House Democrats hope to pass the latest version of a coronavirus relief package scheduled for a vote on Friday, and while 68 percent of Americans, including 37 percent of Republicans, support the $1.9 trillion package, it is still seeing a backlash from some GOP members of Congress.
Of those contesting the bill in its current state is Rep. Jason Smith (R-Mo. 8th District), who claims it does not provide enough funds to support efforts in fighting COVID-19.
"This one could be bipartisan if you actually had the stimulus checks and the health care spending to crush the virus, but instead, if you take out the stimulus checks out of this package, more than half of the $2 trillion will not even be spent until the year '22 or after," Smith alleged.
As it stands, the bill includes $1400 stimulus checks, $20 billion for vaccine funding, and a $15 federal minimum wage hike that would help some 900,000 Americans escape poverty, according to the Congressional Budget Office. However, for Smith and some of his GOP colleagues, the change to the minimum wage should remain off the table, stating that such decisions should be left up to states and not dictated by the federal government.
"Thirty-one million Americans, senior citizens, who live solely on fixed income from their social security checks, when you raise the minimum wage to $15, that increases the cost of goods that they have because they're not getting an increase," he claimed, arguing that some would eventually have to make tough spending decisions such as on rent, food, or medicine.
Notably, Smith's home state of Missouri, in a 2018 initiative, did vote to raise its own minimum wage to $12 by 2023. The congressman said that he supported the effort and explained that the "government that's closest" to the people should have the final say.
While the Missouri representative doesn't back the current version of the bill, he said he does support more individual stimulus payments.
"In December I voted for $2,000 direct stimulus checks to the American taxpayers, and I'll tell you, the other five packages were bipartisan," Smith said.
However, regarding the House bill as a whole, the congressman accused it of being a "slush fund" for those closest to President Biden and historically Democratic states. "Look at all the money going to blue states such as California and New York. It's unacceptable," he said. "The money needs to go to the American people, but instead it's hurting the American working class."
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her. Longtime Washington attorney Abbe Lowell said Tuesday that Trump “has no authority to remove” Cook. If Trump succeeds in removing Cook from the Fed's board of governors, it could erode the Fed’s political independence, which is considered critical to its ability to fight inflation because it enables the Fed to take unpopular steps like raising interest rates. The Republican president said Monday he was removing Cook because of allegations she committed mortgage fraud. Cook was appointed by Democratic President Joe Biden in 2022 and says she won't step down.
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
Politico's Marcia Brown breaks down the MAHA draft roadmap: industry-friendly, light on regulation, heavy on research and voluntary food policy changes.
Intel CEO Lip-Bu Tan says he’s “always operated within the highest legal and ethical standards” after coming under pressure following President Donald Trump’s call for him to resign.
Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments.