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Biden to discuss US Republicans’ $618bn COVID relief proposal | Business and Economy News

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United States President Joe Biden is set to meet on Monday with a group of 10 Republican senators who have proposed $618bn in coronavirus relief, about a third of the $1.9 trillion he is seeking as congressional Democrats are poised to move ahead without Republican support.

The Republicans propose slimmer benefits, including $1,000 in direct payments to individuals earning up to $40,000 a year, or $80,000 for couples, according to a draft obtained by The Associated Press.

The proposal would begin to phase out the benefit after that, with no payments for those individuals earning more than $50,000, or $100,000 for couples. That’s less than Biden’s proposal for $1,400 direct payments at higher income levels.

The cornerstone of the GOP plan appears to be $160bn for the healthcare response — vaccine distribution, a “massive expansion” of testing, protective gear and funds for rural hospitals, according to the draft.

Other elements of the package are similar but come at far lesser amounts, with $20bn to reopen schools and $40bn for Paycheck Protection Program business aid.

An invitation to the GOP senators to meet at the White House came hours after the lawmakers sent Biden a letter on Sunday urging him to negotiate rather than try to ram through his relief package solely on Democratic votes.

The House and Senate are on track to vote as soon as this week on a budget resolution, which would lay the groundwork for passing an aid package under rules requiring only a simple majority vote in the closely divided Senate.

The goal is to pass the legislation by March when extra unemployment assistance and other pandemic aid is set to expire. The meeting to be hosted by Biden would amount to the most public involvement for the president in the negotiations for the next round of virus relief. Democratic and Republican lawmakers are far apart in their proposals for assistance.

White House press secretary Jen Psaki said Sunday that Biden had spoken with the leader of the group, Republican Senator Susan Collins of Maine. Though Biden wants “a full exchange of views,” Psaki reiterated that the president remains in favour of moving forward with a far-reaching relief package.

“With the virus posing a grave threat to the country, and economic conditions grim for so many, the need for action is urgent, and the scale of what must be done is large,” Psaki said.

In challenging Biden to fulfil his pledge of unity, the group said in its letter that its counterproposal will include $160bn for vaccines, testing, treatment and personal protective equipment and call for more targeted relief than Biden’s plan to issue $1,400 stimulus cheques for most Americans.

The Biden White House is eager to pass relief aid for businesses and families reeling from the pandemic  [File: Patrick Semansky/AP Photo]

Winning the support of 10 Republicans would be significant for Biden in the 50-50 Senate, where Vice President Kamala Harris is the tie-breaker. If all Democrats were to back an eventual compromise bill, the legislation would reach the 60-vote threshold necessary to overcome potential blocking efforts and pass under regular Senate procedures.

“In the spirit of bipartisanship and unity, we have developed a COVID-19 relief framework that builds on prior COVID assistance laws, all of which passed with bipartisan support,” the Republican senators wrote. “Our proposal reflects many of your stated priorities, and with your support, we believe that this plan could be approved quickly by Congress with bipartisan support.”

The plea for Biden to give bipartisan negotiations more time comes as the president has shown signs of impatience as the more liberal wing of his party considers passing the relief package through a process known as budget reconciliation. That would allow the bill to advance with only the backing of his Democratic majority.

The Republicans did not provide many details of their proposal. One of the signatories, Louisiana Senator Bill Cassidy, said that it would cost about $600bn.

“If you can’t find bipartisan compromise on COVID-19, I don’t know where you can find it,” said Ohio Senator Rob Portman, who also signed the letter.

But even as Biden extended the invitation to the Republican lawmakers, Psaki said that $1,400 relief cheques, substantial funding for reopening schools, aid to small businesses and hurting families, and more “is badly needed.”

“As leading economists have said, the danger now is not in doing too much: it is in doing too little,” Psaki said. “Americans of both parties are looking to their leaders to meet the moment.”

Biden also spoke on Sunday with House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer, who are facing a growing push from the more liberal Democratic members to move forward with Biden’s legislation with or without Republican support.

The other GOP senators invited to meet with Biden are Lisa Murkowski of Alaska, Mitt Romney of Utah, Shelley Moore Capito of West Virginia, Todd Young of Indiana, Jerry Moran of Kansas, Mike Rounds of South Dakota, and Thom Tillis of North Carolina.

Brian Deese, the top White House economic adviser leading the administration’s outreach to Congress, indicated the White House could be open to negotiating further limitations on who would receive stimulus cheques. Portman suggested the cheques should go to individuals who make no more than $50,000 per year and families capped at $100,000 per year.

National Economic Council Director Brian Deese said the Biden administration may be willing to negotiate on stimulus cheque limits [File: Evan Vucci/AP Photo]

Under the Biden plan, families with incomes up to $300,000 could receive some stimulus money.

