The House on Monday moved forward with its $1.9 trillion coronavirus relief package, setting the stage for passage later this week.
The chamber’s Budget Committee advanced the bill in a 19-16 vote as Democrats rush to beat a March 14 deadline to extend key unemployment programs. The party is trying to pass the proposal through budget reconciliation, which allows it to get through the evenly split Senate without Republican support.
The bill’s main provisions include:
- A $400 per week unemployment insurance supplement through Aug. 29
- The extension of pandemic-era programs expanding jobless benefits to gig workers and self-employed people and increasing the number of weeks individuals can receive payments through Aug. 29
- $1,400 direct payments for individuals making up to $75,000, and couples earning up to $150,000, which phase out at $100,000 and $200,000 in income, respectively
- Relief to households of up to $3,600 per child over a year
- A gradual federal minimum wage increase to $15 an hour by 2025
- $20 billion for a national Covid-19 vaccination program
- $170 billion to help K-12 schools and higher education institutions reopen and provide aid to students
- $350 billion in support for state, local and tribal governments
The bill will move through the House Rules Committee before heading to the House floor, where Democrats led by House Speaker Nancy Pelosi, D-Calif., are hoping to pass it as soon as this weekend.
Democrats say they aim to streamline Covid-19 vaccine distribution and buoy the more than 18 million people receiving unemployment benefits in the United States. Party leaders have argued they cannot afford to inject too little money into the federal response as the country tries to recapture some sense of normalcy.
President Joe Biden has said he would rather pass a bill now without any GOP support than negotiate for weeks and agree to a smaller plan backed by Republicans.
The bill the House passes may not be the one that eventually becomes law. The Senate parliamentarian still has to determine whether the chamber can pass the minimum wage increase in a reconciliation bill.
Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona have both signaled they could oppose the pay increase if it is allowed in the Senate proposal.
Reference: CNBC
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