$1.9 trillion legislation intended to stimulate the economy.
The House Rules Committee published the new coronavirus relief bill text on Wednesday. It includes three new categories of spending not in the other committees’ legislation.
House Majority Leader Steny Hoyer announced that the House will vote on the floor on Friday. Meanwhile, the Senate continues to debate the inclusion of a $15 hourly minimum wage. The minimum wage increase faces opposition from both sides of the aisle in the Senate, including majority members Senators Joe Manchin of West Virginia and Kyrsten Sinema of Arizona who are against the measure.
Utah Senator Mitt Romney said the bill designates too much aid to states with budget surpluses and criticized the bill as a “clunker.”
The new bill sets a $1.889 trillion cap on its spending.
If both chambers pass the bill, a third round of stimulus checks should go out sometime in April.
As the Lord Leads, Pray with Us…
- For discernment for the members of the House and Senate as they come closer to a vote on the pending stimulus bill.
- For the millions of Americans who have been left jobless by the pandemic.
- For God to lead the nation out of the pandemic.
Sources: Bloomberg News, WMXA, Reuters, Business Insider
