Due to Trump’s Complaints, US House to Vote on Increased Cash Payment Bill
Trump Demands $2000 Cash Payment Per Person
US House Democrats to Vote on 28th
[Asia Economy Reporter Kwon Jae-hee] As U.S. President Donald Trump demands revisions to the stimulus bill passed by Congress, the Democratic Party in the House of Representatives is set to vote on an alternative bill that increases the cash payment per citizen, Bloomberg reported on the 26th (local time).
According to the report, Nancy Pelosi, Speaker of the House for the Democrats, plans to hold a House vote on the 28th on an alternative bill that includes raising the cash payment from the current $600 to $2,000.
The House is scheduled to vote on the "Cash Act," proposed by House Ways and Means Committee Chairman Richard Neal, to increase the cash payment to $2,000.
Earlier, on the 21st, Congress passed a stimulus package worth about $892 billion (approximately 988 trillion won) to respond to the novel coronavirus (COVID-19) and the federal government’s 2021 fiscal year budget of $1.4 trillion (approximately 1,551 trillion won).
However, on the 22nd, President Trump demanded revisions to the bill, stating that many items unrelated to COVID-19 were included in the stimulus package, and called for reducing unnecessary spending allocated to foreign countries, lobbyists, and interest groups, while increasing the cash payment from $600 to $2,000 per person.
Regarding the cash payments, the Democrats share President Trump’s position, while the Republicans are rather reluctant. On the 24th, the House proposed passing a bill unanimously to increase individual support payments to $2,000, but the Republicans rejected it.
On the other hand, the Republicans suggested deleting some spending plans, including foreign aid criticized by President Trump, but this proposal was rejected by the Democrats.
President Trump also tweeted on the day that he wants the people to receive $2,000, not $600.
Bloomberg noted, "However, President Trump did not draw attention to the fact that it is Republican lawmakers who are reluctant to increase spending."
Following his veto of the National Defense Authorization Act passed by Congress, President Trump has hinted at the possibility of vetoing the budget bill as well, raising concerns about a federal government shutdown.
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If President Trump does not sign the budget bill, concerns are rising that federal government funds will be depleted on the 28th, leading to a shutdown starting on the 29th.
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