AGL 40.00 Decreased By ▼ -0.21 (-0.52%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.72 Increased By ▲ 0.05 (0.75%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.65 Decreased By ▼ -0.08 (-0.92%)
DFML 41.10 Decreased By ▼ -0.06 (-0.15%)
DGKC 85.40 Decreased By ▼ -0.71 (-0.82%)
FCCL 33.10 Increased By ▲ 0.54 (1.66%)
FFBL 65.77 Increased By ▲ 1.39 (2.16%)
FFL 11.65 Increased By ▲ 0.04 (0.34%)
HUBC 111.47 Decreased By ▼ -0.99 (-0.88%)
HUMNL 14.74 Decreased By ▼ -0.07 (-0.47%)
KEL 5.16 Increased By ▲ 0.12 (2.38%)
KOSM 7.59 Increased By ▲ 0.23 (3.13%)
MLCF 40.35 Increased By ▲ 0.02 (0.05%)
NBP 60.11 Decreased By ▼ -0.97 (-1.59%)
OGDC 194.25 Increased By ▲ 0.07 (0.04%)
PAEL 26.60 Decreased By ▼ -0.31 (-1.15%)
PIBTL 7.38 Increased By ▲ 0.10 (1.37%)
PPL 153.80 Increased By ▲ 1.12 (0.73%)
PRL 26.20 Decreased By ▼ -0.02 (-0.08%)
PTC 17.11 Increased By ▲ 0.97 (6.01%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.58 Decreased By ▼ -0.09 (-1.17%)
TOMCL 34.50 Decreased By ▼ -1.97 (-5.4%)
TPLP 8.93 Increased By ▲ 0.14 (1.59%)
TREET 16.80 Decreased By ▼ -0.04 (-0.24%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.25 Decreased By ▼ -0.95 (-3.37%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,113 Increased By 27.5 (0.27%)
BR30 31,179 Increased By 9.1 (0.03%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)
World

US Congress fails to agree to boost stimulus checks

  • The stimulus measure is wrapped up with a $1.4 trillion funding bill, without which the government will be forced to shut down at midnight Monday.
Published December 24, 2020

WASHINGTON: Republicans on Thursday blocked an effort to amend the hard-won pandemic relief package to more than triple direct payments to struggling Americans, something demanded by President Donald Trump.

After months of partisan bickering, legislators late Monday finally approved a stimulus package to help families and businesses struggling to survive the hit to the economy from the coronavirus before millions lose their benefits.

The legislation includes one-time payments of $600 to most taxpayers, but Trump dropped a bombshell on the celebrations this week, hinting he might veto the bill unless the amount was increased to $2,000.

Democrats, who have been pushing for months to increase pandemic support, cheered his statement, and House Speaker Nancy Pelosi called for Republicans to support an amendment.

The Democrat-controlled House of Representatives held a Christmas Eve "pro forma" session, normally a brief affair with little business, in an effort to seek bipartisan approval to send the revised payments to Trump's desk for signature.

But Republicans refused to agree to the change.

"So we do not have unanimous consent," said Michigan Democrat Debbie Dingell, who was acting as speaker pro tempore.

Pelosi lambasted Republicans and vowed to call the House back on Monday to approve the amendment in a regular session.

"Today, on Christmas Eve morning, House Republicans cruelly deprived the American people of the $2,000 that the President agreed to support. If the President is serious about the $2,000 direct payments, he must call on House Republicans to end their obstruction," she said in a statement.

"House and Senate Democrats have repeatedly fought for bigger checks for the American people, which House and Senate Republicans have repeatedly rejected."

The stakes are high, especially if Trump vetoes the bill: About 14 million jobless workers will lose their pandemic unemployment benefits, while millions more face eviction when a moratorium expires at the end of the year.

And the stimulus measure is wrapped up with a $1.4 trillion funding bill, without which the government will be forced to shut down at midnight Monday.

Comments

Comments are closed.