The president is pushing for checks to reach Americans as quickly as possible due to economic need
For those who were waiting for their next stimulus checks, it looks like president Joe Biden now it is asking Congress to speed them up. He says that when it comes to providing Americans with financial relief from the COVID-19 pandemic, the time is now.
Immediately after taking office, Biden proposed his $ 1.9T stimulus proposal and has been pushing for support for her ever since.
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“We don’t have a second to lose when it comes to giving the American people the relief they desperately need,” said the president. tweeted. “I am asking Congress to act quickly and approve the American Rescue Plan.”
We don’t have a second to lose when it comes to providing the American people with the relief they desperately need. I am asking Congress to act quickly and approve the American Rescue Plan.
– President Biden (@POTUS) February 8, 2021
Mayor Nancy Pelosi He recently confirmed that the House of Representatives wants to pass the coronavirus relief bill in the next two weeks. Last week, the Senate passed a budget resolution that would accelerate additional relief from COVID with a 51-50 vote (with vice president Kamala Harris being the tiebreaker).
“It is not yet a closed deal,” he said. Ed Mills, Washington policy analyst at Raymond James said CNBC. “But there is certainly more unification among Democrats than I have ever really seen and a sense of urgency that usually doesn’t exist.”
“We are considering an early March timeline for getting something into law, if everything works correctly,” speculated Mills.
These checks are intended to raise recent direct payments to $ 2,000 in total, to supplement the $ 600 already authorized by Congress in December.
READ MORE: Dems is expected to introduce $ 3,000 per child in benefit as part of the bill paymentme
But POTUS clarified that he is open to revisiting exactly who is eligible for these payments, explaining during an update on the economy on Friday: “We need to direct that money so that people who earn $ 300,000 do not receive any unexpected profits.”
Data compiled by New York Times says that the lowest-income families that received the most recent $ 600 check spent more money, stimulating the economy as checks should do, but that the higher-income families that received the checks tended to save, not spend. them.
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Post-President Biden urges Congress to speed up stimulus payments: ‘We don’t have a second to waste’ first appeared on TheGrio.