The wide array of proposals represents the disagreements over how the federal government should continue to combat the record number of job losses and foreshadows the political negotiations to come.
Congress will turn its attention in the coming weeks toward crafting more potential legislation to provide further economic relief as parts of the country begin to relax social distancing guidelines and allow some businesses to reopen.
House Speaker Nancy Pelosi signs the latest coronavirus relief package, the Paycheck Protection Program and Health Care Enhancement Act, on April 23.A contentious disagreement has erupted over the federal government giving states more assistance, offering a preview of the debates Congress is expected to have following its return to the nation's capital next week.
Trump continued Monday to rail against the idea of the government"bailing out" some states, as many Republicans suggest that the budget shortfalls are thanks to mismanagement issues of items like state pensions. "Nobody would be 'bailing out' New York state. New York state has been bailing them out every year for decades. We are the No. 1 giver. Nobody puts more money into the pot than the state of New York," the Democrat said during a press conference Monday. He labeled McConnell's home state of Kentucky as one of the largest"taker" states.The up to $1,200 for individuals and $2,400 for couples, paid out as part of the massive $2.
Treasury Secretary Steven Mnuchin speaks as President Donald Trump looks on during the daily Coronavirus Task Force briefing on April 21.Trump described the idea on April 17 as the"best thing we could do for this country." Four days later, Treasury Secretary Steven Mnuchin reiterated Trump's desire for such a tax break."The president has talked multiple times about a payroll tax cut," he said.
"The president's been talking about infrastructure since the campaign. Roads, bridges, broadband—especially broadband now to rural America—is very important," he said last Tuesday.After nearly $350 billion in forgivable loans for small businesses was depleted in under two weeks, Congress last week approved another $320 billion in disaster relief for struggling owners under the Paycheck Protection Program.
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