Trump Administration Weighing Options For Coronavirus Aid Bill Now Stuck In Congress
President Trump and the rest of his administration are taking a look at the options they have at their disposal for pushing through the latest coronavirus aid package without the need for congressional approval after the bill got stuck in Congress.
A senior official who works for the White House spoke with Fox News on Monday where they stated that the administration is looking to take unilateral action to help ease the financial suffering caused by the COVID-19 pandemic.
Here’s more informationf from Fox News:
“As the negotiations continue to progress as a snail’s pace, the administration is considering a number of options that might be available without congressional legislative action,” the official told Fox News.
“Those that are counting on enhanced unemployment need to be gravely concerned about the lack of progress,” White House chief of staff Mark Meadows told Fox News. “My recommendation would be for them to call their members of Congress and their senators and ask them why they are not willing to compromise when obviously the White House is willing to compromise.”
Meadows added: “There are two things standing in the way to a deal on enhanced unemployment benefits continuing. One is Sen. [Chuck] Schumer and Speaker [Nancy] Pelosi and the other is a negotiating tactic that puts people at risk.”
The original package that passed a while back provided folks out of work due to shutdowns with an extra $600 a week. For a lot of people, this meant they were actually making more money not working than they did off of their regular paychecks. The left wants to continue this part of the program which expired at the end of July, but Republicans fear that doing so will cause people to not want to return to work since they’ll be technically making less money.
It also helps to know a little something about the numbers behind both the HEALS Act, proposed by the Republicans and the HEROES Act proposed by Democrats. The HEALS Act will cost $1 trillion to fund, while the HEROES Act will cost $3 trillion.
At the end of the day, the only real solution to this problem is to open the economy back up full swing and let individuals get back to work. Yes, this does indeed come with the risk of a possible spike in cases, but we cannot continue to stagnate production and expect to economically survive.
It should go without saying that a complete economic collapse right now would spell disaster.