Republicans Preparing to Propose New COVID Stimulus Plan (REPORT)

Republicans Preparing To Propose New COVID Stimulus Plan

( – Senator Mitch McConnell (R-KY) along with other GOP leaders from the chamber had a conference call with Treasury Secretary Steve Mnuchin and White House Chief of Staff Mark Meadows to discuss the need for a coronavirus stimulus package. The result of the conversation was a plan to put forward a so-called “skinny” proposal ($500 billion) addressing only factors both parties have already agreed to in principle.

What’s in It?

Enhanced unemployment payments — this would include a $300 weekly bump above a person’s standard benefit. The Democrats continue to push to maintain the $600 a week from an earlier bill, but the Republicans feel a figure that high might discourage able-bodied workers from returning to a job that pays less.

New funding for the Paycheck Protection Program (PPP) — this is the program that is intended to help small businesses to continue to keep their employees on the job. These payments are technically loans, but, provided the businesses use the money to keep people paid, they’ll be forgiven.

USPS funding to the tune of $10 billion — this is the number Mnuchin and Meadows agreed on in earlier discussions with Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY).

Potential Stumbling Blocks

One of the first issues that could lead to problems involves Pelosi honoring her past agreements. She originally agreed to the $10-billion figure for the USPS, but now in an extraordinarily rare Saturday session for the House, she pushed through a $25-billion package.

Potential block number two also reflects back to the Speaker and whether or not she will put American people ahead of the Progressive Agenda. It’s publicly said that she will not negotiate unless the Conservatives in Congress agree to start discussions at $2 trillion. Democrats had already, oh so graciously, reduced their demands from down from the $3 trillion opening bid.

We also saw this stubbornness with the first package, the CARES Act, which sent direct payments to Americans. Democrats held their approval hostage to force funding to go to some of their Socialist/Communist programs. Meadows predicts there will be no negotiations or movements from Pelosi until the end of September when the government must pass funding bills or face shutdowns.

The American people may be forced to endure economic hardships in the face of the coronavirus pandemic and the racial violence seen in many Democrat-run cities for the foreseeable future. The year 2020 will go down in history as one of the most stressful ones ever, and it seems like the Democratic leadership is more than willing to play yet another game of chicken with President Donald Trump and the Conservatives for political gain.

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