Saturday, February 27, 2021

House passes $1.9 trillion Covid relief bill, sends it to Senate

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Speaker of the House Rep. Nancy Pelosi (D-CA) speaks at a weekly news conference at the U.S. Capitol on February 18, 2021 in Washington, DC.

Tasos Katopodis | Getty Images

The House passed its $1.9 trillion coronavirus relief bill early Saturday, sending the massive proposal to the Senate as Democrats rush to approve more aid before unemployment programs expire.

It is the first major legislative initiative for President Joe Biden. The House approved it in a 219-212 mostly party line vote, as two Democrats joined all Republicans in opposing it.

Senators will start considering the pandemic assistance plan next week. Lawmakers will offer amendments, and the chamber will likely pass a different version of the bill, meaning the House would have to pass the Senate’s plan or the chambers would have to craft a final proposal in a conference committee.

Democrats, who hold narrow majorities in the House and Senate, opted to approve the legislation alone through budget reconciliation rather than hammer out a smaller aid package with Republicans. The process enables a bill to pass with a simple majority in the Senate.

“Now, the bill moves to the United States Senate, where I hope it will receive quick action. We have no time to waste,” Biden said during a briefing on Saturday morning.

“If we act now — decisively, quickly and boldly — we can finally get ahead of this virus,” Biden continued. “We can finally get our economy moving again.”

The House plan includes:

  • Payments of $1,400 to most individuals, along with the same amount for each dependent. Checks start to phase out at $75,000 in income and go to zero for individuals making $100,000
  • A $400 per week unemployment supplement through Aug. 29, along with an extension of programs making millions more people eligible for jobless benefits
  • An expansion of the child tax credit to give families up to $3,600 per child over a year
  • $20 billion for Covid-19 vaccine distribution and $50 billion for testing and tracing efforts
  • $350 billion in state, local and tribal government relief
  • $25 billion for assistance in covering rent payments
  • $170 billion for K-12 schools and higher education institutions to cover reopening costs and aid to students
  • A $15 per hour federal minimum wage, which the Senate parliamentarian will not allow in the reconciliation bill on the other side of the Capitol

Democrats have called the bill necessary to speed up vaccinations — a critical step to resuming some level of pre-pandemic life — and sustain households at a time when roughly 19 million people are receiving jobless benefits.

“The time for decisive action is long overdue,” House Speaker Nancy Pelosi, D-Calif., said Friday night before the vote. “President Biden’s American Rescue Plan is that decisive action.”

Republicans questioned the need for a proposal so large, criticizing in particular the scope of the direct payments, state and local government support and school funding. Earlier Friday, House Minority Leader Kevin McCarthy, R-Calif., contended the legislation “isn’t a relief bill” and “fails to deliver for American families.”

The Biden administration and Democratic leaders in Congress said the country faces a bigger risk of doing too little than injecting too much money into the response. Some economists have also questioned the scale of the bill.

Senate Democrats face more challenges in passing the legislation than the House did. While the party can approve the bill on its own, it will need every Democrat to support it in the Senate, which is split 50-50.

Democrats also have to decide how to proceed on minimum-wage policy without losing any support. After the Senate parliamentarian ruled the bill could not include a $15 pay floor under reconciliation rules, Senate Majority Leader Chuck Schumer, D-N.Y., and Sens. Ron Wyden, D-Ore., and Bernie Sanders, I-Vt., have looked for a workaround to impose a tax penalty on large corporations that do not pay workers at least $15 an hour.

It is unclear if the proposal would comply with the Senate’s budget restrictions.

Vice President Kamala Harris also appears set against trying to overrule parliamentarian Elizabeth MacDonough, which some progressives have suggested she should do.

Pelosi said earlier Friday that she believes the House will “absolutely” pass the relief bill if it comes back from the Senate without a minimum-wage increase in it. She told reporters that Democrats will try to pass the pay increase through a separate plan if needed.

“We will not rest until we pass the $15 minimum wage,” she said.

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House passes $1.9 trillion COVID relief package

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The House approved President Biden’s $1.9 trillion COVID relief package on a 219-212 vote early Saturday morning, sending it to the Senate for a possible rewrite before it gets to Biden’s desk.

The big picture: The vote was a critical first step for the package, which includes $1,400 cash payments for many Americans, a national vaccination program, ramped-up COVID testing and contact tracing, state and local funding and money to help schools reopen.

