During a speech on the Senate floor earlier in the day, Senate Majority Leader Mitch McConnell, R-Ky., McConnell accused Democrats of trying to extract concessions from airlines over their "carbon footprint", with the economy hanging in the balance. News reports that Democrats and Republicans have negotiated, but according to Senator McConnell, there are a number of changes, requested by Democrats. His bill would authorize an expansion of Federal Reserve liquidity programs, delay a controversial new accounting standard for loan losses, give the Federal Deposit Insurance Corp. the authority to guarantee business transaction accounts, provide regulatory relief for troubled debt restructurings, and ease a capital requirement for community banks. "Are you kidding me?"
Senate Minority Leader Chuck Schumer leaves after speaking to the press prior to attending a meeting to discuss a potential economic bill in response to the coronavirus, COVID-19, in Washington, DC, on March 20.
This is a developing story and will be updated.Читайте также: Coronavirus in Suffolk: Boris Johnson announces lockdown in bid to battle pandemic
The action on the package was blocked by the Democrats, falling short of getting the required 60 votes. Five Republican senators are in self-quarantine due to either a positive coronavirus test or suspected contact with an infected person.
The stimulus package included direct aid payments to Americans and measures to support small businesses and large corporations that are struggling and being forced to cut workers.
Democrats had also complained that the draft aid package did not go far enough to provide health care and unemployment aid for Americans, and failed to put restraints on a proposed $500 billion "slush fund" for corporations, saying the ban on corporate stock buy-backs are weak and the limits on executive pay would last only two years.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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