McConnell links $2,000 stimulus checks to Trump’s social media, election demand
Payments to Americans are on the way but they will be $600 rather than $2,000 as President Donald Trump and many congressional Democrats would have preferred. Senate Majority Leader Mitch McConnell blocked the quickest path to increasing those payments to $2,000. CNBC’s Eamon Javers reports. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Senate Majority Leader Mitch McConnell on Tuesday blocked Senate Minority Leader Chuck Schumer’s attempt to unanimously pass a bill to increase direct payments in the year-end coronavirus relief package to $2,000. The Kentucky Republican later Tuesday introduced a bill that would boost the size of the checks to $2,000 from $600, repeal Section 230 legal liability protections for internet platforms and create a commission to study election issues. The bill would meet all of President Donald Trump’s recent demands, which are unrelated, but would not get Democratic support and become law. Through the bill, Republicans would both avoid the act of actually passing $2,000 payments but allow GOP senators running for reelection in Georgia’s Jan. 5 runoffs to express support for Trump’s priorities. In a statement Tuesday, Schumer said if McConnell “tries loading up” the bill “with unrelated, partisan provisions that will do absolutely nothing to help struggling families across the country,” larger direct payments would not become law. “Any move like this by Sen. McConnell would be a blatant attempt to deprive Americans of a $2,000 survival check,” he said. McConnell faces pressure to act after the House — with nearly all Democrats and a few dozen Republicans on board — voted Monday to increase the cash deposits to $2,000 from $600. Senate Republicans wary of spending more on pandemic aid are looking for a way to both meet the demands of a president who called the year-end coronavirus relief and funding bill a disgrace and hold on to their majority during races overshadowed by the crisis. McConnell brought the chamber back this week with one major goal: overriding Trump’s veto of the annual National Defense Authorization Act. He has not yet committed to bringing the $2,000 payment bill up for a vote, and it is unclear now how one would take shape. Nick Note:Their will be no cookie. No more happy check money. And the most devastating wave of the plague is about to hit. And with less then 2 million people who have gotten 2 shots out of 350 million. Well i will leave it to you to connect the dots.