LIVE: U.S. House Reconvenes for Budget Resolution Vote to Pass Covid Stimulus
President Joe Biden and Treasury Secretary Janet Yellen told Senate Democrats on Tuesday that a Republican counterproposal on stimulus is too small. A key Democratic senator, Joe Manchin, said he supported starting the process of passing a stimulus bill using a partisan budget tool, though he opposes the minimum-wage hike included in Biden’s $1.9 trillion aid proposal.
The Senate on Tuesday is set to begin a process that would let Democrats pass the stimulus without Republican votes. Biden and congressional Democrats have signaled they’re intent on a large pandemic relief bill, potentially forgoing Republican support, even after a White House meeting with GOP senators on Monday that both sides described as productive.
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer introduced a budget resolution Monday, the first step required to use a procedure called “budget reconciliation” that would allow much of Biden’s virus-relief plan to pass the Senate with only 51 votes.
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Видео LIVE: U.S. House Reconvenes for Budget Resolution Vote to Pass Covid Stimulus канала Bloomberg Quicktake: Now
The Senate on Tuesday is set to begin a process that would let Democrats pass the stimulus without Republican votes. Biden and congressional Democrats have signaled they’re intent on a large pandemic relief bill, potentially forgoing Republican support, even after a White House meeting with GOP senators on Monday that both sides described as productive.
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer introduced a budget resolution Monday, the first step required to use a procedure called “budget reconciliation” that would allow much of Biden’s virus-relief plan to pass the Senate with only 51 votes.
Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
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Видео LIVE: U.S. House Reconvenes for Budget Resolution Vote to Pass Covid Stimulus канала Bloomberg Quicktake: Now
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