wtorek, 22 grudnia 2020

Coronavirus and stimulus relief bill updates: live

Coronavirus and stimulus relief bill updates: live

Congress passes $900 billion relief bill

On Sunday, Republicans and Democrats finally agreed on a coronavirus stimulus package, which was voted through both the Senate and the House of Representatives on Monday. Now we await it being signed into law by President Donald Trump.

Here are your headlines:

- $900 billion relief bill passes Congress (full details)

- Stimulus checks halved in value to $600, drawing heavy criticism from some commentators

- The House of Representatives passed the bill on Monday evening by 359-53

- The Senate passed the bill shortly before midnight Monday by 92-6

- Mnuchin: "People are going to see this money at the beginning of next week"

- Amount provided to dependents rises from $500 to $600 in this new package

- Trump signs stopgap funding to avert shutdown

Scroll through related articles:

Biden wants a third stimulus check 

Speaking from Wilmington, Delaware on Tuesday, President-elect Joe Biden said that he will push for a third round of stimulus checks in the next Covid-19 relief bill. Biden again called the $900 billion relief package a "down payment" saying that funding would be needed for vaccine distribution, reopening schools, and to help firefighters, police and nurses. He declined to give specifics on how large a third direct payment to Americans would be, calling that a matter for negotiation.

Is stimulus bill a sign of Biden's austerity? 

David Sirota takes Biden to task for his part in delivering a stimulus package less than half what Democrats had been pushing for before the election. Biden put his support behind the smaller bipartisan bill formulated at the beginning of December which in turn "gave Democrats confidence to pull back on their demands." Sirota warns progressives that the Biden administration is shaping up to be one of deficit hawks.

Alexandria Ocasio-Cortez slams GOP addition to bill that funds border wall with Mexico

The provision for $1.4 billion towards the US-Mexico border wall is just one of many extra inclusions in the stimulus bill.

Generalised outrage online at stimulus deal leads to #VoteThemAllOut to trend 

"Members of Congress got paid $130,000 to spend 9 months arguing about whether we deserve $600." Writes one Twitter user.

Others complain about various other laws hidden within the 5,000-page bill that lawmakers had a matter of hours to review before the vote.

The ugly part of the $900 billion stimulus bill

The new covid-19 stimulus package will be a great relief for tens of millions of Americans, but the process of getting to it exposed the need to overhaul our broken budget politics. Both parties have been at fault in creating a process that is chaotic, undemocratic and ultimately reckless, writes Jeffrey Sachs at CNN.

What's the difference between first and second stimulus check payment?

The second stimulus check will be similar to the first payment, although there are some important differences between it and the CARES Act.

Read the full story:

Joe Biden speaks for first time since stimulus deal agreed

As fresh coronavirus economic aid is confirmed to be on the way to Americans before Christmas, president-elect Joe Biden speaks about the crisis ahead of the holidays, saying that the "darkest days in the battle against COVID are ahead of us, not behind us."

Sens. Marsha Blackburn, R-Tenn., Ted Cruz, R-Texas, Ron Johnson, R-Wis., Mike Lee, R-Utah, Rand Paul, R-Ky., and Rick Scott, R-Fla.

GOP Senators who voted against $900bn bill explain why

After months of stalled negotiations, Congress finally passed a new $900 billion coronavirus relief package late Monday night with overwhelming support in the Senate, but six Republicans stood firmly against it.

Senators Marsha Blackburn, R-Tenn., Ted Cruz, R-Texas, Ron Johnson, R-Wis., Mike Lee, R-Utah, Rand Paul, R-Ky., and Rick Scott, R-Fla., all stood firmly against the bill, which had been bundled with a $1.4 trillion spending bill to avoid a government shutdown. Their criticisms largely focused on the size of the legislation, both in terms of the dollar amount and the bill's page count.

Via Fox News

Chuck Schumer: "I won't stop fighting" for more stimulus aid

The tweet was in response to a Twitter user's balanced message to Schumer which read; "Thank you @senschumer for holding the line against corporate immunity and delivering some direct relief to New Yorkers, but we all know it's not nearly enough. We'll be looking to you to deliver a bill that will support real economic recovery under the Biden administration."

