LIVE: White House Press Secretary Jen Psaki Holds News Conference in Washington, D.C.
(Feb. 3) Watch live as White House Press Secretary Jen Psaki holds a press briefing at the White House on Wednesday, February 3, 2021, in Washington, D.C.
President Joe Biden told House Democrats on Wednesday that backing anything less than $1,400 stimulus checks would mean starting his presidency with a broken promise, according to participants on a caucus conference call.
Biden said he was open to considering tighter eligibility requirements for stimulus checks but signaled he wasn’t willing to reduce the standard of a $1,400 payment outlined in his aid package, the people said.
Republican lawmakers have suggested both reducing the amount of the next round of stimulus checks and sending them to a smaller group of Americans. But shrinking the payment means Biden wouldn’t be able to deliver his campaign promise of $2,000 payments to many Americans, a total that includes previous $600 payments.
Senate Republicans have proposed issuing $1,000 payments for individuals earning up to $40,000 or couples making twice that, and completely phasing out the payments by $50,000 for singles or $100,000 for married couples.
Despite those differences, Biden told reporters during an Oval Office meeting with Democrats: “I think we’ll get some Republicans.”
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Видео LIVE: White House Press Secretary Jen Psaki Holds News Conference in Washington, D.C. канала Bloomberg Quicktake: Now
President Joe Biden told House Democrats on Wednesday that backing anything less than $1,400 stimulus checks would mean starting his presidency with a broken promise, according to participants on a caucus conference call.
Biden said he was open to considering tighter eligibility requirements for stimulus checks but signaled he wasn’t willing to reduce the standard of a $1,400 payment outlined in his aid package, the people said.
Republican lawmakers have suggested both reducing the amount of the next round of stimulus checks and sending them to a smaller group of Americans. But shrinking the payment means Biden wouldn’t be able to deliver his campaign promise of $2,000 payments to many Americans, a total that includes previous $600 payments.
Senate Republicans have proposed issuing $1,000 payments for individuals earning up to $40,000 or couples making twice that, and completely phasing out the payments by $50,000 for singles or $100,000 for married couples.
Despite those differences, Biden told reporters during an Oval Office meeting with Democrats: “I think we’ll get some Republicans.”
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.
Connect with us on…
YouTube: https://www.youtube.com/user/Bloomberg
Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews
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Видео LIVE: White House Press Secretary Jen Psaki Holds News Conference in Washington, D.C. канала Bloomberg Quicktake: Now
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