WASHINGTON – Congressional Republicans may offer another round of stimulus checks and a payroll tax cut – a measure long sought by President Donald Trump – as part of their next coronavirus stimulus proposal as lawmakers begin negotiations for additional relief to counter the pandemic’s devastation on health and the economy.
House Minority Leader Kevin McCarthy, R-Calif., touted those two provisions after he and Senate Majority Leader Mitch McConnell, R-Ky., met at the White House with Trump and his advisers.
The White House meeting comes as Congress sprints to pass more financial aid before lawmakers leave for a month-long August recess.
Speaking with reporters at the U.S. Capitol after the meeting, McCarthy said both the payroll tax cut and another round of checks for Americans were under consideration, though details could shift as the measure is drafted. McCarthy did not offer specifics on either provision. McConnell has floated a proposal to limit the number of Americans eligible for another check to those earning $40,000 a year or less.
Asked about whether a payroll tax cut would be included in a Senate bill that could be released as early as this week, McConnell would not lay out any specifics.
“What we’re going to do is follow up the discussion at the White House with a discussion at noon tomorrow with our members, see if we can develop kind of a common approach to this on our side. And then begin to reach out to the Democrats,” he said Monday at the Capitol…Read more>>