House Passes Democrats' $3 Trillion Coronavirus Stimulus Bill Republicans Oppose
Bloomberg QuickTake News
Democrats powered a massive $3 trillion coronavirus relief bill through the House on Friday, an election-year measure designed to brace a U.S. economy in free fall and a health care system struggling to contain a pandemic still pummeling the country.
The 208-199 vote, over strong Republican opposition, advances what boils down to a campaign-season display of Democratic economic and health-care priorities. It has no chance of becoming law as written, but will likely spark difficult negotiations with the White House and Senate Republicans. Any product would probably be the last major COVID-19 response bill before November’s presidential and congressional elections.
The enormous Democratic measure would cost more than the prior four coronavirus bills combined. It would deliver almost $1 trillion for state and local governments, another round of $1,200 direct payments to individuals and help for the unemployed, renters and homeowners, college debt holders and the struggling Postal Service.
“Not to act now is not only irresponsible in a humanitarian way, it is irresponsible because it’s only going to cost more,” warned House Speaker Nancy Pelosi, D-Calif. “More in terms of lives, livelihood, cost to the budget, cost to our democracy.”
Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm
QUICKTAKE ON SOCIAL:
Follow QuickTake on Twitter: twitter.com/quicktake
Like QuickTake on Facebook: facebook.com/quicktake
Follow QuickTake on Instagram: instagram.com/quicktake
Subscribe to our newsletter: https://bit.ly/2FJ0oQZ
Email us at [email protected]
QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.
heroes actheroes act 2020heros act billdid the stimulus package passhouse vote on second stimulus packageheros actthe heroes acthouse of representativeshouse votestimulus voteheroes act 2020 updateheroes act vote3 trillion stimulus packagevote on new stimulus packagepelosi new stimulus billsenate vote todayhouse votes on new stimulushouse billhouse vote todayhouse passes stimulus bill todayhr 6800house votes