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We now know that House Speaker Nancy Pelosi is going to get the House to vote on $2,000 stimulus checks next Monday.
It’s probably the last opportunity that we might have to see stimulus checks go out in amounts over $600.
But not everybody thinks that this is a good idea.
Some lawmakers are worried that this will be opening up negotiations again in a way that could undo some of the progress that was extremely difficult to achieve in the first place.
“If you start opening part of the bill up, it’s hard to defend not opening the whole bill up,” said Sen. Roy Blunt.
“It took us a long time to get where we are. I think re-opening that bill would be a mistake.”
It’s very possible that this initiative could pass the House when the vote takes place on Monday but the Senate could be more doubtful.
In order to overcome a filibuster, the Senate will need to muster 60 votes in favor which may prove to be very difficult.
“I would be surprised if we dealt with it,” said Blunt.
The bipartisan group that put this package together is also asking for Trump to sign off on the bill.
“As members of the bipartisan, bicameral ‘908 Coalition,’ we urge the President to sign the COVID relief package. The legislation would bring desperately needed help to struggling families, unemployed workers, hard-hit small businesses, an overburdened health care system, stressed schools, and so many others. It would provide robust funding for testing and vaccine distribution at a critical time,” the lawmakers wrote.
“By signing the bill, the President would be providing the best possible Christmas gift to the American people,” they added.“
This is a pretty crazy time for Congress.
First, there is the government spending portion of the bill that has to be finalized to avoid a government shut down before Monday night.
That alone applies a lot more pressure to the entire situation.
Then there is the veto aspect.
Congress should have enough votes to easily override a presidential veto but Trump has the option to go to the “pocket veto” route.
Pocket vetoes are not common but in this situation the president could essentially just run out the clock by utilizing Article I, Section 7 of the Constitution.
By waiting until the current Congressional session ends at 11:59:59 am on January 3, this bill would essentially disappear.
That would prove to be wildly unpopular given the expiring benefits that this bill is meant to extend and not to mention all of the other aid that many people are waiting on.
It could also have consequences on the upcoming runoff election in Georgia.
But if Trump was truly unhappy with the contents of the stimulus and spending proposal, it is a route that could happen.
So next week will truly be a huge week, especially Monday when we will see what type of voting takes place for increased stimulus checks and whether or not the voting opens up Pandora’s box with respect to stimulus negotiations.
This could seriously backfire.
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Daniel Gillaspia is the Founder of UponArriving.com and creator of the credit card app, WalletFlo. He is a former attorney turned full-time credit card rewards/travel expert and has earned and redeemed millions of miles to travel the globe. Since 2014, his content has been featured in major publications such as National Geographic, Smithsonian Magazine, Forbes, CNBC, US News, and Business Insider. Find his full bio here.