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.
The Institute of Management Accountants has launched a new promotional campaign to highlight the role of Certified Management Accountants in real-world situations.
The pandemic has upended many business tasks, creating a rush among processors to expand the digital experience without complicating it.
Dennis Beresford was chairman of the Financial Accounting Standards Board from 1987-1997 and was previously national director of accounting standards at Ernst & Young. He is currently an executive in residence at the J.M. Tull School of Accounting at the University of Georgia. In 2004 he was elected to the Accounting Hall of Fame and received the AICPA Gold Medal for distinguished service. In 2006 he was selected as one of the inaugural inductees of the Financial Executives International Hall of Fame.
“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.