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Joe Biden tries dialogue with Republicans on bailout


The new president wants to vote on a rescue plan for the economy, valued at 1.9 trillion dollars The new president-elect, Joe Biden , hires Republic

 United States: Joe Biden tries dialogue with Republicans on his plan to save the economy

The new president wants to vote on a rescue plan for the economy, valued at 1.9 trillion dollars

The new president-elect, Joe Biden , hires Republican senators on Monday who ask him to drastically reduce the amount of the rescue plan for the American economy , estimated at 1.9 trillion dollars.

This negotiation will constitute a real test of the will of the Democratic president to govern in a spirit of openness, especially as the counter-proposal plans the flagship measures of Biden's project, including checks to the Americans.

A plan that will increase the debt of the United States, according to the Republicans

His economic adviser Brian Deese took care Sunday to stress that Joe Biden was "open to ideas" while insisting on the need to act quickly in the face of the urgency of the situation. Even before his meeting with the Republicans, the Democratic president defended his current project. "My rescue plan will pull us out of the depths of these (health and economic) crises and put our nation on the path to reconstruction," he tweeted. The economic crisis - the worst since 1946 - results from the Covid-19 pandemic and there is “urgency” to fight against both at the same time, he insisted.

Joe Biden has been hammering for weeks that it is necessary to think big in the face of an unprecedented crisis, hence the gigantic amount - 1.900 billion dollars - for large-scale measures unveiled on January 14. But the Republicans are fiercely opposed to this spending which will further increase the debt and the budget deficit of the United States. The counter-proposal by a group of ten moderate Republicans, posted Monday on the site of Maine Senator Susan Collins, includes measures totaling $ 618 billion. These Republicans suggest lowering the amount of checks sent to Americans to $ 1,000, which would make a total of $ 1,600 with the amount recorded in December.

Reopening public schools is not linked to a money problem

This is much less than the 2,000 dollars wanted by the Biden administration to support the most fragile families who are struggling to pay their rent and eat. This group of Republicans wants above all to reduce the envelope devoted to schools and even remove the aid of 350 billion dollars that could be dedicated to the States, two measures dear to the Democratic president.

In their letter to Joe Biden on Sunday, the ten Republicans who made the counter-proposal, including Mitt Romney, a former White House candidate, and Ohio Senator Rob Portman, argue that "billions of dollars in previous aid plans against Covid have not been used ”and therefore invite the use of these funds before voting on new ones. Another signatory, Bill Cassidy, had explained on Fox News Sunday why he refused to put his hand to the pot for public schools. “Reopening public schools is not about money,” he said. Teachers, pushed by their unions, "do not want to come back to work," he added.

Republicans against doubling the minimum wage

As they stand, these counter-proposals are unlikely to find a favorable response to the president. Last week, Joe Biden hinted that in the absence of consensus, Democrats, who have a majority in the House of Representatives and the Senate, could pass the text by a simple majority. They want to avoid the psychodrama of last year when Democrats and Republicans took months to agree on a new aid plan.

In March 2020, Congress urgently voted for a $ 2.2 trillion plan to deal with the economic shock caused by the Covid. Then, despite the expiration of emergency aid, we had to wait until the very last days of December to get a new plan of 900 billion dollars voted. The Covid-19 crisis caused the worst recession since 1946 last year. And the recovery remains sluggish. Above all, the crisis has greatly accentuated social inequalities in the country. In addition to the amount being too high, Republicans want a separate vote on doubling the amount of the federal minimum wage , currently at $ 7.25 an hour, a provision which is included in Joe Biden's plan.


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Flash News: Joe Biden tries dialogue with Republicans on bailout
Joe Biden tries dialogue with Republicans on bailout
The new president wants to vote on a rescue plan for the economy, valued at 1.9 trillion dollars The new president-elect, Joe Biden , hires Republic
Flash News
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