Democrat Nancy Pelosi tweets she's pleased about stimulus bill

To comments of outrage that $600 per family after 9 months of waiting is not enough support during the pandemic. House Speaker Pelosi also added that "more must be done" and referred to incoming administration leaders Joe Biden and Kamala Harris.

Key figures called for stimulus checks worth up to $2,000

The new coronavirus relief bill includes $600 in direct payments to Americans but many in Congress, and even in the White House, wanted more support to be included.

Read the full story:

Who said what on second stimulus check?

The new $900 stimulus bill includes a second stimulus check, but what have both parties' members said publicly since its passing last night?

How long was the LONG hold up?

Since the spring Americans have been waiting for more desperately needed coronavirus economic relief. But many are saying the 11th-hour deal isn't enough.

Second stimulus check passed in Congress: can Trump refuse it?

The newly-passed coronavirus stimulus package bill is on Donald Trump's desk, waiting for him to sign it. Is there a chance he might decide to veto it?

Read more:

 

How long did it take to pass the second stimulus bill after the CARES Act?

Since the spring Americans have been waiting for more desperately needed coronavirus economic relief. But many are saying the 11th-hour deal isn't enough. 

Congressional disputes, election disruption and the changing priorities of President Trump have slowed negotiations in recent months, but how long has it taken?

Sanders: "We needed a major, major response"

Democratic Senator Bernie Sanders has criticised the $600 stimulus checks that were included in the covid-19 stimulus bill that passed Congress yesterday. Sanders had been calling for payments of at least $1,200, the same that was provided in the CARES Act, but the proposal did not find enough support in the Senate. 

Pennsylvania Governor calls for additional payments

Governor Tom Wolf of Pennsylvania has pledged to continue fighting for more coronavirus financial relief under the next administration, calling the $600 stimulus checks "a down payment". 

Democrats in Congress are thought to be eager to expand the covid-19 support once Biden takes office on 20 January 2021, but that will be dependent on the result of the Georgia runoff elections. The races held on 5 January to decide the balance of power in Congress. If the Democrats win both remaining Senate seats then Biden will be able to pass a broader financial package in future. 

Who voted against the covid-19 economic stimulus bill?

It has taken months of negotiations to get to this point but despite the bill passing both Houses, a number of lawmakers voted against the package. Some argued that the support offered was not enough, some argued that it was too great, and some simply didn't have enough time to read the 5,593-page document. 

Stimulus bill provides $3bn for Hong Kong 'Democracy Fund'

More details are emerging about less publicised elements of the stimulus bill that passed Congress last night. The bill includes $3 billion for a 'Democracy Fund' for Hong Kong, which is believed to be related to those involved in the 2019-20 Hong Kong riots. The money will likely support groups and peoples who oppose the ruling Communist Party of China. 

Lack of provisions leaves many unhappy with the bill

Despite the optimism around the stimulus checks the compromises that were made in the covid-19 financial relief bill have left many unimpressed. Author Don Winslow points to the lack of support for workers that has been included in the package, many of whom have become incredibly vulnerable because of the pandmeic. 

Republican Senators vote against the bill

The covid-19 relief package comfortably passed the Senate with a 92-6 landslide, but there was push-back from Republican Senators. All six votes against came from GOP members

Before the vote, Senator Rand Paul argued that the $900 billion relief bill too large and increased federal debt, tweeting: "I will oppose this new debt, and I will continue to sound the alarm until we change our course here in Congress."

Online piracy made a federal crime by the bipartisan relief bill

As Congress scrambled to get its legislative business concluded before the end of the year, a variety of bills and laws was bound together to form the package that it voted on last night. As well as the covid-19 economic relief bill the 12 federal government funding bills were also included, along with some lesser-known additions. 

Buried in the 5,593-page document, which lawmakers were first shown just hours before the vote, is a new law that criminalises online piracy. Former Libertarian Party VP candidate Spike Cohen points out that illegally stremaing a movie could now be "punishable by jail time, fines, losing your right to vote or own a firearm".

How will the new stimulus checks be distributed?

