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Updated on August 11, 2022 3:51 am
All countries
Updated on August 11, 2022 3:51 am
All countries
Updated on August 11, 2022 3:51 am

Global Statistics

All countries
Updated on August 11, 2022 3:51 am
All countries
Updated on August 11, 2022 3:51 am
All countries
Updated on August 11, 2022 3:51 am
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When Will Covid Relief Bill Pass

Biden: Covid Relief Bill Historic Victory For Americans

Biden urges Senate to pass COVID relief bill

“This is a critical moment in our country’s history,” House Speaker Nancy Pelosi, D-Calif., said before the vote, mentioning the more than 500,000 people in the U.S. who have died from the virus and the millions more who have lost their jobs. “Today, we have a real opportunity for change.”

The bill passed with near-unanimous Democratic support and without any Republican votes, a sharp contrast that raises the political stakes of the measure.

“I am immensely proud that we will soon send this bill to President Biden’s desk to be signed into law,” said House Budget Committee Chair John Yarmuth, D-Ky. “We have acted with the urgency that this pandemic demands.”

The legislation will grant $1,400 direct payments to individuals making under $75,000 and $2,800 to married couples who make less than $150,000. Individuals making up to $80,000 and joint filers up to $160,000 will get some money but not the full amount. The direct cash includes up to $1,400 per dependent, including adult dependents.

The bill provides $300 a week in enhanced jobless benefits through Sept. 6. And it would expand the annual child tax credit to $3,600 for children up to age 5 and $3,000 for children ages 6 to 17.

In the morning, Rep. Marjorie Taylor Greene, R-Ga., sought to throw a wrench into the process by making a motion to adjourn, calling the measure it a “massive woke progressive” bill that should be stopped. The House rejected her motion and carried on.

What’s In The House Democrats’ Bill

    Michelle P. Scott is a New York attorney with extensive experience in tax, corporate, financial, and nonprofit law, and public policy. As General Counsel, private practitioner, and Congressional counsel, she has advised financial institutions, businesses, charities, individuals, and public officials, and written and lectured extensively.

    On Tuesday, May 12, 2020, U.S. Speaker of the House Nancy Pelosi unveiled a bill to fund a new round of relief spending to support the U.S. economy in the wake of the COVID-19 crisis and shutdown of wide swaths of the economy. The bill has been named the HEROES Act. The following Friday, May 15, 2020, the bill passed the House. An updated version of the bill was passed by the House on Oct. 1, 2020.

    However, the HEROES Act didn’t become the next major round of stimulus amid the COVID-19 pandemic. Ultimately, Congress passed the Consolidated Appropriations Act of 2021, in late December 2020, building on aspects of the earlier CARES Act from March 2020, including extending unemployment insurance payments.

    The House Is About To Pass More Covid

    Bidens proposal for $1.9 trillion more for COVID-19 aid is about to pass in the House. Then its the Senates turn. Heres a look at the package.

    Republicans have also taken issue with the $350 billion the package provides for state and local governments grappling with a loss of revenue during the economic downturn.

    The House Committee on Oversight and Reform estimates that California would receive $42 billion in aid, with $26.26 billion going to the state government and the rest going directly to city and county governments.

    Once the bill arrives in the Senate, Democrats are expected to strip the provision that would gradually raise the federal minimum wage to $15 hourly by 2025. It has been $7.25 since 2009.

    Senate Parliamentarian Elizabeth MacDonough advised Thursday that the reconciliation process cannot be used to raise the national minimum wage. Reconciliation allows a bill to pass through the Senate with a simple 51-vote majority, a number the 48 Democrats and two independents in the Senate can reach with an assist from Vice President Kamala Harris. Senate rules require a 60-vote threshold to pass most bills without a filibuster.

    But the reconciliation process is limited to issues directly dealing with the budget and spending and is not meant for policy changes.

    Progressives in the House are urging Senate Democrats to override the decision.

