House Fails To Pass Bill To Increase Stimulus Checks To $2,000


US-ECONOMY-BANK-RATE-POLITICS-STIMULUS

US-ECONOMY-BANK-RATE-POLITICS-STIMULUS

The House of Representatives failed to advance a bill that would have provided a $2,000 direct payment to most Americans. Democrats introduced the measure on Thursday (December 24) morning and tried to pass it by a unanimous consent request. Republicans blocked the move, bucking President Donald Trump, who demanded Americans receive more than the $600 provided by the stimulus package that was passed earlier in the week.

"I am asking Congress to amend this bill and increase the ridiculously low $600 to $2,000, or $4,000 for a couple," President Trump said on Tuesday (December 22). "I'm also asking Congress to immediately get rid of the wasteful and unnecessary items from this legislation, and to send me a suitable bill or else the next administration will have to deliver a package, and maybe that administration will be me."

After the Republicans blocked the measure, they introduced one of their own that would have reduced the amount of foreign aid in the massive omnibus spending bill, which was attached to the coronavirus relief package. The Democrats blocked their attempt to pass it by a unanimous consent request.

House Speaker Nancy Pelosi said the chamber will meet on Monday (December 28) to vote on a standalone bill that will provide a direct payment of $2,000 to most Americans.

“On Monday, I will bring the House back to session where we will hold a recorded vote on our standalone bill to increase economic impact payments to $2,000. To vote against this bill is to deny the financial hardship that families face and to deny them the relief they need,” Pelosi said in a statement.

Photo: Getty Images