House Republicans blocked Democrats’ attempt to meet President Donald Trump’s demand to pay most Americans $2,000 to help weather the coronavirus pandemic.
Republicans objected to the bill House Majority Leader Steny Hoyer sought to pass by unanimous consent Thursday to replace the $600 payments in the latest pandemic relief legislation with the $2,000 payments.
Ryan Duchene is a partner and managing director in Deloitte Tax's International Tax Quantitative Consulting Services practice with extensive experience providing high value analytical consulting services to many industry sectors, including dozens of Fortune 500 corporations. He has led the development of Deloitte's Integrated International Tax Reform model and Deloitte's OECD Pillar One Model and delivered related modeling services to dozens of clients.
Ryan Bowen is a principal at Deloitte Tax LLP in the International Services Group of the Washington National Tax Office. He joined Deloitte in 2017 following a seven-year career at the IRS Office of Associate Chief Counsel, International. While at the IRS he worked on guidance under Sections 367 and 721(c). He currently leads WNT's Pillar Two efforts and advises clients on general issues in outbound taxation.
John Delaney is the founder and chairman of Forbright Bank. He served three terms in the U.S. Congress where he was a member of the House Financial Services Committee. He has founded and led multiple businesses, including two New York Stock Exchange-listed financial services companies.
“House and Senate Democrats have repeatedly fought for bigger checks for the American people, which House and Senate Republicans have repeatedly rejected — first, during our negotiations when they said that they would not go above $600 and now, with this act of callousness on the Floor,” House Speaker Nancy Pelosi said in a statement Thursday.
Democrats will try again with a roll call vote on a new bill Dec. 28, when the House also plans a vote to override Trump’s veto on the National Defense Authorization Act. Since current government spending runs out that day — and funds for the rest of the fiscal year are included in the virus relief bill Trump criticized and hasn’t signed -- the House could also pass another stopgap measure to avert a partial government shutdown.
Republicans on Thursday tried to seek unanimous consent on a measure to examine taxpayer money spent on foreign aid, but Democrats blocked that move. In his complaint Tuesday about Congress’s combined virus aid and government spending bill, Trump criticized federal resources spent on international programs, even though that spending was allocated as part of the bipartisan appropriations process.