs for businesses large and small, pump billions of dollars into unemployment insurance programs, greatly boost spending on hospitals, and much more.' ( The Washington Post , 3/26/20)

The 'Biggest Sticking Point' Between Both Parties Throughout Negotiations Was $500 Billion In Emergency Loans For Large Businesses And Municipalities Who Have Been Affected By The Coronavirus. 'The biggest sticking point between Democrats and Republicans throughout the negotiations was $500 billion in emergency loans both for large businesses and municipalities grappling with the coronavirus outbreak. For instance, $50 billion of that money was allotted to passenger airlines, according to the Washington Post.' ( Vox , 3/25/20)

The Bill Will Also Increase Unemployment Insurance By $600 Per Week For Four Months, Helping The Gig Economy Workers And Other Furloughed Workers Who Are Still Receiving Insurance But Not Receiving Paychecks. 'The new bill will increase unemployment insurance by $600 per week for four months. This money is in addition to what states pay as a base unemployment salary. This benefit would extend to gig economy workers, freelancers, and furloughed workers who are still getting health insurance from their employers, but are not receiving a paycheck.' ( Vox , 3/25/20)

The Latest Bill Will Contain About $150 Billion For Hospitals Treating Coronavirus Patients; $100 Billion Will Go Directly To The Hospitals, $1 Billion Will Go To Indian Health Services, And The Remaining Will Be Used To Increase Medical Equipment. 'In a statement, Schumer reported to Senate Democrats that the latest bill will contain $150 billion for hospitals treating coronavirus patients. Of that money, $100 billion will go to hospitals, $1 billion will go to the Indian Health Service, and the remainder will be used to increase medical equipment capacity.' ( Vox , 3/25/20)

About $150 Billion From The Bill Would Be Allocated For State And Local Governments Who Have Been Impacted By The Coronavirus Including $8 Billion Which Will Go To Tribal Governments. 'Schumer also said about $150 billion of federal money would be allocated for state and local governments who are dealing with the impacts of the crisis in their local communities, including $8 billion for tribal governments.' ( Vox , 3/25/20)

A One-Time $1,200 Check Will Be Sent To Adults Making $75,000 Or Less, Married Couples Earning Up To $150,000 Will Receive $2,400, And A $500 Payment Will Be Sent To Cover Every Child In Qualifying Households. 'According to US media, individuals who earn $75,000 or less would get direct payments of $1,200 each, with married couples earning up to $150,000 receiving $2,400 and an additional $500 per each child.' ( BBC, 3/25/20)

According To The Washington Post, The Bill Will Also Include $367 Billion To Provide Loans For Small Business. 'There would be $367 billion in the bill aimed at providing loans for small businesses, according to the Washington Post.' ( Vox , 3/25/20)

THE REPUBLICAN-LED SENATE CAME TOGETHER TO REACH A BIPARTISAN DEAL THAT WILL PROVIDE RELIEF TO ALL AMERICANS

After Working With Both Sides Of The Aisle For Days, The GOP-Led Senate Finalized A Bipartisan Agreement On A Deal To Address The Coronavirus

This Morning, Majority Leader Mitch McConnel (R-KY) Announced The Senate Had Finally Reached A Bipartisan Agreement To Provide Historic Relief Targeting The Coronavirus. ( Twitter Feed , 3/25/20)

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Senate Minority Leader Charles Schumer (D-NY) Praised The Legislation As 'The Largest Rescue Package In American History.' 'Senate Democratic Leader Charles Schumer (N.Y.) hailed the legislation as 'the largest rescue package in American history.' 'This bill is far from perfect, but we believe the legislation has been improved significantly to warrant its quick consideration and passage,' he said.' ( The Hill , 3/25/20)

ยท Schumer Said The Bipartisan Agreement Is Much Needed 'To Fight Coronavirus And Put People And Workers First.' ( Twitter Feed, 3/25/20)

Treasury Secretary Steve Mnuchin Said That The President Was 'Pleased' With The Bipartisan Deal And Urged Nancy Pelosi To Take Up The Bill And Pass 'Without Changes.' 'Mnuchin said early Wednesday morning that President Trump was 'pleased' with the deal and urged Pelosi to take up the Senate bill and pass it without changes. 'This is a very important bipartisan legislation that is going to be very important to help American workers, American business. ... We couldn't be more pleased. Spoken to the president many times today, he's very pleased with this legislation and the impact this is going to have,' he told reporters.' ( The Hill , 3/25/20)

