What Relief Aid Will You Receive After Stimulus Talks Next Week?
Treasury Secretary Steve Mnuchin has testified before the Congress subcommittee and presented the relief aid that they want to discuss on Tuesday.
Mnuchin testified before a Congress subcommittee panel and discussed the need a new relief aid that should be delivered before government operations shut down in October. He laid down the programs needed to be given to the public the soonest possible time.
Before Congress is set to meet Tuesday next week, Mnuchin stressed the priorities that both the Republicans and the Democrats must find common ground on coronavirus relief for the millions of Americans. The White House has proposed a relief aid worth $1.3 trillion.
During the House subcommittee panel hearing, Mnuchin said: "What's more important is... getting money to American workers, American families, kids. There are tremendous areas of agreement, and that's what we should be doing right away."
He also asserted that he is willing to sit down and discuss the next round of stimulus bill with Democratic House Speaker Nancy Pelosi anytime and without any conditions.
Mnuchin has blamed the opposition as to why the talks of relief aid impasse. But he believes "a bipartisan agreement still should be reached" to deliver further aid to the people.
Aside from the stimulus checks that the Trump administration want to deliver, Mnuchin also said that further details on the eviction moratorium will be disclosed.
He noted that the guidelines are designed to ensure that millions of tenants across the country will not be thrown out due to the pandemic.
It can be remembered that the CDC released a nationwide eviction moratorium through the power given to the agency by the federal government.
This recent order protects the tenants who can no longer pay their rent because they lost their jobs amid the global pandemic.
Mnuchin has urged Congress to have financial assistance for the tenants across the country. He even said that this action is very significant and will help around 40 million renters across the country.
The CDC issued the moratorium to make sure that people will not be homeless and keep them away from crowded living conditions that could worsen the number of infections in the country.
"You will see rolled out... specific guidelines that I think you'll appreciate are quite significant on allowing moratoriums for people who certify, that they can't make their rental payments due to coronavirus related issues," the Treasury Secretary said.
Meanwhile, the CDC's order will take effect until the end of this year. However, the agency clarified that tenants should also look into the house eviction law in the state where they belong because the CDC's moratorium has its limitation and does not apply to all renters.
White House Chief of Staff Mark Meadows earlier said that he expected a Republican proposal to be put forward "sometime next week."
He noted the "biggest stumbling block" in talks over a new relief bill was funding for state and local governments that have slashed budgets amid the COVID-19 pandemic.
The White House and the Republican lawmakers expect that the next relief bill for the country's residents, who are financially and economically impacted by the global pandemic, will be discussed in Congress on Tuesday and eventually the bill will be passed.
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