Investments

Biden opposes reducing payments to the population, but may tighten the criteria for receiving them

Meanwhile, Democrats continue to plot a maneuver to accept an aid package without Republican support.

President Joe Biden told Democratic lawmakers on Wednesday that he would not backtrack on including the $ 1,400 payout in the economic aid package, but would consider introducing tougher criteria for receiving them, lawmakers and their aides said..

Biden held a teleconference with House Democrats and met with senators at the White House as the party prepares to use procedural maneuver to accept a $ 1.9 trillion aid package without Republican support..

“We talked about direct payments and what changes could be made to ensure that aid is targeted,” Democratic Senator Chris Koons said Wednesday morning as he left the White House..Biden opposes reducing payments to the population, but may tighten the criteria for receiving them “However, President Biden has made it clear that he will not ignore the middle class or give up on his promises.”.

During a conversation with House Democrats, the president said he did not want to begin his presidency by breaking promises of aid, one congressman said..

Biden’s proposal sets out the same criteria as previous bills for COVID-19 assistance: payments are due to Americans whose income is up to $ 75,000 per person and up to $ 150,000 per couple..

Biden met with 10 moderate Republican senators on Monday and said he wants to garner bipartisan support. However, Republicans want to reduce the amount of the aid package, recalling that previously $ 4 trillion had already been allocated to combat the consequences of the pandemic..

Senate Majority Leader Chuck Schumer said the Democratic strategy does not rule out bipartisan cooperation, but has pledged to take a massive initiative that includes helping the unemployed, businesses, housing, schools and state and municipal governments, and additional funding for the vaccination program..

Senate Republican Leader Mitch McConnell criticized the Democrats for their partisan approach, denouncing their plan to adopt a strategy that would allow the bill to pass by a simple majority.

“The new president talks a lot about unity, but his administration and congressional leaders are working in a different scenario,” McConnell said in a Senate address.

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