Senate to vote on $500 billion GOP coronavirus stimulus bill Wednesday (CNBC)

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    Senate to vote on $500 billion GOP coronavirus stimulus bill Wednesday – By Emma Newburger (CNBC) / Oct 17 2020

    • Senate Majority Leader Mitch McConnell blamed Democrats for the current deadlock, arguing there is enough time to pass the bill and confirm Supreme Court nominee Amy Coney Barret if “Democrats do not obstruct this legislation.”
    • Democrats blocked a $500 billion Republican plan in the Senate last month and are likely to dismiss the latest GOP proposal as insufficient.
    • Democrats are pushing for a much larger package. The party passed a $2.2 trillion relief bill in the House.
    • The Trump administration has proposed a $1.8 trillion package, but that offer is unpopular with Senate Republicans.

    The Senate will vote on a $500 billion coronavirus stimulus bill on Wednesday, Senate Majority Leader Mitch McConnell said Saturday, as a larger bipartisan deal remains elusive despite continued talks between top Democrats and the Trump administration.

    McConnell blamed his opponents across the political aisle for the current stalemate, arguing that the Senate has enough time to pass the GOP stimulus package and confirm Supreme Court nominee Amy Coney Barret if “Democrats do not obstruct this legislation.”

    “Nobody thinks this $500B+ proposal would resolve every problem forever,” McConnell said in a statement on Saturday. “It would deliver huge amounts of additional help to workers and families right now while Washington keeps arguing over the rest.”

    Democrats have accused McConnell of pushing ahead with Barrett’s confirmation instead of focusing on passing stimulus legislation. Democrats blocked a $500 billion Republican plan in the Senate last month and will likely dismiss the latest GOP proposal as insufficient.

    Continue to article> https://www.cnbc.com/2020/10/17/senate-to-vote-on-500-billion-gop-coronavirus-stimulus-bill-wednesday.html

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