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    What Are The Major Hurdles And Disagreements

    Republican senators oppose many of the provisions in the legislation, such as the billions in aid for state and local governments. In this round of negotiations, as in the last round, Republicans have derided the aid as a bailout for Democratic-controlled localities mired in financial problems.

    A group of Republican senators introduced a smaller proposal totaling about $618 billion, but Democrats forged ahead on their $1.9 trillion plan despite Republicans objections.

    More:$15 minimum wage unlikely to be in COVID relief bill, Biden says

    Intraparty disputes have emerged among Democrats over the inclusion of a federal minimum wage increase. Moderate Democrats such as Sens. Kyrsten Sinema of Arizona and Joe Manchin of West Virginia have said they oppose including the $15 minimum wage in the package.

    Under a provision known as the Byrd Rule, a senator can raise objections to extraneous provisions in legislation being passed under reconciliation, and if the objection is ruled in order, then the provision will be stripped from the bill. Provisions are considered extraneous if they do not have a substantial effect on the federal budget.

    House Democrats Pass $19 Trillion Covid

    House passes $900 billion COVID relief, catchall measure

    All House Republicans voted against, objecting to the cost.

    House Democrats pass $1.9 trillion COVID-19 relief bill

    House Democrats on Wednesday passed a massive $1.9 trillion COVID-19 relief bill with the goal of having it on President Joe Biden’s desk by the end of the week, just days before key federal unemployment benefits start to expire for many workers on March 14.

    By a 220-211 vote — with no Republicans voting in favor — Democrats handed Biden a crucial first legislative victory. The White House said he would sign the measure into law on Friday.

    “For weeks now, an overwhelming percentage of Americans Democrats, Independents, and Republicans have made it clear they support the American Rescue Plan. Today, with final passage in the House of Representatives, their voice has been heard,” Biden said in a statement praising House Speaker Nancy Pelosi, who spoke on the House floor just before the vote.

    “Today, we have a decision to make of tremendous, tremendous consequence. A decision that will make a difference for millions of Americans, saving lives and livelihoods. And with all of the decisions, it is a decision that we will have to answer for,” she said. “We will give the American Rescue Plan a resounding and hopefully bipartisan vote to reflect the bipartisan support that it has in the country.”

    One Democrat joined Republicans in voting against the measure. Rep. Jared Golden of Maine had cited concerns about the cost and scope of the legislation.

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    Expanded Child Tax Credit Would Cause Historic Reduction In Child Poverty

    Low-income children, disproportionately children of color, have been particularly hard hit by the pandemic and its related economic and educational harms. Between 9 and 12 million children live in a household where the children didnt eat enough because the household couldnt afford it, according to the most recent Census data. Many of these same children also have a higher risk of losing school instruction time due to the pandemic earning loss will probably be greatest among low-income, black, and Hispanic students, one analysis found.

    The House plans Child Tax Credit expansion would deliver significant additional income to low-income children and their families. It would make the full credit available to 27 million children including roughly half of all Black and Latino children and a similar share of children who live in rural areas whose families now dont get the full credit because their parents lack earnings or have earnings that are too low. . Of these 27 million children, an estimated 9.9 million are Latino, 5.7 million are Black, and 814,000 are Asian American.

    Among the 4.1 million children whom the expansion would lift above the poverty line, 1.2 million are Black and 1.7 million are Latino. Of the 9.9 million children it would lift above or closer to the poverty line, 2.3 million are Black, 4.1 million are Latino, and 441,000 are Asian American.

    To see what this can mean to individual families, consider these examples:

    TABLE 1

    Us Senate Narrowly Passes $19 Trillion Covid Relief Bill

    One of the largest spending plans in US history has passed through the Senate after half a day of debate and deliberation. It will now return to the House of Representatives.

    US Senators stayed up through the night to debate the historic coronavirus relief bill

    Democrats in the US Senate managed to vote through a relief bill on Saturday that aims to release trillions of dollars to support workers and businesses hit hard by the coronavirus pandemic.

