6.4 C
London
Sunday, December 22, 2024
HomeNewsSenate majority leader again rejects vote on $2k stimulus checks

Senate majority leader again rejects vote on $2k stimulus checks

Related stories

J&K police release list of seized assets used for terrorism

Jammu, Feb 16 : The police in Jammu and...

Israel says 4 mln citizens vaccinated against Covid-19

Jerusalem, Feb 17 : Israeli officials announced that some...

Hungary to receive first shipment of Chinese vaccines

Beijing, Feb 17 : A Hungarian cargo plane loaded...

Washington, Jan 1 : US Senate Majority Leader Mitch McConnell has rejected again to hold a vote on a standalone bill to boost stimulus checks to $2,000 for individuals from $600, which had been approved by the Democrats-held House of Representatives.
“Washington Democrats took President Trump’s suggestion and skewed it so the checks would benefit even more high-earning households,” McConnell said on Thursday on the Senate floor, adding the Covid-19 pandemic had affected rich and poor Americans differently, Xinhua news agency reported.
“Our colleagues who purport to be the champions of vulnerable Americans now say that what struggling people really need is for Congress to stop focusing on targeted relief for them specifically, and to instead send thousands of dollars to people who don’t need the help,” he said.
McConnell noted that former US Treasury Secretary Larry Summers also said there is “no good economic argument” for more non-targeted checks with no linkage to need.
Citing a report from The New York Times, McConnell said that a majority of the households that get non-targeted checks do not end up spending them on urgent needs, but rather, just add to their savings.
McConnell’s remarks came as Democrats have pressed the Senate Republican leader to hold a separate vote on a House-passed bill to increase the amount of stimulus checks.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories