Global  

Trusted News Discovery Since 2008
One News Page
One News Page > News Videos > Chuck Schumer > Republican stimulus proposal 'inadequate': Schumer

Republican stimulus proposal 'inadequate': Schumer

Video Credit: Reuters Studio - Duration: 01:25s - Published < > Embed
Republican stimulus proposal 'inadequate': Schumer

Republican stimulus proposal 'inadequate': Schumer

Senate Minority Leader Chuck Schumer called the Republicans' $1 trillion opening bid on an economic rescue plan "inadequate," saying it didn't do enough to address the public health crisis caused by the spreading coronavirus.

Jillian Kitchener has more.

0
shares
ShareTweetSavePostSend
 

Republican stimulus proposal 'inadequate': Schumer

As measures taken to fight the coronavirus decimate the U.S. economy - Senate Majority Leader Mitch McConnell said he wanted a deal for an economic rescue plan by the end of Friday… but Senate Democratic Leader Chuck Schumer on Friday said the $1 trillion proposed bill was skewed in favor of corporations.

(SOUNDBITE)(English) SENATE MINORITY LEADER, CHUCK SCHUMER, SAYING: “Senator McConnell has proposed what is now the third phase of legislation to confront the coronavirus.

We are all eager to work in a bipartisan way to quickly get another bill to the president's desk.

But at the moment, the McConnell bill is inadequate.

Leader McConnell's proposal does not do nearly enough to address the public health crisis in terms of hospitals, medical supplies, beds, doctors, nurses, measures to ensure that Americans can access and afford coronavirus treatment.

The bottom line is very simple: if we don't deal with the health crisis, nothing we do will make the economy any better.” The bill includes $208 billion for industries.

A key plank of the legislation is also a direct payment of up to $1,200 for individuals and $2,400 for couples below a certain income threshold, along with $500 for each child in the family, a Senate Finance Committee statement said.




You Might Like


Tweets about this

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2020 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.