Although it appears that the legislative process is nearing completion, the government still has an enormous task on its hands to get the support into the hands of Americans as quickly as possible. With over 160 million expected to receive stimulus checks, how will they be sent?

The vast majority will be distributed using three methods, with different times of arrival expected:

1. First to arrive will be the direct debits, which are used for anyone whose details are on file with the IRS or who are recipients of Social Security benefits. The electronic transfers used are the quickest way to get the money. 

2. Those who are unable to submit their banking information will get the support through the post in the form of a physical stimulus check. This will take slightly longer because the checks need to be produced, checked, sorted and delivered. 

3. For Americans without bank accounts, around four million people were sent VISA debit cards with their first stimulus checks pre-loaded onto them. 

Mnuchin: Stimulus checks will begin to arrive from next week

Treasury secretary Steven Mnuchin has told CNBC that he expects the first stimulus check payments to be sent out from the beginning of next week, meaning that Americans will start receiving the support before the end of the year.

It has been nearly nine months since the first round of payments began and millions are in desperate need of further assistance. The $600 will arrive soon but there has not yet been any official confirmation on an expected start date for other provisions in the bill, such as the extended unemployment benefits. 

Congresswoman Gabbard explains why she voted against

 The covid-19 economic stimulus bill hase now passed both Houses of Congress, but the voting was not unanimous. House of Representatives voted 359-53, while the Senate voted 92-6 late last night. 

Several representatives were unhappy with the amount offered in direct support to Americans and the rushed nature of the vote. Gabbard explains that she was only given a copy of the 5,593-page document hours before being expected to vote on it. 

DT

Lame duck presidential focus

In case you were wondering, while Congress was debating and passing the new relief package, the man in the Oval Office has been continuing his desperate flood of tweets and retweets focusing on election fraud.

It's not as though President Trump has a crucial role to play in turning the bill into law. What? Oh!

US stimulus trumps virus concerns: European shares rebound

European shares rose on Tuesday as the approval of a US stimulus package helped allay worries of a further dent to the global economy from a new coronavirus strain in the UK.

The pan-European STOXX 600 index rose 1%, recovering from a more than 2% slide in the previous session, which was also its biggest one-day drop in nearly two months. This came as we await Donald Trump's signature.

Strict lockdowns went into effect in Britain on Monday to curb the spread of the new coronavirus strain said to be up to 70% more transmissible than the original, triggering border bans and travel restrictions from several countries. The BBC reported that Britain and France would announce a deal to restart freight by Wednesday.

Not the end-all, be-all of relief

"I spent weeks working with a bipartisan group of colleagues from both chambers... [It] is not the end-all, be-all of covid-19 relief, but will provide (...) much much-needed support to help them get through this difficult time."

US Senator Lisa Murkowski put out her own statement following the bill passing through the two chambers.

'This is a heist'

New York Times best-selling author, Candace Owens is jumping in full agreement with AOC regarding the new bill calling it a 'heist' and saying that 'wealthy people are stealing tax dollars under the guise of covid-19 relief.'

The repeated message from Ocasio-Cortez has been that there just wasn't enough time for this bill to be discussed and assessed properly.

Inside the Capitol

Watch scenes from inside the Capitol Building and listen to remarks from the like of Nancy Pelosi, Kevin Brady and Ron Johnson as the bill passes.

Dysfunctional: Trump and Congress in 2020

A giant fiscal jolt for the US economy finally won approval in Washington Monday, but the half-year of political dysfunction that preceded the deal showcased a near-breakdown in American politics that President-elect Joe Biden will now be challenged to address.

In a year marked by President Donald Trump's impeachment trial and the government's inability to suppress the deadly pandemic, the bitter Republican-Democratic fight over another Covid-19 relief package served as the final 2020 example of national interest being held hostage to political maneuvering.

Mike Dorning and Steven T. Dennis look at how politics failed the American people when they most needed help.

The bill passes

...but not everyone voted for it.

Republican Paul Gosar explains why he was against the relief package being signed into law.

Step 2 done: Senate passes $900 billion stimulus package

The Senate approved the bill by a 91-7 vote.

