White House Chief of Staff Mark Meadows: “I don’t know that there is another plan, other than no deal.” In this video, Dr. Chhoda explores:
1. Total negotiation standstill
2. Need for urgency from the federal reserve chairman
3. Resistance within the republican party
4. President and senate majority leader want a deal
5. Alternative unemployment insurance proposal from Mitt Romney
BREAKDOWN OF SENATE GOP $1.2 TRILLION “HEALS” ACT
1. $300 BILLION: Stimulus checks 2.0
2. $300 BILLION: Tax breaks/retention credit
3. $158 BILLION: PPP 2.0, help for industries
4. $111 BILLION: Health spending
5. $110 BILLION: Unemployment benefits
6. $105 BILLION: Education spending
BREAKDOWN OF HOUSE DEMOCRATS $3 TRILLION “HEROES” ACT
1. $1 TRILLION: STATE STATE/LOCAL/TRIBAL AID
2. $435 BILLION: EXTEND UI IN FULL
3. $430 BILLION: CHECKS 2.0
4. $380 BILLION: HEALTH AID
5. $300 BILLION: BUSINESS AID
6. $300 BILLION: TAX BENEFITS
7. $200 BILLION: HAZARD PAY
8. $200 BILLION: RENTAL/HOUSING AID
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