A bipartisan group of U.S. lawmakers plans to meet with President Joe Biden at the White House on Wednesday to discuss supply chain issues, including semiconductor chips, three people familiar with the matter said on Tuesday.
When Will Biden s Stimulus Package Pass? Schumer Promises March Signing Date
02/19/21 AT 5:21 PM
Senate Majority Leader Chuck Schumer has confirmed the stimulus timeline set out by Nancy Pelosi Thursday, but major roadblocks remain to the bill’s passage. Democrats hope to use budget reconciliation to push the bill through without Republican support before federal benefits run dry on March 14, The Washington Post reports.
Budget reconciliation prevents a Senate filibuster, lowering the threshold of passage from 60 votes to 50. With Kamala Harris as a tiebreaker, Democrats have just enough votes to make the work. It would mean, however, that they need every member of their caucus on board. Some Democratic Senators have signaled they’re not comfortable with the bill.
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Biden will ask DOJ to review his authority to cancel student loan debt - White House reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
White House spokeswoman Jen Psaki told reporters that Biden believes relief above $10,000 should be targeted based on the borrower's income and the kind of debt in question.