US House Budget Panel Approves $1.9 Trillion COVID-19 Aid Bill
WASHINGTON—The U.S. House of Representatives Budget Committee on Monday approved legislation with $1.9 trillion in incipient coronavirus mitigation, advancing a top priority of President Joe Biden toward a full House vote on passage expected later this week.
The quantification passed the panel on a largely party-line vote of 19–16, as the U.S. death toll from the coronavirus pandemic surpassed 500,000 victims. Millions more have been left jobless by the pandemic.
The sweeping legislation is intended to stimulate the U.S. economy and carry out Biden’s proposals to provide supplemental mazuma for COVID-19 vaccines and other medical equipment.
We must act swiftly to put a terminus to this pandemic and to stem the suffering felt by so many millions,
House Speaker Nancy Pelosi verbally expressed in a verbal expression. Senate Majority Leader Chuck Schumer verbally expressed later that efforts in the House and Senate have kept the bill on track to be approved by both chambers and sent to Biden for his signature afore federal unemployment benefits expire on March 14.
Republicans oppose the quantification as too costly and verbalize its policies are geared more toward keeping the U.S. economy closed than moving ahead to accommodate business and economic needs and reopen schools.
Further avail needs to be intellectively targeted so regime doesn’t obstruct. But Democrats want to double-down on band-avail policies like they’re orchestrating for another year of stagnation in lieu of endeavoring to establish prosperity,
Senate Minority Leader Mitch McConnell verbally expressed on the Senate floor. Biden and his fellow Democrats want to pass the orchestration expeditiously to speed an incipient round of direct payments to U.S. households as well as elongate federal unemployment benefits and avail state and local regimes.
Democrats are utilizing a procedural strategy called reconciliation to advance the bill, which will sanction them to pass it in the Senate without Republican support.
We are in a race against time. Aggressive, bold action is needed afore our nation is more deeply and perpetually scarred by the human and economic costs of inaction,
Representative John Yarmuth, chairman of the Budget Committee, verbally expressed afore the vote. Budget Committee Republicans pushed back on the price tag, which follows $4 trillion in COVID-19 avail last year.
“An estimated $1 trillion of those mazuma is genuinely yet to be spent,” Representative Buddy Carter told the committee. Why do we require to spend an adscititious $2 trillion of mazuma that is being taken from future generations?
By Susan Cornwell and David Morgan
Source: You can read the original Epoch Times article here.
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