Economic hardships caused by shutdowns is far from over. Many Americans are still struggling to remain above water when it comes to their jobs, livelihoods, and ability to take care of their children.
As certain states bring a halt to their reopening plans or even go back to lockdowns, economic hardship is still an issue for millions of Americans. For this reason, Republicans in Congress are working on putting together yet another coronavirus stimulus package.
Some Republicans are sounding the alarm about too much spending, though. These disagreements on funding allocations have subsequently led to the delay of legislation altogether, reports Breitbart News.
What to Know About the Upcoming Stimulus Package
The next coronavirus stimulus package is designed to yet again offset some of the financial harm from COVID-19 shutdowns.
While this aid is meant to help businesses, individuals, schools, and others, the GOP still remains at odds about the aspect of more spending. Certain Republicans on Capitol Hill have also already stated that the money simply isn’t available for yet another stimulus package.
The next coronavirus relief bill cannot be a bloated bailout bonanza.
We will not pass Speaker Pelosi’s bill.
Phase 4 must be focused on health + safety, schools, and jobs.
It's time for Democrats to set aside their 1,800-page partisan wishlist and join our efforts. pic.twitter.com/HpjxhUp9Ts
— Senate Republicans (@SenateGOP) July 22, 2020
One area of contention for Republicans is the amount of money doled out to offset unemployment. Certain members of the GOP share concerns that too much financial aid for unemployment will backfire and dissuade Americans from working, rather than tiding them over until they can regain employment.
As a result of these issues, Republicans are waiting until next week to release their official plan for more coronavirus aid.
The Role of Government
As the GOP puts together another stimulus package, the role of government is another factor that has come up.
Some Republicans have made the case that the federal government doesn’t need to put forth another stimulus package; the reality that certain states have already begun to re-engage their economies is a point often noted to make this argument.
Our nation stands at a critical midway point in our fight against the coronavirus. Far too many families are continuing to face serious healthcare and economic challenges. So Congress’ support for our people must continue as well.
— Leader McConnell (@LeaderMcConnell) July 23, 2020
Democrats, on the other hand, are in favor of massive government spending within any stimulus package. Top Democrats have suggested as much as $2,000 for every single American until who knows when. Of course, the GOP and fiscal conservatives especially have pushed back against this.
The role of government continues to cause divides as Americans also debate on whether or not to reopen schools.
What do think about the federal government sending out yet another stimulus package? Is this necessary or an example of too much spending? Let us know your thoughts down below in the comments section.
