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Home / Tips and Tricks / Incentive Package Negotiations: The house is back and the lame duck is in full flight. What now?

Incentive Package Negotiations: The house is back and the lame duck is in full flight. What now?



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Will a political divide continue to hinder stimulus negotiations? There is new hope for a compromise.

Sarah Tew / CNET

This week, both the Senate and the House of Representatives are back in Washington and every political party says it wants to succeed another bill for incentives before the inauguration on January 20 from President elect Joe Biden. But the same issues that kept Democratic and Republican lawmakers from reaching a deal in the first instance remain, namely the size of the package and whether or not it is a second round of stimulus controls in front of eligible Americans.

On one side is Senate Leader Mitch McConnell, who is calling for a smaller, more focused $ 500 million bill that doesn’t include a second stimulus check. On the other side is House Speaker Nancy Pelosi, who wants the $ 2.2 trillion Heroes Act that includes a second check of up to $ 1,200 as well as additional resources such as improved unemployment benefits for tens of millions of Americans.

The White House appears to have withdrawn from its $ 1.9 trillion proposal before the election. On Saturday, President Donald Trump broke his silence on the stimulus bill and tweeted that a bill should be passed that is both ‘big’ and ‘focused’ – demonstrating the conflict between the two sides. While Biden has his own incentive plan that does include a second stimulus check, he can only act on it after he has been inaugurated.

Lawmakers face a lame-duck period between now and the January 3 inauguration of the next Congress, which is a last-ditch effort to provide more economic aid before the end of 2020. However, Biden has said he doesn’t want to wait more than two months for him to take office for enlightenment, even if Trump gets the credit as one of his last presidential acts.

“One of the urgent things that needs to be done is that people need relief now,” Biden said on Nov. 10, as reported by Business Insider. “At the moment: small businesses, people who are almost there evicted from their homes because they cannot afford their mortgage, unemployment insurance. “

“There are many things that will have to wait for Joe Biden to become president, but this is not one of them,” Biden’s choice of chief of staff, Ronald Klain, told Meet the Press on Sunday. The few remaining COVID-19 benefits expire December 31.


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Part of the debate centers on the extent to which both sides believe we need more coronavirus relief. Conservative economists and politicians, including McConnell, see the latest signs of economic recovery as a signal that a smaller package could take the country over The COVID-19 vaccine is ready for mass distribution.

“It turns out the news is a lot better,” McConnell said on the Senate floor last week. “Targeted pandemic aid is what we need.”

Others disagree, pointing out that the vaccine won’t be ready for most people until six months or more, during which time thousands of people could die each day and the economy could falter again.

“It is imperative that we provide assistance to the American people whose lives and livelihoods are suffering during this accelerating pandemic,” Pelosi said in a letter from Dear Coleague Monday.

Here’s what we know about where the negotiations are now and what could happen before the end of the year.

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Incentive control negotiations can still go up in smoke if two conflicting parties fail to reach a deal.

Sarah Tew / CNET

What could happen between now and the January 20th inauguration?

Here are some possible scenarios that could play out in the coming weeks.

An incentive bill is completed for January 20: An agreement is reached and the current House and Senate vote. If Trump signs it into law, stimulus checks and other help would likely begin within weeks, with certain groups receiving financial aid before the end of 2020.

An incentive agreement has been finalized and has failed in the Senate or the HouseIn this situation, the Democrats and Republicans could make their own proposals that could be passed in their majority chambers, but not (or not taken into consideration) by the other. In this case, Congress can try again after Biden is sworn in as president.

Some of the funding could be included in a bill that will also fund the government after Dec. 11: It is possible that some of the funding, for example an incentive check, unemployment aid or a extension of the deportation stay, could make it into a bill to keep the government funded after December 11 and prevent a shutdown. As the incumbent president, Trump would have to sign the bill for it to take effect.

Conversations fall apart again until after January 20: If partisan disagreements prevent an account from being formed or accepted, they will likely reboot after the January inauguration.

To help visualize when a bill can be passed, we’ve come up with five possible dates, both before and after the November election. If an invoice is accepted that includes a direct payment, here follows how soon we think the IRS could send a second stimulus check.

When can an incentive bill or package pass?

House vote

Senate vote

President signs

November 30

December 1st

December 2

December 11

12 December

December 13th

February 1, 2021 (after inauguration)

February 2, 2021

February 3, 2021

February 16 (February 15 is President’s Day)

February 16

February 17th

Why this $ 2.2 trillion stimulus package still matters

On October 1, the House of Representatives approved it a revised Heroes Act that included one second stimulus control and additional benefits such as improved unemployment benefits for tens of millions of Americans. The House’s new bill, which was supported primarily by the Democrats, was not expected to pass through the Republican-controlled Senate, and it doesn’t.

However, it provides the framework from which Pelosi operates and could play a role in future negotiations, depending on the election results that could potentially shift the balance in one way or another.

The vote was thought to provide cover for House Democrats, as they campaign without a new emergency bill, just as the Senate did earlier in September for Republican members with its meager $ 650 billion bill.

What Republicans and Democrats do agree on

Proposals from both sides include another incentive payment of up to $ 1,200 for individuals that meet the requirements, including on aid to airlines, improved unemployment insurance and expansion of the Paycheck Protection Program for companies.

While the Senate’s targeted bills that did not advance don’t include incentive controls, Republicans (including those in the Senate) have backed them.

Here are more details on the biggest points of contention between the White House Republicans and the Democrats.

For more information on stimulus controls, here how quickly you now get your second stimulus check, what to do to speed up the delivery of a possible second checkand what you need to know about the HEALS, CARES and Heroes proposals for incentive laws that can help inform a final package.




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