Relief bill unveiled in house
Source: CNN
A key House committee on Friday released the Democrats' massive coronavirus relief package, pulling together President Joe Biden's stimulus proposal into a 591-page bill.
More on Covid-19 relief
Here's what's in the House Democrats' stimulus relief plan
Congress already approved $4 trillion in Covid relief. Here's what's happened to it
Here's what budget reconciliation is (and why it matters for Biden's stimulus)
Here are the executive actions Biden has signed so far
The House Budget Committee is expected to consider the legislation, which is based off measures approved by at least nine committees, on Monday. Most of them -- but not all -- adhere closely to what Biden outlined in his $1.9 trillion relief proposal last month.
The full House may pass the legislation as soon as next week, but it could face hurdles in the Senate, where Democrats can't afford to lose a single member of their party thanks to the 50-50 split in the chamber. Already, two Democrats -- Sens. Kyrsten Sinema of Arizona and Joe Manchin of West Virginia -- have voiced opposition to one element of the plan, raising the federal minimum wage to $15 an hour.
Read more: https://www.cnn.com/2021/02/19/politics/stimulus-house-democrats-proposal/index.html
ancianita
(35,933 posts)Before this session makes them spoilers.
This approaches performative rather than substantive politics on their part.
Ollie Garkie
(186 posts)Sinema and Manchin could sink this in the Senate due to their minimum wage objection then it's back to square one. Probably political suicide for them but they're sticks in the mud nonetheless. I envy the talent of the repukes for aaaaaallllllll marching in lockstep.
ancianita
(35,933 posts)Ten Republicans have not marched in lockstep. A few of those might continue to offset our blue dogs.
The whole thing is stupid -- what, AZ and WV don't WANT a minimum wage that hasn't seen a raise in 20 years? Those two are up to something that has nothing to do with what Arizonians or West Virginians want.
cstanleytech
(26,236 posts)to see them tackle the wage problem via a corporate tax method.
By that I mean the taxes on companies and corporations that have more than 100 employees and or that earn more than 30 million a year should see a hike of their taxes to 60% or 80%.
To lower it then the only method should be via a formula that links the employees wages to the federal poverty level.
The more employees they have and the more that earn over 500% above the poverty level the lower the corporate taxes.
Also part time, temp, contract and workers for franchises should count towards the corporate employee numbers.
DeminPennswoods
(15,265 posts)That is 4 years from now.
Right now, in my economically depressed area, Walmart is starting employees at $12/hr, BK is hiring closers at up to $12/hr, Aldi is hiring at nearly $12/hr and that's just what've seen on signs outside their local outlets. In 4 years, starting wages in these places are going to be near $15/hr.
Maxheader
(4,370 posts)To kick in from that tax relief fund stumpy gave them. Or
Biden will take back that 17% ..