The Senate aims to approve the package and get it to President Joe Biden's desk before March 14, when key unemployment programs expire.
Speaker of the House Nancy Pelosi , joins fellow members of Congress to observe a moment of silence on the steps of the U.S. Capitol, on February 23, 2021 in Washington, DC.relief bill on Friday as lawmakers try to prevent unemployment lifelines from expiring next month. The package includes $1,400 direct payments to most Americans, a $400 per week jobless benefit supplement and an extension of programs making millions more Americans eligible for unemployment insurance. It also puts $20 billion into Covid-19 vaccinations, $50 billion into testing, and $350 billion into state, local and tribal government relief.
Democrats have moved to pass the legislation on their own through budget reconciliation, which requires a simple majority in a Senate divided 50-50 by party. They have argued they cannot wait to ease economic pain while they try to strike a deal with the GOP.
At the pause they’re going, none of the money will go out this year, which then give them talking points about Biden not being able to get both sides to agree and jeopardize dem 2022. THAT is the PLAY here.
Kevin McCarthy is a bigger waste!! I think the only down fall with this package is the $15.00 minimum wage because it will kill smaller businesses.
What was a waste was cutting corporate and individual taxes in a booming economy....
BidenTheFraud!
Nope. This👇was the waste.
So you are proud of yourself saying: 'lf we give money to those poor bastards they will become one step closer to us, the bourgeoisie of this society and therefore more jobs will be lost. I am not sure who elected you as the poor people advocate, you actually suck on a big one.
Ok smart ass, tell us the damage it will do?
He is minority leader, so let him talk all he wants. Who cares.
I can believe that CNBC had this person on the show. He was instrumental in the attempt to undermine our election and accountable for the sacking of the capital. He continued even after the it was obvious he was adding to the destruction of our republic. This is so so sad.
Who cares what minority leader has to say? Cnbc whats your agenda?
Republican tax breaks for the rich are a waste. Republicans are a waste. Without them we could fix all our problems
These two guys are clunkers
The majority of Americans don’t support McCarthy’s opinion.
I’ve got to unfollow and stop watching CNBC if you insist on continuing to put assclown Joe Kernan on the air.
Why are u giving him air time?
If it doesn’t go to Wall Street
Any money thrown into the market is good.
We need that money now, for weaponized option yolos on meme stocks.
Who cares what GQP insurrection Party thinks
The bill has like an 80% approval with the general public. Seems like self sabotage for the GOP to keep pushing these nonsense talking points, instead of getting on board and asking to get things added in for their specific constituents.
Says “waste” meanwhile congress has gotten paid for doing minimal work for a year..... I’d debate he’s the waste
It’s obvious. I have been saying that for sometime. JoeSquawk SquawkCNBC CNBC money Relief
Can we cut his state out of the bill?
If it’s waste then maybe consider wasting 2 trillion on bitcoin. I think our country could finally pay off its debt without printing another $ if they took this bold step.....
'we have done five covid bills bipartisan. this is the first one the Democrats just want to do by themselves'... This is such an odd way of saying 'we're back to our obstruction bullshit again now that Democrats are in power.'
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