Senate Majority Leader Mitch McConnell on Wednesday closed off chances that the Senate would pass anytime soon a House bill that would give most Americans $2,000 stimulus payments.
The Kentucky Republican said the House legislation, approved in a bipartisan vote Monday, “has no realistic path” to quick passage in the Senate and that it falls short of the demands of President Donald Trump. He again blocked an attempt by Democratic leader Chuck Schumer to adopt the House bill to increase the payments to $2,000 from the $600 by unanimous consent.
Andrew Coen is a Northeast Regional Reporter for The Bond Buyer. His major coverage has included New Jersey’s pension funding challenges, Atlantic City’s credit crisis and ambitious capital projects being undertaken by the Port Authority of New York and New Jersey. He also hosts Bond Buyer podcasts and videos.Previously, Coen was an associate digital editor in SourceMedia’s Investment Advisory Group comprised of Financial Planning, On Wall Street, Bank Investment Consultant and Money Management Executive. He was also reporter for Municipal Finance Today.Prior to arriving at SourceMedia in July 2013, Coen worked at AOL as an editor covering local news for Wantagh-Seaford Patch on Long Island. He also had reporting stints with Crain’s InvestmentNews, Institutional Investor News and Herald Community Newspapers.A Rhode Island native, Coen graduated from Hofstra University on Long Island in 2002 with a B.A. in Print Journalism and minor in History. He was also active in the university’s award-winning radio station, WRHU.
Usama Shamma is a senior program manager / chief data architect for Ejada Systems Co. Ltd. with over 18 years of experience spearheaded the success of multimillion-dollar projects for major clients spanning multiple industries mainly banking and telecom industries. He is a North America and EMEA 2014 & 2015 PMI global congress subject matter expert, and a public technical speaker at international events. He holds a Bachelor degree in computer science. He holds many professional certificates and has been published in a number of publications. Contact him at usama.shamma@gmail.com.
Gary Tyreman brings more than 20 years of executive leadership to his role as the president and chief executive officer at Univa Corporation. As CEO, he leads all of Univa's global operations and is the architect of Univa's data center automation strategy, which combines the deep expertise of Grid Engine with Univa's solutions for optimizing and managing IT workloads including containers. Gary has established Univa as a recognized software provider to hundreds of Fortune 1000 companies in multiple industries. Prior to taking this role, Gary was SVP of products and alliances at Univa.
The Senate instead will work on combining the stimulus payments with measures on election integrity and rolling back social media liability protections, he said. That responds to all three issues Trump has said he wants, but a bill combining them likely will alienate enough senators in both parties to leave prospects for bigger stimulus payments dead in the Senate.

“The Senate is not going to be bullied into rushing out more borrowed money into the hands of the Democrats’ rich friends who don’t need the help,” McConnell said. The House bill would raise the income cutoff to receive a payment.
The clash over the payments also is entangling another piece of year-end business in the Senate — a vote to override Trump’s veto of a crucial $740.5 billion defense policy bill. Senators Bernie Sanders and Ed Markey said they will continue to delay the defense legislation vote unless McConnell relents and allows a vote on a standalone bill on the bigger stimulus checks.
“We are saying to Mitch McConnell, to allow the United States Senate to do what it’s supposed to do, and that is the vote,” Sanders told reporters. “The House passed the bill, it’s over here right now. Do you want to vote against it? Then vote against it.”
Pennsylvania Republican Senator Pat Toomey later blocked an attempt by Sanders to call up the House bill for a roll call vote.
