Fox News is told the Senate lunch meeting is to get Republicans acquainted with the prospective $1 trillion price tag which Senate Majority Leader Mitch McConnell is pitching for the next bill. McConnell is hoping to get buy-in from skeptical Republicans by saying he will write the bill and capping the cost at $1 trillion. Democrats believe they should spend more. Hence the $3 trillion bill that came out of the House.
Fox News is told Republicans are looking at $100 billion of the $1 trillion to go to state and local governments. $70 billion of that will go toward assisting schools re-open in a safe manner. President Trump continues to push his demand for a cut in the payroll tax – levies companies pay on behalf of their employees which fund Social Security and other benefits. Many Republicans are reluctant to approve such a reduction because of how it could add $600 to $1 trillion to the deficit. However, advocates in the administration believe the payroll tax would jolt the economy quickly.
The tricky part is how Republicans get Democrats on board. Fox News is told that any potential boost in a minimum wage is not part of the negotiations.“The 11th hour,” was the reply.Chad Pergram currently serves as a congressional correspondent for FOX News Channel . He joined the network in September 2007 and is based out of Washington, D.C.
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Fox News in the News for ALL the wrong reasons .....AGAIN!!!
kalousekm szolczany
What about taxes on Narcan? Drugs is a choice not a disease so why tax payers foot the tax bill? FEED OUR FUTURE KIDS IN SCHOOL MEALS WITH THAT MONEY, NARCAN A WAIST NOT OUR CHILDREN FUTURE