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LIVE: House Debates 2021 Budget After Senate Passes Resolution for Biden's Covid Stimulus

(Feb. 5) Watch live as the U.S. House of Representatives debates and votes on a concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2021, a move that will enable House and Senate committees to start detailed work on Biden’s $1.9 trillion stimulus proposal.

The Senate approved the resolution early Friday after nearly 15 hours of wading through amendments from both parties. Slight changes to the version the House passed on Wednesday mean the House will need to vote again.

Two non-binding Senate amendments that did pass -- calling for a bar on stimulus checks going to “upper income” Americans, and for holding off on a minimum-wage hike in the near term while the economy is battling the pandemic -- suggest the potential for components of Biden’s plan to be altered by Congress.

Before adoption, Senate Democrats removed three amendments -- related to barring stimulus checks to illegal immigrants, the Keystone XL pipeline and fracking -- that could have caused the budget to lose votes it needs in the House. A remaining amendment supporting the U.S. embassy in Jerusalem could cause some defections from progressives.

Pelosi can only lose four votes and still have enough to pass the measure if all members vote. Two deficit hawks, Jared Golden of Maine and Ed Case of Hawaii, voted no on the budget earlier this week.

House and Senate committees would have until Feb. 16 to write the stimulus legislation under the instructions in the budget.

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Видео LIVE: House Debates 2021 Budget After Senate Passes Resolution for Biden's Covid Stimulus канала Bloomberg Quicktake: Now
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6 февраля 2021 г. 5:17:19
07:14:25
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