    The bill was approved along party lines after the longest voting session in the institution’s modern history. Just shy of 12 hours were needed to find a satisfactory compromise for centrist Democrats who opposed increasing unemployment benefits.

    The bill must still return to the House of Representatives before passing into law. It would see a total of $1.9 trillion of financial relief.

    It passed through the Senate with a vote of 49-50 after Republican Senator for Alaska Daniel Sullivan left on Friday for a family funeral, meaning that Vice President Kamala Harris did not have to step in to break the tie.

    The bill, popular among US voters, has been a priority for Joe Biden’s administration.

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    ‘help Is On The Way’: Biden On Senate Passing ‘desperately Needed’ Covid Relief Bill

    Biden called the aid package “urgently needed” and praised the Senate for passing it Saturday, saying it will get “checks out the door” to Americans “this month.”

    “The resources in this plan will be used to speed up manufacturing and distribution of the vaccines, so that we can get every American vaccinated sooner rather than later,” he said.

    He praised the Senate and hailed the measure’s “overwhelming bipartisan support of the American people,” referring to polling that indicates the legislation is broadly popular.

    The vote was a critical early test of Senate Majority Leader Chuck Schumer’s ability to keep all 50 Democrats unified behind a major piece of legislation despite being an ideologically and regionally diverse caucus.

    “From the beginning, we said this: We had to pass this legislation,” the New York Democrat told reporters. “We made a promise to the American people that we were going to deliver the real relief they needed. And now we have fulfilled that promise.”

    Schumer said Biden called him and he told the president, “I knew we would get this done.”

    Senate Minority Leader Mitch McConnell, R-Ky., blasted Democrats for taking a partisan approach and argued that they would not deserve credit for the economic recovery.

    “The Senate has never spent $2 trillion in a more haphazard or less rigorous way,” he said. Democrats inherited a tide that is already turning.”

    Senate Passes $19 Trillion Covid Relief Bill Including $1400 Stimulus Checks With No Republican Support

    House Passes $1.9 Trillion Covid Relief Bill | NBC Nightly News

    WASHINGTON The Senate passed a $1.9 trillion coronavirus relief package Saturday, capping off a marathon overnight session after Democrats resolved internal clashes that threatened to derail President Joe Biden’s top legislative priority.

    The far-reaching legislation includes $1,400 stimulus checks, $300-per-week jobless benefits through the summer, a child allowance of up to $3,600 for one year, $350 billion for state aid, $34 billion to expand Affordable Care Act subsidies and $14 billion for vaccine distribution.

    The final vote was 50-49 along party lines, with every Republican voting “no.” It came after Democrats voted down a swath of Republican amendments on repeated votes of 50-49 to avoid disrupting the delicate agreement between progressive and moderate senators.

    Before it can be signed by Biden, the legislation will have to be passed again by the House because the Senate made changes to its version. House Majority Leader Steny Hoyer, D-Md., said the chamber would vote Tuesday on the Senate-passed legislation.

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    Heroes Act Struggles Amid Senate Reluctance

    Former President Donald Trump and former Senate Majority Leader Mitch McConnell expressed opposition to so much spending. Any final version of an additional spending package will undoubtedly require some contentious negotiation and cooperation between President Joe Biden and the Senate. The HEROES Act, which was written entirely by House Democrats and passed largely along party lines, did not move forward in the Senate.

    The HEROES Act came as the unemployment rate in the U.S. was near 15%, with 20.5 million net jobs lost in April. The economic damage from the widespread business shutdowns and stay-at-home orders has continued to mount. Political pressure has increased at the state and local level to re-open the economy and volatile public demonstrations have occurred as at least some of the public grows increasingly skeptical that the public health benefits of shutdowns outweigh the economic costs.

    Congress Just Passed Biden’s $19 Trillion Covid

    From CNN’s Clare Foran, Ryan Nobles, Katie Lobosco and Tami Luhby

    The House just voted to approve the Covid-19 relief bill, paving the way for President Biden to sign his top legislative priority into law.

