Fourth stimulus check: when did the negotiations take place?
In April and May, nearly a hundred Democratic lawmakers have pleaded and called on their legislatures to pass a fourth stimulus check. To many, it seemed like the momentum was building, and then suddenly the lawmakers fell silent.
Change to build back better
The focus has shifted to President Biden Build back better program and the White House made it clear that it was not going to push for sending another round of direct payments. On the contrary, the Biden administration lobbied for other benefits that would send more sustained payments to fewer people. An example is the Child Tax Credit, which, as part of the US bailout, was changed to reach more families. Whereas previously there were income conditions for applying for the credit, the new structure allowed those who had no income to apply for the allowance. This change has made more than twenty-four million more children eligible to receive the credit.
Biden hits NJ Transit yard as deadline looms for ‘Build Back Better’ spending plans
“These bills speak of competitiveness versus complacency … world leader [or] let the world overtake us.
“Aging infrastructure … an obstacle. “https://t.co/n2Kc8lVIVR
– New York Daily News (@NYDailyNews) 25 October 2021
Infrastructure and reconciliation
In April, President Biden unveiled the U.S. Jobs Plan, which aimed to make historic investments in the country’s crumbling infrastructure and workers. However, Republicans quickly rejected the proposal saying they would only support a bill focused on traditional infrastructure such as roads, airports and bridges.
Negotiations between the White House and Republican leaders like Senator Shelly Moore Capito took place and quickly collapsed. To replace these negotiations, came the bipartite bill on infrastructure drawn up with a group of Democratic and Republican Senators. Progressive Democrats did not accept the proposal, arguing that it left out many of the campaign promises made by the president and others. Democrats elected in 2020.
Chairmen of the Senate Budget Committee Bernie sanders began spearheading a parallel reconciliation bill that initially totaled over $ 3.5 trillion. This bill included an extension of the current structure of the child tax credit five years, the establishment of a federal paid family leave program, and provided two years of free community collegee.
What is the status of the two invoices?
The infrastructure bill was approved by the Senate, but was blocked in the House of Representatives by Democrats withholding their vote until the reconciliation bill was introduced.
Until last week, the White House had negotiated with two Democratic senators: Joe Manchin from West Virginia and Kyrsten Sinema from Arizona. The two senators withhold their votes on the reconciliation bill depending on its size. TO win their votes, some media have reported that popular aspects are being cut. Amendments to the reconciliation bill could include the elimination of the community college measure and the extension of the child tax credit one year.
Senator Joe Manchin said on Monday that Democrats should be able to reach agreement this week on a framework for President Biden’s economic agenda. https://t.co/IePnDuB6ay
– Bloomberg Government (@BGOV) 25 October 2021
President Nancy Pelosi and Senate Majority Leader Chuck Schumer hope their houses will approve the two bills by the end of the month, but as the negotiations drag on, it is not certain that this deadline will be respected.