GOP Lawmakers Reveal New Plan for COVID

GOP Lawmakers Reveal New Plan for COVID

( – The Trump Administration and Senate Republicans sent out a second COVID-19 relief package totaling $900 billion in late December 2020. The Biden administration introduced a third aid package totaling $1.9 trillion a couple of weeks later. Concerned about excessive deficit spending, the GOP is offering a counter-proposal.

Sen. Susan Collins (R-ME) spearheaded a new proposal drafted by 10 Republican senators totaling $618 billion. The wide-ranging aid measure includes $160 billion allocated as a direct response to the COVID-19 pandemic to fund testing, contact-tracing, medical equipment, treatment, and vaccines.

It also includes a $1,000 direct payment to Americans earning up to $40,000 a year. That figure would be gradually reduced for individuals earning up to $50,000. Any person with a higher annual income would not receive a payment.

They sent a letter to Joe Biden over the weekend requesting a meeting, and he met with them on Monday, February 1. It remains unclear whether his administration will finalize a deal with Republicans this week.

With any luck, the Republican-led effort succeeds, and Americans can receive the relief they need in a timely fashion. We will update you as both sides work towards an agreement.

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