US Senate nears relief bill votes after half-day GOP delay

Stocks

The Senate steered toward a voting marathon on Democrats’ $ 1.9 trillion COVID-19 relief bill on Friday after enduring an extraordinary half-day holdup forced by a Republican foe of President Joe Biden’s top legislative priority.

The chamber planned to begin voting around midday on a mountain of amendments, mostly by GOP opponents and virtually all of which were destined to be rejected. That would set the Senate on course toward approving its reworked version of the massive measure, probably over the weekend, and shipping it back to the House so it could whisk the final package to Biden for his signature.

Republicans are attacking the bill as a liberal spend-fest that ignores that growing numbers of vaccinations and signs of a stirring economy suggest that the twin crises are easing.

“Our country is already set for a roaring recovery,” said Senate Minority Leader Mitch McConnell, R-Ky., in part citing an unexpectedly strong report on job creation. “Democrats inherited a tide that was already turning.”

Democrats reject that, citing the 10 million jobs the economy has lost during the pandemic and numerous people still struggling to buy food and pay rent.

“If you just look at a big number you say, ‘Oh, everything’s getting a little better,'” said Senate Majority Leader Chuck Schumer, D-N.Y. “It’s not for the lower half of America. It’s not.”

In an encouraging sign for Biden, a poll by The Associated Press-NORC Center for Public Affairs Research found that 70% of Americans support his handling of the pandemic, including a noteworthy 44% of Republicans.

Moments after the Senate took up the legislation Thursday, Sen. Ron Johnson, R-Wis., forced the chamber’s clerks to read aloud the entire 628-page measure. The exhausting task took the staffers 10 hours and 44 minutes and ended shortly after 2 a.m. EST, with Johnson alternately sitting at his desk and pacing around the mostly empty chamber.

Democratic leaders made more than a dozen late additions to their package on Thursday. That reflected their need to cement unanimous support from all their senators — plus Vice President Kamala Harris’ tie-breaking vote — to succeed in the precariously divided 50-50 chamber.

The Senate’s 51-50 vote to start debating the package, with Harris pushing Democrats over the top, underscored how they were navigating the package through Congress with virtually no margin for error. In the House their majority is a scrawny 10 votes.

The bill, aimed at battling the killer virus and nursing the staggered economy back to health, will provide direct payments of up to $ 1,400 to most Americans. There’s also money for COVID-19 vaccines and testing, aid to state and local governments, help for schools and the airline industry, tax breaks for lower-earners and families with children, and subsidies for health insurance.

The new provisions offered items appealing to all manner of Democrats. Progressives got money boosting feeding programs, federal subsidies for health care for workers who lose jobs, tax-free student loans, and money for public broadcasting and consumer protection investigations.

Moderates won funds for rural health care, language assuring minimum amounts of money for smaller states and a prohibition on states receiving aid using the windfalls to cut taxes. And for everyone, there was money for infrastructure, cultural venues, start-up companies and afterschool programs.

Even with the late revisions, there was a good chance lawmakers will make yet another one and vote to pare back the bill’s $ 400 weekly emergency unemployment benefits to $ 300.

That potential change could also extend those emergency payments another month, through September. It was described by aides and a lobbyist who spoke on condition of anonymity to describe internal conversations.

Biden and Senate leaders had agreed Wednesday to retain the $ 400 weekly jobless payments included in the version of the relief bill the House approved Saturday. The reduction to $ 300 — which seemed likely to occur once the Senate begins a “vote-a-rama” on scores of amendments later this week — seemed to reflect a need to secure support from moderate Democrats.

It also left House Speaker Nancy Pelosi, D-Calif., the task of keeping her chamber’s numerous progressives on board. Liberals already suffered a blow when their No. 1 priority — a federal minimum wage increase to $ 15 hourly that was included in the House package — was booted from the bill in the Senate for violating the chamber’s rules and for lack of moderates’ support.

In another bargain that satisfied moderates, Biden and Senate Democrats agreed Wednesday to tighten eligibility for the direct checks to individuals. The new provision completely phases out the $ 1,400 payments for individuals earning at least $ 80,000 and couples making $ 160,000, well lower than the original ceilings.

Congress wants to send the bill to Biden before March 14, when a previous round of emergency benefits for people tossed out of work by the pandemic expires.

Johnson told reporters he was forcing the bill’s reading to “shine the light on this abusive and obscene amount of money. ” Schumer Friday morning praised the staffers who worked late as “the unsung heroes of this place” and said of Johnson, “I hope he enjoyed his Thursday evening.”

The economic recovery began to stall late last year as the virus surged, causing a shortfall in hiring in recent months. The Labor Department said Friday that the economy added 379,000 jobs last month, indicating unexpected strength as virus cases fall and consumers boost spending but still leaving a long way for the country’s job market fully recovers.

The nonpartisan Congressional Budget Office estimates economic growth will exceed 4% this year without Biden’s rescue package. Republicans cite that as evidence the economy is pointed upward, but Democrats say a strong economic stimulus is still needed to prevent a relapse.