Democrats’ New $3 Trillion Coronavirus Relief Proposal and Republicans are Likely to Oppose Negotiations

A new $3 trillion coronavirus relief legislation has been proposed by the Democratic-controlled House of Representatives but Republicans are ready to oppose the bill despite the United States (US) House Speaker, Nancy Pelosi considered the proposed bill as need of the hour. Citing that Democrats have “no red lines,” on Sunday, May 17, 2020, Pelosi urged Republicans to begin negotiations on the bill, which can help jobless Americans caused by the widespread pandemic.

Republicans Opposed the Proposal

The Democrats’ measure, called the Heroes Act, which would aim at extending assistance to all corners of the US economy, was passed late on Friday and it was likely to trigger new talks with congressional Republicans and President Donald Trump’s administration.

Earlier, Democrats opposed both the ideas about the need for new business liability protections in the age of coronavirus, or additional tax cuts proposed by the Trump administration.

Referring to a question on a Republican response or counteroffer to begin negotiations on the bill, Pelosi said late on Friday, “No bill that is proffered will become law without negotiations, so, yeah.” Pelosi told CBS’ “Face the Nation” on Sunday that Democrats had “no red lines,” to negotiations on the coronavirus-related bills.

Recently, Republican leaders have dismissed the bill, which Trump said he would veto, with Senate Majority Leader Mitch McConnell calling it “dead on arrival.” Considering the existing partisan stand-offs on the passage of previous coronavirus bills, the $3 trillion budget also included nearly $1 trillion for struggling state and local governments.

Relief Package to Help State and Jobless American

Some Republicans have opposed the bill and said a new relief package could wait until the effects of previous funding are properly examined. Citing the growing unemployment crisis in the country, Pelosi urged a quick resolution to help Americans since more than 36 million people or more than one in five workers in the US have filed for unemployment since the crisis began.

She reflected, “Time is of the essence,” adding that “In the past bills, they’ve put forth their proposal and then we worked in a bipartisan way. That’s what we all anticipate.”

Gavin Newsom, the Democratic governor of California, said on CNN that his state’s $54-billion budget deficit was a direct result of coronavirus and adding that “It’s not charity,” as the federal government has a responsibility to support states, cities, and counties that facing unprecedented budget stress.

Newsom asserted, expectation a negotiation of the bill, “These same folks that say it’s dead on arrival, I hope they will consider this. The next time they want to salute and celebrate our heroes, our first responders, our police officers, and firefighters, consider the fact that they are the first ones that will be laid off by cities and counties.”

I’m Roshan, a journalist, blogger and music lover. I like covering global news related to finance, business, and technology. Focusing on the collection of true and reliable information, I rely on working by conducting interviews with business leaders and talking to the inside sources of companies.

You can reach out to me at: [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *