Treasury Secretary Janet Yellen
Janet Louise YellenSunday shows the preview: The resolution of the budget opens the way for the stimulus of 0.9 trillion; Senate prepares for impeachment trial More than 200 Obama officials sign letter supporting Biden’s stimulus plan. Biden’s economic adviser calls Summers “totally wrong” with comments on inflation MORE He said on Sunday that he thought the income levels identified by conservative Democratic senators to restrict which Americans received direct payments under the Biden government’s COVID-19 aid package were too low.
Talking to CNNs Jake Tapper
Jacob (Jake) Paul TapperWithout Trump, late-night ‘comedy’ becomes even more unbearable CNN’s ‘stunned’ Gupta Cuomo said he doesn’t trust health experts. Officials prepare for Trump’s second impeachment trial MORE in “State of the Union,” Yellen indicated that he felt that individual Americans earning $ 60,000 a year should be eligible for direct payments, a number greater than that identified by senators as Joe Manchin
Joseph (Joe) ManchinSanders criticizes Democrats willing to reduce eligibility for stimulus checks The Memorandum: Bad Jobs Report Boosts Biden’s Stimulus Case Biden expects minimum wage increases to be withdrawn from the final aid bill (DW.Va.), who asked for payments to be eliminated at the income level of $ 50,000 per year.
“[I]f you think of an elementary school teacher or a police officer who earns $ 60,000 a year and comes across children who are out of school and people who may have been taken out of the workforce to take care of them and many extra charges, [President Biden] thinks, and I would certainly agree, that it is appropriate for people there to get support, “said Yellen.
Yellen added that the White House is negotiating with Congress “to define what is fair” in terms of phasing out income levels for direct payments in a stimulus package, telling Tapper that struggling middle-class families “also need to of help”.
“So, you definitely think more than $ 50,000 per individual, but you’re not necessarily willing to commit to $ 75,000, is that what I’m hearing?” Tapper asked, referring to the level at which payments were eliminated in the package approved in December.
“Yes,” replied the secretary. “I think the details can be worked out. And the president is certainly willing to work with Congress to find a good structure for these payments ”.
Senate Democrats have indicated they are prepared to approve Biden’s $ 1.9 trillion COVID-19 relief package without Republican support after a group of 10 Republican senators proposed a structure last week that totaled $ 600 billion , much less than the Democrats demanded.
Democratic leaders, including spokespersons Nancy Pelosi
Nancy PelosiMissouri man seen with Pelosi’s nameplate accused of riot connection on Capitol Hill. Republicans fear Greene could be dragged to a party in the suburbs Claudia Tenney wins race for New York City MORE (D-Calif.) He said he expects the package to be approved in two weeks.