By Benjamin Cox on December 30, 2020 at 10:21am
One Illinois Senator is going after Senate Republican Majority Leader Mitch McConnell of Kentucky for not bringing a vote to the floor yesterday on $2,000 direct payments. Illinois Senator Dick Durbin says that the time for direct aid for American households making less than $75,000 is now.
Durbin says that Congress’ failure to act may result in a massive recession if direct COVID-19 relief doesn’t come immediately: “For the past several months, we have heard from economists that we run the risk of doing too little which far outweighs the risk of doing too much when it comes to this economic recovery. The head of the Federal Reserve, Chairman Powell, has really instructed us to keep the foot on the accelerator so that our economy doesn’t slump into a recession. At a time when so many American families are laid off, unemployed, and simply struggling to get by, there is nothing more invigorating to the economy
Editorial: Pandemic aid, such as it is
the Times Union Editorial Board
Dec. 21, 2020
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Senate Majority Leader Mitch McConnell (R-Ky.) arrives at the Capitol in Washington on Saturday, Dec. 19, 2020. (Stefani Reynolds/The New York Times)STEFANI REYNOLDS, STR / New York Times
THE ISSUE:
After months of gridlock, Congress comes up with a pandemic relief bill that falls short of what’s needed.
THE STAKES:
For a bill that’s supposed to rescue struggling Americans and boost the economy in the midst of a worsening pandemic, the 11th-hour deal Congress agreed to falls far short. But for now, it will have to do.
Congressional leaders reach deal on a COVID-19 stimulus bill that includes $600 direct payments
Final votes on the relief package are expected on Monday, after approving another temporary measure Sunday night
Monday, December 21, 2020 - 2:10 p.m.
United States Congress.([email protected])
Washington D.C. â Congressional leaders reached an agreement Sunday night on the new COVID-19 stimulus bill that would send most Americans a $600 direct stimulus payment.
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Senate holds a rare weekend sitting as COVID aid plan remains within reach despite looming government shutdown
Members of the U.S. Congress scrambled to resolve the last obstacles to completing a $900 billion package of Covid aid legislation on Saturday
The Senate held a rare weekend sitting ahead of a potential government shutdown from midnight on Sunday
House Speaker Nancy Pelosi and Senate Republican Majority Leader Mitch McConnell both remained hopeful it could be completed
Pelosi has allegedly said that the deal is within reach
McConnell called the pandemic an ongoing five-alarm national crisis
The sticking point is a Republican-led push introduced last week to rein in Federal Reserve lending programs