Senate democrats unveil new coronavirus 'hazard pay' proposal

Virus Outbreak Trump Pelosi

Virus Outbreak Trump Pelosi

Senate Democrats' proposed "Heroes Fund" consists of two major components: a $25,000 premium pay increase for essential workers, equivalent to a raise of $13 per hour from the start of the public health emergency until December 31, 2020, and a $15,000 essential worker recruitment incentive to attract and secure the workforce needed to fight the public health crisis.

Democrats said they were not consulted.

Congressional leaders are jolting ahead with another coronavirus rescue package as President Donald Trump indicated that Americans will need more aid during the stark pandemic and economic shutdown.

Schumer declared the pay hike for nurses, truck drivers grocery store clerks and others the "highest priority."

"They receive a lot of applause and congratulations", he said, referring to the 7 pm hours. applause from NY residents for frontline workers.

Much of the next package would be adding more funds to programs created in the bill signed into law last month, with additional direct payments to individuals, extended unemployment insurance, and more funds for the Payroll Protection Program.

"The way it's going, we're going to need that, because the people are loving it", Trump said in a conference call with banking executives open to the press. "It was not their fault".

The details of the package are still under discussion and it is unclear whether Schumer's idea will gain traction with Trump or his Republican allies in Congress - especially since he is sure it will cost hugely expensive. On Tuesday, Senate Minority Leader Chuck Schumer announced he wanted to make $25,000 in hazard pay available to workers still showing up for their jobs as coronavirus grips the country - and wouldn't shy away from putting it front and center in negotiations with Republicans in leadership.

Spain tops Italy as country with most coronavirus infections
It shows Spain is entering "a new phase of the battle", said Transport, Mobility and Urban Affairs Minister José Luis Ábalos. Despite having the third-highest number of confirmed infections in Europe, Germany has a relatively low death toll of 1,434.

Already, small businesses can get up to $ 10 million in repayable loans from the federal government to continue to pay while workers stay at home.

The move comes as House Speaker Nancy Pelosi said another $1 trillion is needed is the emerging aid package.

The Californian Democrat has promised to prepare the next package in time for a House vote this month.

According to Bloomberg, Pelosi told Democrats on a private phone call that the next stimulus bill will earmark at least another $1 trillion dollars, with the intended objective of giving more relief to people and small businesses. Senate Majority Leader Mitch McConnell has said the next package must put health care at the top of the list.

Yellen said she expects a 30 percent contraction of GDP this year, but has seen models as high as 50 percent, according to a Democratic aide unauthorized to discuss the call and granted anonymity.

The earlier relief package, approved in late March, included one-time $1,200 direct payments to Americans, along with forgivable small business loans for companies to keep making payroll.

A broader oversight board is being formed to track the Treasury Department's dispersal of the aid to businesses, particularly the more than $500 billion in corporate and industry aid under Secretary Steven Mnuchin's discretion.

She also said there needs to be more aid through the Supplemental Nutrition Assistance Program, also known as food stamps. She is obviously following the advice of Rahm Emanuel, who once said "you never want a serious crisis to go to waste". She said the next economic relief bill should have more funding for people's immediate needs and election resources but that infrastructure is not off the table. I can only hope that my congressional representative, Lauren Underwood, will finally stand up against the House leadership and try to curb the Democrats' tendency to expand the size and scope and spending of the federal government.

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