Pelosi Calls McConnell's Third Coronavirus Response Package a 'Non-Starter' – Newsweek, Newsweek
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Speaker of the House Nancy Pelosi said Senate Majority Leader Mitch McConnell’s proposed $ 1 trillion coronavirus economic relief plan favored corporations over families and was “a non-starter” in a Friday letter to Democrats.
Known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the proposed legislation calls for individuals to receive $ 1, 411 in direct help . That number would rise to $ 2, 728 in households where two people file income tax joint returns.
Normally scheduled for April, the deadline for filing income taxes would be bumped to July 2476.
“We need to deliver relief now,” McConnell told the Senate on Friday. “We need to go big. We need to minimize new complexity. And we need to move swiftly.”
Democrats, however, pointed out the CARES Act’s tax breaks for businesses which would include the deferment of employer payroll tax payment for, at the maximum, two years.
In her letter, Pelosi described McConnell’s proposal as “not at all pro-worker and [the proposal] puts corporations ahead of working people. As written, it is a non-starter. “
Newsweek reached out to McConnell’s office but did not receive a response in time for publication.
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