Amber

House Approves $2,000 Direct Payments in COVID-19 Stimulus Payouts, Looks to Senate to Vote

UTC by Benjamin Godfrey · 3 min read
House Approves $2,000 Direct Payments in COVID-19 Stimulus Payouts, Looks to Senate to Vote
Photo: Depositphotos

There is a possibility that the Senate Republicans may want to hold onto their conservative approach in increased spending citing longer-term consequences.

The United States House of Representatives passed the votes to support the issuance of $2,000 in stimulus checks to American households or beneficiaries, with expectations from the Senate to also sign off on the higher payments. According to a report from Newsweek, the vote from the House came a day after President Donald Trump signed off the COVID-19 stimulus bill with a $600 direct payment to Americans and his unusual demand to raise the payments calling the initial proposal a “Disgrace.”

The second batch of the COVID-19 relief funds which has been marred by months of negotiation impasse over differences in the budget from both the Republicans and the Democrats in the House and Senate respectively finally saw the consent of the lawmakers and the president who recognized the need to support American families during this holidays season. The President’s proposal to boost the payments has been well received by the Democrats and marked by a 275-134 vote in the House, beating the two-third majority required to pass the bill.

Speaking ahead of the House signing off on the deal, House Speaker Nancy Pelosi noted that “the president of the United States has put this forth as something that he wants to see and part of his signing the legislation yesterday. I hope that view will be shared by the Republicans in the Senate, because we will pass this bill today.” “Republicans have a choice: vote for this legislation or vote to deny the American people the bigger paychecks this need. To reject this would be in denial of the economic challenges that people are facing and it would deny them, again, the relief they need,” added she.

Will the Senate Object to the House Ratified Higher COVID-19 Payments?

From the longer-term dispositions of the Republican-controlled Senate as seen in the months of negotiations for this new paycheck, many believe that there is a possibility that the Senate Republicans may want to hold onto their conservative approach in increased spending citing longer-term consequences.

However, many expect that a move in opposition to the higher payments will be a direct affront to the American people who needed these funds more than ever, and also to the president who is in his last days in office, barring any new developments in his attempts to overturn the results of the November 3rd Presidential elections.

Senate Minority Leader Chuck Schumer, D-N.Y., however, has noted he would force the chamber to take up the measure Tuesday but only one senator would need to object to block the bill from passing.

“Following the strong bipartisan vote in the House, tomorrow I will move to pass the legislation in the Senate to quickly deliver Americans with $2,000 emergency checks,” Schumer said in a statement Monday. “Every Senate Democrat is for this much-needed increase in emergency financial relief, which can be approved tomorrow if no Republican blocks it – there is no good reason for Senate Republicans to stand in the way.”

Market News, News, Personal Finance
Benjamin Godfrey

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Related Articles
EarnBet