  • Two Democrats — Reps. Jared Golden (Maine) and Kurt Schrader (Ore.) — joined Republicans in voting against the bill.

What to watch: The bill will likely undergo an overhaul in the upper chamber after the Senate parliamentarian ruled the $15 minimum wage increase cannot be added in the relief package.

  • The House kept the minimum wage increase in its plan, but that was mainly to keep progressive Democrats on board before it gets stripped out in the Senate.
  • At a press conference Friday, House Speaker Nancy Pelosi and other Democratic leaders insisted they weren’t worried that progressive Democrats might not vote for a final bill with the Senate’s changes.
  • “There is uniform support for this transformational legislation in the House Democratic caucus. There is no fair to partly cloudy view” of the package, said caucus chair Hakeem Jeffries.

The highlights of the bill:

  • Expanded federal funding for COVID programs, including $46 billion for testing and tracing; $7.6 billion for pandemic response at community health centers; $5.2 billion to support research, development and manufacturing of vaccines, therapeutics and other medical products; and $7.7 billion to expand the public health care workforce.
  • $1,400 stimulus payments for Americans making less than $75,000. Individuals who make between $75,000 and $100,000 would receive less, with a cap for those earning more than $100,000.
  • $128.6 billion to help K-12 schools reopen.
  • $350 billion in state and local aid.
  • $25 billion in aid to restaurants and other food and drinking establishments.
  • $19 billion in emergency rental assistance.
  • $7.25 billion in funds for Paycheck Protection Program loans.
  • Unemployment benefits would be extended until August 29, and the supplemental benefits would increase from $300 to $400.

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http://allcnaprograms.com/house-passes-1-9-trillion-covid-relief-package/

Johnson & Johnson board member says 20 million Covid vaccine doses will be provided by the end of March

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Johnson & Johnson board member Dr. Mark McClellan states the business anticipates 20 million dosages provided by the end of March as the U.S. becomes one step away from including a third safe and efficient vaccine to its arsenal.

” There is going to be a ramp-up period, so 4 million dosages expected next week, going greater during the month of March with 20 million doses delivered by the end of March,” stated the previous FDA Commissioner in a Friday night interview on ” The News with Shepard Smith” “So that’s 20 million people fully vaccinated because it’s just one dose for the vaccine.”

A panel of Fda advisors late Friday voted unanimously to suggest Johnson & Johnson‘s single-dose shot for emergency situation usage permission. The FDA will choose as early as Saturday whether to approve the vaccine. A recommendation from the Centers for Disease Control and Prevention consultants would trigger 3 to 4 million doses to get shipped out next week.

McClellan told ” The News with Shepard Smith” that the addition of the J&J vaccine will move the U.S. a big step forward when it concerns attending to the coronavirus pandemic and securing millions of people from the infection.

” That’s coming on top of some growths in the supply from the Pfizer and Moderna vaccines, they’re anticipating close to 90 million, 100 million doses … it’s a two-dose vaccine, but that entirely implies we might get to as numerous as 100 million people or more vaccinated by the end of March here in the United States,” stated McClellan, a health policy specialist with Duke University.

Nationwide, average everyday cases, hospitalizations, and deaths have actually been decreasing for weeks, but Centers for Illness Control and Prevention Director Rochelle Walensky stated the current drops may be levelling off.

” We might be made with the virus, but clearly the virus is not done with us,” stated Walensky. “We can not get comfy or succumb to an incorrect complacency that the worst of the pandemic lags us. Not now, not when mass vaccination is so really close”

The CDC Director included that we could be starting to see the effects of the brand-new, more infectious Covid variants spreading out throughout the country. McClellan concurred with Walensky and cautioned that “we need to be worried” when it comes to the new versions, however doubled down on the significance of vaccinations.

” Fortunately is the vaccines seem to supply some truly strong security versus the variations, the best method to contain the versions is for as many individuals to get immunized as rapidly as possible,” McClellan stated.

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Johnson & Johnson one-shot Covid vaccine gets nod from FDA advisory panel

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The fight versus Covid-19 took a significant step forward on Friday as the United States moved closer to distributing its very first one-shot Covid-19 vaccine, after an independent professional advisory panel advised drug regulators authorize the Johnson & Johnson vaccine for emergency situation usage.

