Democratic Party targets Senate treatment by the 14th of next month
The proposal to raise the minimum wage of $15 seems difficult to pass
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The U.S. House of Representatives has passed an additional economic stimulus package for a novel coronavirus infection (Corona 19) worth $1.9 trillion (about 2,140 trillion won). What’s left is the Senate, President Joe Biden stressed, “The Senate must move quickly.”
According to the US economic broadcaster CNBC, the stimulus bill was handled as 219 in favor and 212 in opposition in the entire House vote on the 27th (local time). Considering that the current House of Representatives has 221 seats for the Democratic Party, 211 seats for the Republican Party, and three vacant seats, even though some of the Democratic Party’s votes were departed, the votes were generally made in line with the party’s opinion.
This included △ cash payment of 1,400 dollars per adult △ extension of additional unemployment benefits △ expansion of vaccinations and tests △ support for school normalization. President Biden said, “The bill has now gone to the Senate and I hope there is a quick move. There is no time to waste. “If we act decisively, quickly and boldly now, we will be able to outpace the virus outbreak and finally get the economy back on track.”
The stimulus package that has passed the House of Representatives is transferred to the Senate, where discussions are held for the next two weeks, before going through a voting process. The Democratic Party is in a position that the bill should be sent to President Biden after a resolution in the Senate by the 14th of next month.
Although more than 60 senators are required to process the stimulus package, the Democratic Party has expressed its intention to pass the stimulus plan only with a simple majority by exercising the right to adjust the budget. Considering this, there is a high possibility that the stimulus package will pass as the Democratic Party’s will in a large framework. In the Senate, the Democratic Party and the Republican Party are 50-50, but the Democratic Party is the majority, as Vice President Kamala Harris has a casting boat that can vote when he is equal.
However, the possibility of detailed adjustment remains. CNBC predicted that “senators will begin to come up with amendments to the House,” and that “when the amendment comes out, the House will have to pass it again or the two Houses will have to negotiate to settle the bill.”
The minimum wage is also controversial. Right now, the $15 hourly minimum wage increase the Democratic Party was trying to deal with with the stimulus bill has become virtually impossible. This is because Senate Secretary-General Elizabeth McDonner previously decided that the proposed minimum wage increase would not be eligible for budget adjustment.
On the other hand, the White House and the Democratic Party decided to push for a $15 per hour increase in the minimum wage in some way. “President Biden is still committed to raising the minimum wage to $15,” said Brian Dee, chairman of the White House National Economic Commission. “We will discuss with Congressional leaders how to advance the emergency agenda.” According to the Washington Post (WP), Democratic Senate Leader Chuck Schumer is also considering imposing a penalties tax on conglomerates with sales of more than $2.5 billion that do not pay workers more than $15 an hour.
/New York = Correspondent Kim Young-pil [email protected]
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