Republicans released the text of their trillion-dollar coronavirus stimulus package, paving the way for negotiations with Democrats to begin
Senate Majority Leader Mitch McConnell introduced the text of the Republicans’ trillion-dollar proposal for the so-called “Phase 3” coronavirus stimulus package, paving the way for negotiations with Democrats to formally begin.The GOP proposal outlines provisions to give small businesses federally guaranteed loans, provide direct cash payments to Americans and lend to hard-hit industries such as airlines.
Sen. Lindsey Graham has been the most vocal opponent of the cash payments plan pushed by President Donald Trump, Treasury Secretary Steven Mnuchin and other senior administration officials. Graham told Senate Republicans on Thursday that he had called Trump to lobby against the plan, adding that Rep. Mark Meadows — soon to take over as White House chief of staff — agreed with him.
"I personally think if we're going help people we ought to direct the cash payments maybe as a supplement to unemployment, not to the people that are still working everyday," said Senate Appropriations Committee Chairman Richard Shelby . "Just a blanket cash check to everyone in America who is making $75,000... I don't know the logic of that. I could see tying it to unemployment, maybe boosting it for people who are going be laid off for a while.
"We're all going to have to vote for something that in another environment we wouldn't support," said Sen. John Kennedy .
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