The US House of Representatives Budget Committee passed the COVID-19 bailout bill worth $ 1,900 billion


The US House of Representatives Budget Committee passed the COVID-19 bailout bill worth $ 1,900 billion

The House Budget Committee on February 22 passed the US $ 1,900 billion COVID-19 relief bill of President Biden in a vote with 19 votes for and 16 against.

The bill is still to be approved by the Rules Committee before it goes to the full House of Representatives scheduled for later this week.

President Biden’s bailout bill is expected to face political challenges and related procedures in the Senate after it is passed by the House of Representatives.

Speaking at the hearing, Kentucky State Democratic Rep. John Yarmuth said the Budget Committee was speeding up on the bailout bill.

The bill includes $ 1,400 stimulus checks, an extension of unemployment benefits, funding for vaccinations and tests, $ 129 billion for schools, an increase in income tax credit and a plan. increase the minimum wage to 15 USD / hour by 2025.

Pennsylvania Democratic Rep. Brendan Boyle noted that the bill received about 70% support from the people, including half of Republicans.

However, Republicans on the committee criticized Democrats for pushing the bill by adjusting the budget, a process that allows Democrats to pass the bill without backing. Republican Party households in the Senate, while also claiming that many of the above bill provisions are not relevant to the COVID-19 pandemic.

Notably, Missouri Republican Rep. Jason Smith said the bill was a false plan, while Republicans also noted that the Congressional Budget Office estimates that about $ 700 billion won’t be spent. until 2022 or later.

Democrats may struggle to pass bill in the Senate, where they dominate the majority, where the proposed minimum wage of $ 15 may be difficult to pass.

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