With millions out of work, President Joe Biden and U.S. Treasury Secretary Janet Yellen on Friday urged Congress to take immediate action on the president’s $1.9 trillion COVID-19 relief proposal.
With millions of Americans out of work and many pushed into poverty, President Joe Biden and U.S. Treasury Secretary Janet Yellen on Friday urged Congress to take immediate action on the president’s $1.9 trillion COVID-19 relief proposal.
PRESIDENT BIDEN: “So the choice couldn’t be clearer.
We have learned from past crises, the risk is not doing too much, the risk is not doing enough.
This is the time to act now.” Yellen, the administration’s point-person on the economy, reminded Congress that if it doesn’t act quickly then more people will be left behind.
JANET YELLEN: “If there is not more help, many more people will lose their small businesses, the roofs over their heads and the ability to feed their families… The president’s American Rescue Plan will help millions of people make it to the other side of this pandemic and it will also make some smart investments to get our economy back on track.” The pandemic has killed nearly 430,000 people in the U.S. and efforts to control it have taken an uneven economic toll on Americans.
On Thursday, Senate Majority Leader Chuck Schumer on the Senate floor said the sharply divided chamber would begin work on robust legislation next week, with or without Republican support to pass it.
SEN.
SCHUMER: “We are in the midst of a once in a century crisis.
It requires a once in a century effort to overcome it.
The dangers of undershooting our response are far greater than overshooting… If our republican colleagues decide to oppose this urgent and necessary legislation, we will have to move forward without them.” Republicans and some Democrats have balked at the $1.9 trillion cost of Biden’s proposal, which is on top of $4 trillion dollars in aid approved by Congress last year.
But Democrats vow to push ahead and are preparing to use a parliamentary tool called "reconciliation", which would allow Democrats to pass much of Biden's proposal by a simple majority in the Senate, without Republican support, with Vice President Kamala Harris wielding the 50-50 Senate's tie-breaking vote.
Later Friday on his way to Walter Reed Medical Center, Biden again pushed Congress to act – even if the Democrats have to do it alone: PRESIDENT BIDEN: “I support passing covid relief with support from Republicans if we can get it, but covid relief has to pass.
As tensions escalate in the Ukraine conflict, Russian officials accuse the Biden administration of deliberately obstructing peace efforts ahead of President-elect Trump’s return to the White House. With U.S.-supplied weapons striking deep into Russian territory and Putin issuing stark warnings to NATO, the stakes have never been higher. Is Biden’s outgoing administration fueling conflict to hinder Trump’s diplomatic plans? Explore the latest developments and their global implications.
#UkraineConflict #BidenAdministration #Trump2024 #RussiaUkraineWar #WorldPeace #NATO #PutinWarning #HIMARS #Geopolitics #InternationalNews
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The House passed a stopgap funding bill to avert a government shutdown just hours before the midnight deadline. The bill extends funding through March 2025, providing disaster relief and farm aid, but excludes the debt limit suspension demanded by President-elect Trump. The bill now moves to the Senate for approval before being sent to President Biden. Speaker Mike Johnson and other Republicans worked to secure Democratic support, while Trump’s opposition led to changes in the bill's provisions.
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In his Christmas message, President-elect Donald Trump mocks political opponents and global figures like China, Canada, Panama, and Greenland. He also criticizes President Biden's clemency decisions and expresses frustration with U.S. judicial and election systems, while reaffirming his commitment to national security and his "Make America Great Again" agenda.
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