Senator John Boozman (D-AR) Said He Was Pleased To See A Bipartisan Deal, And Americans Are Counting On Them To Move Forward And Pass The Bill. ( Twitter Feed , 3/25/20)

Senator Kristen Gillibrand (D-NY) Said She Was 'Glad' That The Democrats Reached A Bipartisan Deal With The Republicans As The Stimulus Will Help Our Health Care System, Provide Needed Equipment For Hospitals And First Responders, And 'Prioritize Workers And Families.' ( Twitter Feed , 3/25/20)

Senator Marco Rubio (R-FL) Worked With Democrats To Provide 'Extraordinary Assistance' To Small Business So They Can Survive During The Coronavirus. ''There is broad general agreement that small businesses in this country will not be able to survive unless there is extraordinary assistance,' said Senator Marco Rubio, Republican of Florida and the chairman of the Small Business and Entrepreneurship Committee, who worked with Democrats to create the program. 'The goal is to keep employees connected to their employers, so that people aren't just having to stay home and aren't just feeling the stress of being laid off, but the uncertainty of whether they'll even have a job to go back to.'' ( The New York Times , 3/25/20)

Democrat Aides Said They Were Hopeful That A 'Strong Bipartisan Senate Vote' Would Make It Possible For The Senate Bill To Be Passed In The House By Unanimous Consent. 'Democratic aides said they were optimistic that a strong bipartisan Senate vote would make it possible to pass the bill by unanimous consent in the House - a process requiring only two members present in the House chamber.' ( The Washington Post , 3/25/20)

THE MEDIA PRAISE THE BIPARTISAN BILL AS IT WILL PROVIDE IMMEDIATE RELIEF TO FAMILIES AND BUSINESSES

After Reviewing The Bipartisan Deal, Reporters And The Media Agree That This Will Help Americans Who Have Been Impacted By The Coronavirus

NBC's Daniella Guzman: The Coronavirus Stimulus Package Will Help The 'Economic Blow' Of The Pandemic For Workers And Businesses In The United States. ( Twitter Feed , 2/25/20)

Politico : The Funding In The Stimulus 'Amounts To A Big Win For Hospitals,' As The Pandemic Has Threatened The Industry. 'The funding was a major sticking point and amounts to a big win for hospitals, who warn the pandemic could be a financial disaster for the industry.' ( Politico , 3/25/20)

Axios: Congress' Coronavirus Stimulus Package Will Have 'Immediate And Lasting Impact On Ordinary Citizens Around The Country.' 'Congress' $2 trillion coronavirus stimulus package is the rare legislative agreement that will have an immediate - and lasting - impact on ordinary citizens around the country.' ( Axios , 3/25/20)

Jill Schlesinger, CBS News Business Analyst: The Unemployment Benefits Laid Out In The Stimulus Bill Will Also Include Independent Contractors And Gig Workers, 'People Who Are Usually Excluded From Claiming Unemployment' And 'That Is A Very Big Deal.' 'I thought one really good feature of this was the extension of unemployment benefits for an extra four months, but also it included independent contractors and gig workers. People who are usually excluded from claiming unemployment benefits, and that is a very big deal.' (CBS This Morning, 3/25/20)

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IN ORDER FOR AMERICANS TO RECEIVE RELIEF, NANCY PELOSI AND HOUSE DEMOCRATS NEED TO MOVE ON THE DEAL

After A Historic Bipartisan Deal Was Made In The Senate, Speaker Pelosi Has Yet To Agree To Do The Same

Despite The Bipartisan Agreement In The Senate, Pelosi Said The Deal Didn't Go As Far As The Plan She Released. 'In a statement, Pelosi signaled that the agreement that resulted from negotiations between Senate Minority Leader Chuck Schumer, D-N.Y., and Secretary of the Treasury Steven Mnuchin is an improvement from the original GOP proposal but it doesn't go as far as the plan she released earlier this week.' ( NBC News , 3/25/20)

After Releasing Her Statement, The House Adjourned Until 11 A.M Wednesday Meaning That Even If The Senate Passed The Bill, The House Would Not Act On It Until Thursday. 'Shortly after Pelosi released her statement, the House adjourned until 11 a.m. Thursday. This means that even if the Senate passes the package Wednesday, it is likely the House would not act on it until Thursday, according to a Democratic leadership source.' ( NBC News , 3/25/20)

Speaker Pelosi Said That The House Will Not Take Up Legislation Until Friday . ( Twitter Feed , 3/26/20)

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