Biden, Top Senate Republican Signal Support For $908 Billion Stimulus Plan

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After Pelosi and Schumer endorsed the bipartisan plan, Biden called it ‘immediate help for a lot of things’ but said it would only be a ‘down payment.’

with workers affected by Covid-19, President-elect Joe Biden said the plan “wouldn’t be the answer” but that it would provide “immediate help for a lot of things,” calling it a “at best… a down payment.”

Biden, like his fellow Democrats in Congress, reiterated a desire for a far more expansive plan – like the $2.2 trillion Heroes Act – after he takes office, casting it as one of his top priorities based on the dire financial hardship created by the pandemic.on Tuesday by Sens. Joe Manchin , Mitt Romney , Rob Portman , Mark Warner and others, is meant to keep the economy afloat between the end of December and the end of March, 2021.

The proposal includes $300 in weekly unemployment insurance for four months, $288 billion for the Paycheck Protection Program, $160 billion for state and local aid and liability protection for businesses, though it does not include stimulus checks.the proposal “should be used as the basis for immediate bipartisan, bicameral negotiations,” calling on Senate Majority Leader Mitch McConnell to “to sit down with Democrats to finally begin a true, bipartisan effort to meet the needs of the country.

Sen. John Thune , McConnell’s No. 2, responded that Democrats had a “huge request, which was unreasonable,” but that, “They've gotten reasonable and I think that would help us get to a solution,” according to

 

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