“That is certainly a place that we’re willing to sit down and think about, are there ways to make the entire package more effective?” Deese said.

As a candidate, Biden predicted his decades in the Senate and his eight years as US President Barack Obama’s vice president gave him credibility as a dealmaker and would help him bring Republicans and Democrats to consensus on the most important matters facing the country.

But less than two weeks into his presidency, Biden showed frustration with the pace of negotiations at a time when the economy exhibited further evidence of wear from the coronavirus pandemic. Last week, 847,000 Americans applied for unemployment benefits, a sign that layoffs remain high as the pandemic continues to rage.

“I support passing COVID relief with support from Republicans if we can get it. But the COVID relief has to pass — no ifs, ands or buts,” Biden said on Friday.

In the letter, the Republican lawmakers reminded Biden that in his inaugural address, he proclaimed that the challenges facing the nation require “the most elusive of things in a democracy: Unity”.

Cassidy separately criticised the current Biden plan as “chock-full of handouts and payoffs to Democratic constituency groups.”

“You want the patina of bipartisanship … so that’s not unity,” Cassidy said.

Jared Bernstein, a member of the White House Council of Economic Advisers, said officials needed to see more details from Republicans. Doing too little to stimulate the economy could have an enormous impact on the economy in the near- and long-term, he said.

“Look, the American people really couldn’t care less about budget process, whether it’s regular order, bipartisanship, whether it’s filibuster, whether it’s reconciliation,” Bernstein said. “They need relief, and they need it now.”



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US says it has jabbed 82 million people, topping the world | Coronavirus pandemic News

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But coronavirus rates have plateaued over the past week, raising concern over yet another surge in cases and deaths.

The United States has administered 82 million coronavirus vaccine shots, White House officials announced on Friday, more than any other country in the world.

During a coronavirus task force news conference, health officials said 55 percent of Americans aged 65 and older have now received at least one shot, up from 8 percent just six weeks ago.

“Altogether we’ve administered more than 82 million shots, more than any country in the world,” said Andy Slavitt, White House senior adviser for the COVID-19 response team.

But the US has also suffered more deaths than any other country in the world – more than 518,000 Americans have lost their lives to the disease.

President Joe Biden has set a goal of 100 million vaccines administered during his first 100 days in office [File: Evan Vucci/AP Photo]

US President Joe Biden who took office in January has promised to make tackling the pandemic a top priority for his administration and has set a target to vaccinate 100 million Americans by early May – to coincide with his 100 days in office. He has said the country is well under way to meeting that goal.

Officials say 450 vaccination sites have been set up around the country which has sped up the effort and they have plans to open up more sites as vaccine supplies increase over the next weeks.

In an effort to further boost the campaign, last week the US gave emergency approval to use a third vaccine produced by drugmaker Johnson & Johnson. Biden has also announced that the US will manufacture the J&J vaccine, a shot that requires only one dose, further speeding up the effort.

But even with the vaccination campaign well under way, officials said deaths and infection rates have plateaued in recent days, indicating that the nation could be at risk of yet another surge.

CDC Director Rochelle Walensky said amid the rapid spread of new variants across the country, Americans need to ‘double down’ on protection measures of wearing masks, maintaining social distance and frequent hand washing [File: Kevin Lamarque/Reuters]

Director of the Centers for Disease Control and Prevention (CDC), Rochelle Walensky, said over the past week, there have been daily 60,000-70,000 new coronavirus cases, and 1,900 Americans have been dying every day.

“The current numbers remain concerning,” Walensky said, “cases and deaths are still too high, and have now plateaued for more than week.”

Amid the rapid spread of new variants, which have been detected in 48 US states, she urged Americans need to “double down” on protection measures of wearing masks, maintaining social distance and frequent hand washing.

“I know that the idea of relaxing mask wearing and getting back to every day activities is appealing,” she said, “but we’re not there yet.”

Several states have in recent days announced the easing of coronavirus restrictions on businesses and have lifted statewide mandates to wear masks. Health officials have responded with concern and urged Americans to continue to wear masks and follow precautions set under federal guidelines.

Biden blasted the decisions by state governors on Thursday, calling it “a big mistake” and “the last thing we need is Neanderthal thinking.”

Anthony Fauci, the nation’s top infectious disease doctor said the current numbers are an indication of a likely fourth surge in cases.

“When you have that much viral activity in a plateau it almost invariably means that you are at risk for another spike,” he said.

During the briefing on Friday, officials also announced that the CDC is working on publishing guidance for fully vaccinated individuals, indicating which activities they may or may not be able to resume.



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