Speaker of the House Nancy Pelosi, D-Calif., meets with reporters following escalation of tensions this week between the U.S. and Iran, Thursday, Jan. 9, 2020, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)
Speaker Nancy Pelosi announced Sunday morning that House Democrats are not ready to sign on to an emergency stimulus bill that has been proposed by the Senate, saying “From my standpoint, we are apart.”
Speaker Pelosi says she is not ready to sign off on the major coronavirus stimulus package — and that top Democrats will be introducing their own legislation — as Congress readies the bill for passage as soon as Monday: "From my standpoint, we are apart.” https://t.co/GGiHTo33JK
— NBC News (@NBCNews) March 22, 2020
Senate Republicans introduced a bill Thursday that would mete out stimulus payments to Americans based on 2018 tax filings.
According to details of the bill released Thursday, Senate Republicans are proposing giving a $1,200 check to every American adult with an income under $75,000, decreasing gradually after that and zeroing out at $99,000 income. Checks would fall to $600 for those with little or no income tax liability, and $500 will be added in per child. The eligibility is based on 2018 tax filings.
Meanwhile, Democratic presidential candidate Sen. Bernie Sanders, I-Vt., has proposed universal $2,000 checks per month “for the duration of the crisis.” Other Senate Democrats have suggested quarterly checks that begin at $2,000 per person, decreasing over time based on economic triggers.
Some experts are saying that the payments should be made regardless of income status because any other red tape will only delay the delivery of checks to suffering Americans.
There is not yet much indication of what Pelosi plans on proposing differently, but a previous bill that was rejected by House Republicans included funding for abortion procedures.