• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, July 12, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

‘No quick agreement’ as Biden meets Republicans on relief bill

February 2, 2021
thevaultzby thevaultz
in USA, America
0
‘No quick agreement’ as Biden meets Republicans on relief bill

President Biden meets Republican Lawmakers at the White House. Image: AP

US President Joe Biden has told Republican senators during a two-hour meeting that he’s unwilling to settle on an insufficient coronavirus aid package, after they pitched their scaled-down $618 billion counterproposal, a fraction of the $1.9 trillion relief bill the President is seeking.

The meeting is President Biden’s first with lawmakers at the White House and no compromises were reached by both sides after lengthy discussions.

From left, Sen. Mitt Romney, R-Utah, Vice President Kamala Harris, President Biden, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska.

White House Press Secretary Jen Psaki said that while there were areas of agreement, “the President also reiterated his view that Congress must respond boldly and urgently, and noted many areas which the Republican senators’ proposal does not address.

RelatedPosts

Trump Reignites Tariff War With Canada

Francesca Albanese Sanctioned Over “Warfare Against US And Israel”

House Democrats Demand Release Of Epstein Files Involving Trump

“He will not slow down work on this urgent crisis response, and will not settle for a package that fails to meet the moment.”

As a result, Democrats in Congress have pushed ahead with groundwork for approving his COVID relief plan with or without Republican votes. Despite the Republican group’s appeal for bipartisanship, President Biden made it clear that in a bid to unite the country, he won’t delay aid in hopes of winning Republican support.

The two sides are far apart, with the Republican group’s counterproposal focusing primarily on the health care crisis and a smaller $1,000 direct aid to Americans. The direct payments would go to fewer households than the $1,400 President Biden has proposed, and offers only a fraction of what the President wants to reopen schools.

The Republican senators also proposed giving nothing to states, money that Democrats argue is just as important, with $350 billion in President Biden’s plan to keep police, fire and other workers on the job.

The President is leading Democrats toward a more extensive rescue package, three times the size, to shore up households, local governments and a partly shuttered economy.

Republican Senator Susan Collins of Maine called the meeting a “frank and very useful” conversation, noting that the president also filled in some details on his proposal.

“All of us are concerned about struggling families, teetering small businesses and an overwhelmed health care system,” said Sen. Collins, flanked by other senators outside the White House.

Asked if Biden had shown a willingness to reduce his $1.9 trillion top line, Republican Sen. Bill Cassidy of Louisiana, said, “He didn’t say that, nor did we say we’re willing to come up” from the GOP plan. He said it’s “too early” to say if a deal can be reached.

susan collins
Sen. Susan Collins flanked by other senators after discussing relief package with the President. Image: AP

Democrats have pushed ahead at the Capitol, unwilling to take too much time in courting Republican support that might not materialize or deliver too meagre a package that they believe doesn’t address the scope of the nation’s health crisis and economic problems.

House and Senate Democrats released a separate budget resolution a step toward approving Biden’s package with a reconciliation process that wouldn’t depend on Republican support for passage.

In a statement, Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi intimated that, “The cost of inaction is high and growing, and the time for decisive action is now.”

Senator Schumer also warned that history is filled with “the costs of small thinking.”

Tags: COVID-19 reliefJoe BidenRelief PackagesRepublicansUSAWhite House
Please login to join discussion
Previous Post

We Are Projecting A 6% Petroleum Price Increase- COPEC

Next Post

Non-Performing Loans shows some Declines in the Banking Sector

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

IMANI Flags Transparency Gaps in $360 Million World Bank Loan, Loan, Public
General News

IMANI Flags Transparency Gaps in $360 Million World Bank Loan

July 12, 2025
Ewurabena Aubynn
General News

NDC’s Ewurabena Aubynn Secures Historic Victory in Ablekuma North Rerun

July 11, 2025
Minority Decries Violence, Police Inaction in Ablekuma North Rerun, Polling, Violence
General News

Minority Decries Violence, Police Inaction in Ablekuma North Rerun

July 11, 2025
BoG’s Ban on 10 Money Transfer Organisations Sparks Transparency Debate
Banking

BoG Stress Test Uncovers Banks’ Credit Vulnerability Amid Strong Liquidity Defences

July 11, 2025
AU Urges Human Dignity In Corruption Fight
Africa

AU Urges Human Dignity In Corruption Fight

July 11, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Nearly 800 Killed While Trying To Receive Food Aid In Gaza

July 11, 2025
IMANI Flags Transparency Gaps in $360 Million World Bank Loan, Loan, Public
General News

IMANI Flags Transparency Gaps in $360 Million World Bank Loan

by Silas Kafui AssemJuly 12, 2025
Ewurabena Aubynn
General News

NDC’s Ewurabena Aubynn Secures Historic Victory in Ablekuma North Rerun

by Evans Junior OwuJuly 11, 2025
Minority Decries Violence, Police Inaction in Ablekuma North Rerun, Polling, Violence
General News

Minority Decries Violence, Police Inaction in Ablekuma North Rerun

by Silas Kafui AssemJuly 11, 2025
BoG’s Ban on 10 Money Transfer Organisations Sparks Transparency Debate
Banking

BoG Stress Test Uncovers Banks’ Credit Vulnerability Amid Strong Liquidity Defences

by Stephen M.CJuly 11, 2025
AU Urges Human Dignity In Corruption Fight
Africa

AU Urges Human Dignity In Corruption Fight

by Lawrence AnkutseJuly 11, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Nearly 800 Killed While Trying To Receive Food Aid In Gaza

by Comfort AmpomaaJuly 11, 2025
IMANI Flags Transparency Gaps in $360 Million World Bank Loan, Loan, Public
Ewurabena Aubynn
Minority Decries Violence, Police Inaction in Ablekuma North Rerun, Polling, Violence
BoG’s Ban on 10 Money Transfer Organisations Sparks Transparency Debate
AU Urges Human Dignity In Corruption Fight
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
[/vc_row_inner]

Recent News

  • IMANI Flags Transparency Gaps in $360 Million World Bank Loan
  • NDC’s Ewurabena Aubynn Secures Historic Victory in Ablekuma North Rerun
  • Minority Decries Violence, Police Inaction in Ablekuma North Rerun
  • BoG Stress Test Uncovers Banks’ Credit Vulnerability Amid Strong Liquidity Defences
  • AU Urges Human Dignity In Corruption Fight
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.