    House Democrats passed the legislation on a party line vote of 220-211. No Republicans voted in favor. One Democrat voted against the bill: Rep. Jared Golden of Maine.

    White te House press secretary Jen Psaki said today that Biden will sign the bill on Friday afternoon at the White House.

    Passage of the bill marks the first major legislative achievement of the new administration and a Congress that is now under full Democratic control, with narrow majorities in the House and Senate.

    Key features of the package include:

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    Signed Into Law And Signing Statement

    A few hours after the House passed the bill, it was signed into law by President Trump.

    In a signing statement, Trump suggested he could gag the Special Inspector General for Pandemic Recovery insofar as his constitutional powers as president enabled him to block the SIGPR’s reports to Congress. According to The New York Times, the statement was consistent with Trump’s “history of trying to keep damaging information acquired by an inspector general from reaching Congress”.

    Part of the CARES act set aside $8 billion to federally-recognized “tribal governments”. The Treasury Department earmarked about $500 million of those funds to go towards Alaska Native corporations , which provided similar governance as typical tribal leadership in the lower 48 states. Three native Indian tribes sued on the basis that under the Indian Self-Determination and Education Assistance Act of 1975 , ANCs were not federally-recognized tribal governments and should not be eligible for CARES funds. The case was eventually heard by the United States Supreme Court, which ruled in June 2021 that ANCs did qualify as tribal governments under the ISDA, and thus eligible to receive the set-aside funds.

    What Does The Relief Package Include

    NC COVID Relief Bill: Senate passes $1.1B COVID
    • $1,400 one-time checks for most citizens, totaling $400 billion
    • Top up of $300 per week in unemployment benefits, down from $400
    • $350 billion in aid to state and local governments
    • No minimum wage increase

    Some 9.5 million people lost their jobs last year when the pandemic hit. The White House has said it could take years to replace those jobs. Data on Friday showed that 379,000 new jobs were added in February, more than economists had expected.

    The total planned spending for the package represents almost one-tenth of the entire US economy.

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    Special Inspector General For Pandemic Recovery

    The legislation also requires oversight by a separate Special Inspector General for Pandemic Recovery who will monitor loans and investments from a $500 billion corporate bailout fund established by the legislation. A provision in the legislation empowers the special inspector general to audit the use of the fund requires the Treasury Department and other executive-branch entities to provide information to the special inspector general and directs the special inspector general to report to Congress “without delay” if an agency unreasonably withholds requested information. The Pandemic Response Accountability Committee will coordinate the work of the SIGPR.

    Amidst reports that Trump would nominate White House lawyer Brian Miller for this job, Montana Senator Jon Tester and Utah Senator Mitt Romney drafted a letter to the president requesting a different, independent Special Inspector General. Miller was confirmed by the Senate on June 2.

    Coronavirus Relief Bill To Replace Cerb Receives Royal Assent

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      A bill authorizing new benefits for workers impacted by the COVID-19 pandemic received royal assent Friday, assuring continued financial support now that the Canada Emergency Response Benefit has come to an end.

      Royal assent was granted shortly after the Senate passed Bill C-4 on a simple voice vote.

      Most CERB recipients are being transitioned to a more flexible and generous employment insurance regime.

      Read more: CERB to EI: What to know about transitioning to the new coronavirus benefits

      Bill C-4 creates a new Canada Recovery Benefit for gig workers and others who wont qualify for EI, as well as a sick leave benefit and a caregiver benefit.

      During a technical briefing Friday, government officials estimated that some two million workers will be covered by the new EI regime, while another 890,000 will receive the new recovery benefit.

      As a result of changes demanded by New Democrats in exchange for their support for the bill, the benefits were increased from the originally proposed $400 per week to $500 _ the same as those under the now-defunct CERB.

      As well, eligibility for the sick leave benefit was expanded to include not just those who contract COVID-19 but who must stay home due to underlying health conditions or other diseases that make them more susceptible to COVID-19.

      Read more: Retroactive CERB will still be available despite questions over rules: official

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