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Bloomberg QuickTake News published this video item, entitled “Pelosi Says Democrats Will Take the ‘High Road’ in the 2020 Election” – below is their description.
Congressional leaders hardened their battle lines on additional fiscal stimulus on Tuesday, with House Speaker Nancy Pelosi labeling Republican Senate Majority Leader Mitch McConnell’s proposal for a slimmed-down package “fraudulent.” The Republican bill, expected to feature some of the aspects of a $1 trillion proposal they put forth a month ago, is expected to cost $500 billion to $700 billion, potentially including some unspent funds allocated to back Federal Reserve facilities. It’s a far cry from the $2.2 trillion relief that Democrats want. “The Senate Republican majority is introducing a new targeted proposal, focused on some of the very most urgent health-care, education and economic issues,” McConnell said in a statement. “I will be moving immediately today to set up a floor vote as soon as this week.” Pelosi said in an interview with Bloomberg Television that McConnell’s proposal “isn’t even an attempt to do the right thing.” She said “we have tens of millions of people who are unemployed in this country,” and that requires sufficient stimulus. Pelosi and Senate Democratic leader Chuck Schumer said in a joint statement earlier Tuesday that the Republican bill is a “check-the-box” effort to give endangered incumbents cover in the November election. Democrats can block the bill from debate on the Senate floor because it needs the support of 60 members to advance under filibuster rules. Even so, White House Chief of Staff Mark Meadows, who has talked with moderate Democrats in recent weeks, said Tuesday he is optimistic that public pressure would push lawmakers into a compromise in the coming two weeks. He said the smaller package could serve as a “foundation” for further Covid-19 relief. “There is a groundswell of support among rank-and-file Democrats and Republicans to suggest that there is some kind of compromise,” Meadows said in an interview with Fox Business. A senior Republican aide said last week the pared-back bill will likely provide a $300-per-week unemployment benefit enhancement, $105 billion for schools, a $10 billion grant to the U.S. Postal Service, funding for the Paycheck Protection Program for small businesses, $45 billion to the Department of Health and Human Services for vaccines and testing needs, and liability protections for employers. It won’t include another round of $1,200 checks to individuals — something that President Donald Trump wants — or any aid to state and local governments, a key demand of Democrats. “The stumbling block is aid to state and local governments,” Meadows said Tuesday, reiterating his opposition to the Democrats’ proposal for almost $1 trillion in aid for regional authorities that have seen their revenues devastated by the Covid-19 crisis. The Trump administration has characterized the aid as a reward for poorly run, mainly Democratic states. Pelosi in Tuesday’s interview that the GOP has “excuses,” not real reasons for opposing the effort. She suggested that restrictions could be placed to meet any objections. McConnell tried and failed for weeks to get most of the Senate’s 53 Republicans on board with the broader $1 trillion plan in the face of opposition from deficit hawks concerned about adding to this year’s $3.3 trillion budget deficit. He’s previously said that as many 20 Senate Republicans were against any additional spending. The White House and congressional Democrats have been more than $1 trillion apart on the stimulus since negotiations broke off Aug. 7. Democrats lowered their demand from $3.4 trillion to $2.2 trillion but haven’t budged beyond that. Pelosi on Tuesday said the top-line level could be reduced through shifts in timing, while noting that she’s “certainly” not negotiating with Meadows at this point. The looming election will create pressure points for Trump as well as for incumbents in the House and Senate. The White House is pushing for stimulus payments for individuals to go out before the Nov. 3 election. “Nobody wants to give direct payments to American families more than President Donald Trump,” Vice President Mike Pence said on CNBC Friday. Immediately before their August break, two Senate Republicans trailing their Democratic challengers in polls — Susan Collins of Maine and Martha McSally of Arizona — helped introduce a bill that has a higher unemployment benefit enhancement than the one in the scaled-down proposal.Bloomberg QuickTake News YouTube Channel
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In This Story: COVID-19
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
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The main symptoms of coronavirus are:
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- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
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It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).
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Nancy Patricia Pelosi is an American politician serving as a congresswoman from California and the speaker of the United States House of Representatives. A member of the Democratic Party, Pelosi is the only woman in U.S. history to serve as Speaker and the highest-ranking female elected official in United States history. She is also the dean of California’s congressional delegation. As House speaker, Pelosi is second in the presidential line of succession, after the vice president.
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The Republican Party, sometimes also referred to as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States, along with its main, historic rival, the Democratic Party.
It was founded on 20th March 1854 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Ronna McDaniel (chairwoman).