The House Budget Committee will begin assembling the final legislation on Monday. Democrats hope to use budget reconciliation to push the bill through without Republican support before federal benefits run dry on March 14, The Washington Post reports.
The plan calls for $2 trillion in spending, but after excluding stimulus payments that would be made to individuals almost half of the money in the bill would not be spent until fiscal year 2022 or later.
The new President's desire to create more consensus in Washington will clearly be on his mind as he tries to steer his $1.9 trillion stimulus package through the US House this week and prepares for the legislation's more hard path through the US Senate. The $1,200 and $600 payments, respectively, reached tens of millions of Americans through direct deposit to their bank accounts or in paper checks or debit cards - but what about people who are still waiting, including those who weren't able to file a 2019 tax return or get their banking information to the IRS or don't have a bank account at all? "Should we not invest $130 (billion) to help schools across the nation open safely?"
House Democrats says they are ready to move forward with President Joe Biden's $1.9 trillion relief bill, which includes another round of stimulus checks and an extension for certain unemployment benefits.
One of the most controversial provisions is the phased increase of the $7.25 an hour federal minimum wage to $15 per hour by 2025. Congress' budget scorekeeper estimated that the minimum-wage hike would cost about 1.4 million jobs, though it would also lift about 900,000 people out of poverty.
House Democrats are pushing for a vote at the end of next week, and its passage would send the bill to the Senate for consideration. On Friday, House Minority Whip Steve Scalise urged Republicans in an email to vote "no" on what his office called House Speaker Nancy Pelosi's "Payoff to Progressives Act".
Under the $ 1,400 stimulus check proposal drawn up by the United States House of Representatives that will go down to a vote in that legislative body next week a family of four would receive a total of $ 5,600.
Scalise's office characterized the bill as the embodiment of a "liberal wish list".
A Quinnipiac University poll released earlier this month showed that almost 7 in 10 Americans supported the $1.9 trillion package and only 24% opposed it.