The $1.9 trillion coronavirus rescue package proposed by House Democrats would increase the cost of living for many and would kill jobs, the leading Republican on the House Budget Committee says.
“But this is clearly where any sort of urgency on their part ends,” he said. “COVID-19 is more the pretext than the purpose behind what Democrats are proposing. Their approach is the wrong plan, at the wrong time, for all the wrong reasons.”
He was referring to a 591-page bill, unveiled on Feb. 19, that includes $1,400 stimulus payments to those who make less than $75,000 per year as well as $400 in federal unemployment benefits. It would also include an increase to the federal minimum wage to $15 per hour.
Other provisions include more than $300 billion to state and local governments, $130 billion in school funding, and $19.1 billion to state and local governments as a form of housing aid.
“At the same time, there is communication with the Senate as to what the Byrd rule will allow in the bills as we go forward,” Pelosi said on Feb. 18, referring to the “reconciliation” process, which is a method by which a majority party can approve a package with a simple majority of 51 votes instead of 60 in the Senate.
Other Republicans have also panned the measure.
If the measure isn’t passed, federal unemployment benefits could end for millions of Americans who lost their jobs due to lockdown orders initiated by various state and local governments over the past year. The $300-per-week federal unemployment supplement and a provision that expands eligibility are slated to expire on March 14.
Left-wing Democrats have touted the minimum wage increase as a critical boost to some hourly employees.
“Frankly, given the makeup of the Senate, this is our best opportunity and the right moment in the midst of this pandemic to give millions of workers a long-overdue raise,” Rep. Pramila Jayapal (D-Wash.), chair of the Progressive Caucus, said on Feb. 18.