You can follow the latest news on US politics and the proposed third stimulus check with our dedicated live blog. Stimulus check and US politics: live news Once a relief bill featuring a third stimulus check is passed by legislators and signed into law by the president, the IRS can now be expected to get the majority of eligible Americans their payment in a matter of days.Īlthough the body took just over two weeks to begin sending out the first round of stimulus checks after their approval in March, most direct-deposit recipients had received December's second check within about a week. "Normal people are deficit hawks by nature, but not in the middle of a #crisis," says is not the time to be worried about the Chinese owning our debt." /I3mKVdIZ07- Julia Chatterley JanuStimulus check would likely arrive around a week after being approved Stimulus squabble - President Biden faces pushback on $1.9 trillion #COVID19 relief bill. Their wafer-thin advantage in the Senate - the chamber is a 50-50 split, with Democratic Vice-President Kamala Harris given a tie-breaking vote - does not give them the filibuster-proof 60 votes they normally need to ensure legislation advances beyond the debate stage in the upper house, but in this case they can get round that by using a process called ' budget reconciliation', which only requires a simple majority of 51 for a bill to get through. That said, Janet Yellen, Biden’s pick for Treasury secretary, has urged US lawmakers to "act big" on the next coronavirus relief package and, given that the Democrats now have control of both the House of Representatives and the Senate, they could also look to go it alone on larger relief legislation. Democrats could opt to go it alone - but bipartisan stimulus package may in fact be quicker "This isn't Monopoly money," was an additional comment reported to have been made by Maine Sen. "Maybe a couple of months from now, the needs will be evident and we will need to do something significant, but I'm not seeing it right now." "It's hard for me to see when we just passed $900 billion of assistance why we would have a package that big," Sen. Susan Collins (R-ME) questions Avril Haines during her confirmation hearing before the Senate Intelligence Committee. They also preferred the money to be invested in an improved vaccine distribution to help drive down the overall rate of infection across the country in an effort to find a way out of the pandemic.įull screen Sen. That group of 16 was being led by Republican Susan Collins of Maine and Democrat Joe Manchin of West Virginia, and are said to have made it clear that they were not comfortable with a further check up to the value of $1,400 being sent out to all Americans and that funds should instead be targeted to low-income families and individuals. President Biden's administration held a call on Sunday with a bipartisan group pf senators. Bipartisan group express concern over stimulus package This is expected to pass.īut to gain complete approval Biden needs wider support in the Senate and Politico have reported that several senators are pushing back on his aid package, arguing that there is too much being handed out to already wealthy Americans. Speaker of the House, Nancy Pelosi, is trying to push through the Biden plan as quickly as possible, with committees aiming to vote on it this week and have it ready for a full House vote early next week. Pelosi looking to fast-track the House work
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