Amid criticism that they’re delaying a coronavirus response bill, House Democrats released a counterproposal that bars companies using bailout money to buy back stock and boosts unemployment insurance. This could pressure Senate Republicans to make a deal.
House Democrats, led by House Speaker Nancy Pelosi, have released their own version of the Senate's stimulus package in response to the coronavirus crisis. Pelosi is seen here on March 13 ahead of an earlier aid package deal.House Democrats, led by House Speaker Nancy Pelosi, have released their own version of the Senate's stimulus package in response to the coronavirus crisis. Pelosi is seen here on March 13 ahead of an earlier aid package deal.
In a statement, House Speaker Nancy Pelosi said the Republican bill before the Senate puts"corporations first, not workers and families." The Democrats' bill, which is more than 1,400 pages long, would prevent corporations from using taxpayer money for stock buybacks, boost unemployment insurance, strengthen the child and earned income tax credits and inject nearly $40 billion into schools and universities to stabilize funding. It also directs billions of dollars in grant funding for states to carry out this year's election through the Election Assistance Commission.
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