The legislation will now head over to the White House for the President's signature to make it law. Trump has said that he will sign the bill giving $600 stimulus checks to eligible Americans.

The bill also includes extended $300 per week in enhanced unemployment benefits as well as other measures to help struggling Americans.

Step 1 done: House approves $2.3 trillion bill

The omnibus spending bill cleared the first hurdle passing in the House of Representatives in two separate votes 327-85 and 359-53.

The bill finances the government through September 2021 and provides a new round of pandemic relief aid, including a $600 direct payment.

The bills must now pass the Senate before it can go to President Trump to be made law.

Are children born in 2020 and 2021 eligible for the second stimulus check?

The new covid-19 economic relief bill includes a $600 direct payment per child but some parents may not receive their entitled benefits automatically.

Read more to find out how to get the payment:

Copyrights and Hollywood tax deductions in omnibus bill 

The behemoth of a bill that Congress needs to pass to keep the government running and get Americans pandemic relief has some other measures tucked into it.

Among those are laws related to copyright protections including one that would make illegal streaming for commercial profit a felony.

Hollywood would get an extension of a tax deduction for television and film production costs up to $15 million.

When will the stimulus checks arrive?

With the President expected to sign the new coronavirus relief bill in the coming days, perhaps even hours, there is the chance that some of the early payments to Americans could be received before the end of the year

Direct debit payments were the first to be sent during the first wave of stimulus checks and Rep. Kevin Brady believes that will be the same again this time. 

Want to know more about when to expect your stimulus check? Our handy guide breaks down the five stimulus check payment groups.

Coronavirus stimulus/federal funding package split into two votes

With time of the essence, a number of different bills have been wrapped together in a far-reaching package

As well as the $900bn covid relief bill there are also 12 vital federal spending bills and dozens of other pieces of legislation that need to be passed before Congress breaks for Christmas.

Once approved, the two bills are then reunited and presented to the Senate as one. 

Full detail of the coronavirus stimulus bill

Anyone wanting to really dig into the detail can now access the whole stimulus bill online, all 5,593 pages of it!

These types of bills are usually pretty lengthly but this one is an absolute monster. If you're wondering why, this package is what's known as an omnibus. This means that it contains all 12 federal spending bills, the $900bn covid relief package, and dozens of other bills that need to be passed before Congress breaks for the final time this year.

 

I got the CARES Act check. Will I get this one?

Congress has passed another round of coronavirus relief aid including a second round of stimulus checks that will go to most American families.

AOC unhappy with rushed vote on bipartisan relief bill

After so many months of ineffectual negotiations things went down to the wire to get the bill passed before Christmas. With voting set for Monday, lawmakers were not able to read all 5,593 pages, as they usually would. 

Congresswoman Ocasio-Cortez called this "not good enough":

"It's not good enough to hear about what's in the bill. Members of Congress need to see & read the bills we are expected to vote on. I know it's "controversial" & I get in trouble for sharing things like this, but the people of this country deserve to know. They deserve better."

Pelosi: "Stimulus checks will be going out soon"

Speaker of the House Nancy Pelosi has confirmed that the direct payment will be on their way to Americans soon but admitted that she would have favoured a larger amount. The CARES Act provided $1,200 to each individual but the new package only ensures half of that amount. 

It moved!

After those technical difficulties, the completed stimulus bill was successfully codified and printed off. Then came the Congressional sessions to vote on the package but the agreement is already in place. 

Also, there wasn't much chance of lawmakers reading the whole thing through before it went to the floor. Coming in at a whopping 5,593 pages, they would have to have read 560 pages an hour to finish it before midnight. Enough was known though.

Technical issues slowed things down

After waiting months for more help, Americans were hoping that this process could be brought to a swift finale but computer difficulties were causing problems in Congress.

Reporter Jake Sherman of MSNBC and NBC revealed that the bill couldn't initially be uploaded due a "corrupt file" in part of the bill.

Coronavirus relief bill: daily blog

Hello and welcome to our live coverage of all things related to the latest bill being passed to help the US economy, individuals and businesses.

While keeping you across all the news and reaction to the relief package, we'll also have a keen eye on everything else linked to the current pandemic and political developments throughout the day.

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