” We urgently need more vaccines [authorized] to protect the millions of Americans who stay at threat” of Covid-19 infection, said Dr Greg Poland, the editor-in-chief of the medical journal Vaccine and leader of the Vaccine Research Group at the Mayo Clinic.

Johnson & Johnson’s vaccines and the dosages currently set up to be provided by Moderna and Pfizer, the makers of the 2 vaccines currently licensed in the United States, imply there might be sufficient supply to immunize 400 million people by July.

http://allcnaprograms.com/johnson-johnson-one-shot-covid-vaccine-gets-nod-from-fda-advisory-panel/

House set to authorize $1.9 tn Covid aid costs in spite of minimum wage problem

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The United States Legislature has passed Joe Biden’s $1.9 tn coronavirus help expense in his very first significant legislative victory.

Democrats who manage the chamber passed the sweeping measure by a mainly party-line vote of 219 to 212 and sent it on to the Senate, where Democrats are planning a legislative manoeuvre to enable them to pass it without the assistance of Republicans

Democrats have actually already suffered a blow in moving the costs through Congress when the Senate parliamentarian ruled that a $15 base pay boost might not be consisted of in the costs under Senate guidelines.

Most Republicans opposed the expense of the costs designed to spend for vaccines and other medical supplies to fight a Covid-19 pandemic that has killed more than 500,000 Americans and thrown millions out of work.

The step will also send a brand-new round of emergency situation financial assistance to households, small companies and state and local governments.

A group of Senate Republicans had actually offered Biden a slimmed-down option, however the White Home and some economic experts firmly insist a bigger plan is needed.

Biden has focused his first weeks in office on dealing with the best public health crisis in a century, which has actually overthrown most aspects of American life.

Democrats manage your house by a 221-211 margin, and Speaker Nancy Pelosi needed almost all of her rank and file to get the expense passed before sending it to a 50-50 Senate, where the Democratic vice-president, Kamala Harris, holds the tie-breaking vote.

Embedded in your house costs is the federal minimum wage increase, which would be the first considering that 2009 and would slowly bump it up to $15 an hour in 2025 from the existing $7.25 rate.

Biden has actually not given up on raising the minimum wage to $15, a leading White Home financial advisor stated on Friday.

A higher wage “is the ideal thing to do”, White House nationwide financial council director, Brian Deese, stated in an interview on MSNBC.

” We’re going to talk to our congressional allies, congressional leaders today to speak about a course forward, about how we can make development urgently on what is an urgent problem.”

Meanwhile, lawmakers must also act upon the coronavirus stimulus bundle, Deese said.

The $15 base pay figure had actually already dealt with opposition in the Senate from most Republicans and a minimum of 2 Democrats, which would have been enough to sink the plan. A range of senators are talking about a smaller sized increase, in the range of $10 to $12 an hour.

In a statement after the Senate parliamentarian’s judgment, Pelosi stated: “Home Democrats believe that the base pay walking is needed.”

She stated it would remain in your house variation of the coronavirus expense.

In arguing for passage of the relief expense, Pelosi mentioned opinion polls showing the assistance of a considerable majority of Americans who have actually been damaged by the yearlong pandemic.

” It’s about putting vaccinations in the arm, money in the pocket, children in the schools, employees in their jobs,” Pelosi told press reporters on Thursday. “It’s what this nation requires.”

Amongst the big-ticket items in the expense are $1,400 direct payments to individuals, a $400- per-week federal welfare through 29 August and assist for those having difficulties paying their rent and house mortgages throughout the pandemic.

A range of organization interests also have weighed in behind Biden’s America Rescue Plan Act, as the costs is called.

Republicans have actually slammed the legislation as a “liberal wishlist giveaway” that fails to devote enough money to resuming schools that have been partially operating with “virtual” knowing throughout the pandemic.

The House minority leader, Kevin McCarthy, grumbled it was “too costly, too corrupt”. While Republicans for months have obstructed a new round of aid to state and local governments, McCarthy said he was open to his house state of California getting a few of the bill’s $350 bn in financing, in spite of a one-time $15 bn spending plan surplus.

Efforts to craft a bipartisan coronavirus aid costs fizzled early on, soon after Biden was sworn in as president on 20 January, following a series of bipartisan bills enacted in 2020 that amounted to around $4tn.

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http://allcnaprograms.com/house-set-to-authorize-1-9-tn-covid-aid-costs-in-spite-of-minimum-wage-problem/