Senate Republicans introduced a trillion-dollar coronavirus package yesterday, the first step in starting negotiations with Democrats
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.
Treasury Secretary Steven Mnuchin, National Economic Council Director Larry Kudlow, and White House Director of Legislative Affairs Eric Ueland will also be part of the talks. Senate Minority Leader Chuck Schumer immediately complained Democrats "had virtually no impact" in drafting the proposal. Schumer further faulted Republicans for giving a "bailout for a number of industries.
McConnell has faced some opposition from Senate Republicans over the direct payments plan, although White House officials tried to dismiss those complaints as not substantial. Graham, like some other Republicans, wants to beef up the unemployment insurance system instead, as well as boosting loans for small businesses..
But White House officials privately believe that Senate Republicans will fall in line with Trump if he pushes the cash payments proposal. A senior administration official noted Graham has already expressed his opposition to direct payments.
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