Senate Republicans released a new round of coronavirus relief on Monday, as White House negotiators and House Speaker Nancy Pelosi are set to meet in the evening to begin negotiations.
“So I hope this strong proposal will occasion a real response. Not partisan cheap shots. Not the predictable, tired, old rhetoric as though these were ordinary times and the nation could afford ordinary politics,” Senate Majority Leader Mitch McConnell challenged of the Democrats while unveiling in unveiling the HEALS Act.
The $1 trillion Republican bill presents a more fiscally responsible alternative to the HEROES act passed by the Democrat led House of Representatives which boasts a $3 trillion price tag.
HEALS stands for the package’s focus on Health, Economic Assistance, Liability protection, and Schools.
The HEALS Act is more targeted than the CARES act, tailored to an economy that has “one foot in the pandemic and one foot in the recovery,” according to McConnell.
The crucial relief legislation includes $100 billion in school funding, which places more of an emphasis on education than the House Democrat’s legislation, with the goal of retrofitting schools and universities with coronavirus precautions to open for on-campus learning.
The HEALS Act also seeks to extend the Federal unemployment benefits while reducing them to an additional $200 per week rather than the current $600 implemented by the CARES Act – which has created problems for some businesses struggling to get employees to return to work as many are now earning more from unemployment than they did before.
That number would run through the first week of October, at which point states are supposed to bring a more complex program online where those who are still unemployed can collect 70 percent of their former wages.
“The boosted unemployment benefit is significantly more than the Democratic Senate and President approved in the 2009 economic crisis, and it doesn’t pay most people more than working like the extra $600 does,” Sen. Finance Committee Chair Chuck Grassley.
McConnell pointed out that the additional $200 was still eight times greater than the $25 per week in federal benefits offered following the 2008 recession.
It also includes a second round of stimulus checks at the same $1200 amount as in the CARES act, along with a “sequel” to the Paycheck Protection Program to mitigate layoffs.
Liability protections would be included for everyone from doctors and nurses, who will be protected from malpractice suits, to churches, charities, businesses and schools, McConnell noted. The hope is that the protections will encourage companies to reopen without fear that they will spend years in court.
The bill also includes $16 billion for COVID-19 testing and contact tracing; $20 billion for vaccine, therapeutic and diagnostic development; $20 billion for farmers and $30 billion to protect the military and defense industrial base from the virus.
Senate Minority Leader Democrat Chuck Schumer, right on cue, blasted the legislation as “totally inadequate.”
“We’ve waited months for a Republican bill and still the Republican response is totally inadequate,” the New York Democrat said on the Senate floor.
He criticized the Republican plan for offering the unemployed 70 percent of their former wages.
“Republicans say take a 30 percent pay cut. Can you believe that? You lost your job, can’t get to work, and now they want to take $1600 out of your pocket every month,” Schumer said.
McConnell urged Democrats to put aside their “socialist manifesto,” the HEROES Act, and come to the negotiating table.
“The Senate will not waste time with pointless partisanship,” he said. “There is a reason why even Speaker Pelosi and Leader Schumer themselves have publicly downplayed the multi-trillion-dollar socialist manifesto they published some weeks back, and have suggested the real, serious discussion would begin when Republicans released our outline.”
“Are we going to get the Democratic Party we got in March, when our colleagues met us in good-faith negotiations and worked with us to turn our framework into a bipartisan product?” McConnell continued.
“Or will the country get the Democratic Party we saw in June, when our colleagues refused to suggest amendments or improvements to Senator Tim Scott’s police reform bill, and chose to block the issue altogether?”