Bloomberg reported that several Republican senators expressed doubts Wednesday (20) about President Joe Biden‘s proposed $1.9 trillion bailout plan, and Biden wants the plan to pass Congress as soon as possible and needs the support of these lawmakers.
Republican Senator Mitt Romney of Utah and Senator Lisa Murkowski of Alaska, who both helped push the $900 billion stimulus package last Time, both said Wednesday that it was too soon for a new spending bailout to be proposed after the previous case had just passed.
Biden’s team has quickly started communication with lawmakers from both parties in Congress, in order to promote the bill can be passed soon. Several lawmakers have said they will meet with Biden’s team this weekend or within a week to discuss the bill.
Romney told the press shortly after Biden’s inauguration, “We just passed a bill of more than $900 billion, and I’m not looking for a new package in the immediate future. Murkowski also said she agreed with Biden’s assertion that another round of bailouts was needed, but that it should be reconsidered some time later.
Biden’s latest bailout proposal, which opened up a firestorm of congressional battles last week, is expected to encounter delays in Congress because the size of the bailout and the increase in the base pay are opposed by most Republican senators.
The U.S. Senate now has a 50-50 bipartisan vote, and Biden needs the support of at least 10 Republican lawmakers if the bill is to pass quickly in the Senate. Of course, Senate Majority Leader Chuck Schumer (D-N.Y.) could use the so-called “reconciliation process” to lower the threshold for passage to 51 yes votes. But there are parts of the Biden bailout plan that may not qualify for the “reconciliation process.
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