Hi everyone, this is Dr. Nitin Chhoda and in
this video i'm about to give you the
latest status of the stimulus negotiations. What
both sides have been saying?
Well today Chuck Schumer ripped into the
republicans. I'm going to tell you
exactly what he said and i'll give you a
response from senate majority leader Mitch
McConnell about the current state
of stimulus negotiations. Let's jump
right in. This is what
Chuck Schumer said, he said
President Trump led by White House chief
of staff Mark Meadows has embraced a
hard-line view that the federal government should be
doing less, not more, during this time
of national crisis. This is what Schumer
wrote in a letter. Based on the
self-described lack of urgency
the continued division of their caucus
and this most recent
inadequate proposal. He's talking about
the new skinny bill or the new targeted
bill that they are working on
as we speak in that the senate is
supposed to vote on next week.
Chuck Schumer wrote it is clear
republicans are trying to check the box
and give the appearance of action rather
than actually meet the truly profound
needs of the American people. As you know
the democrats passed
the Heroes Act back in May and uh it was
dead on arrival in the senate. In fact
majority leader Mitch McConnell used the
words dead on arrival
in the senate. And uh so this is where
you know that's what's going on.
Now Schumer concluded
saying that uh it was important for
his caucus meaning the democrats to stay
united, as they did during the during the
stimulus negotiations. And he said it was
our united against a partisan
it was our unity excuse me against a
partisan republican first draft
that allowed for significant
improvements to be made. Improvements
that have benefited millions upon
millions of Americans
and helped our economy. We should strive
for and hope we can achieve another
comprehensive bipartisan bill that meets
the moment
facing our nation.
These are words from Chuck
Schumer. Now keep in mind that the senate
is scheduled to return from its summer
recess next week but at this moment in
time there's no clear path towards a consensus as far
as the stimulus is concerned. And
as you know talks between the White
House and the democrats have actually
broken down
at this moment in time. So Chuck Schumer
actually wrote this letter today
and he said "senate majority
leader Mitch McConnell is
planning another round of partisan games.
And he said that republicans are moving
further in the wrong direction." And he said
republicans make all their proposals skinny
but it would be more appropriate to call
it emaciated.
Wow okay. So he said with no money for
rental assistance, no money for
nutrition assistance and no money for
state and local services
the census or safe elections leader
McConnell and senate republicans would
be making another unacceptable and ineffective
attempt at providing relief.
So this is again you know as you can
see that the two sides are not getting
any closer together. Now just to get my
viewers and subscribers caught up.
The new senate republican proposal which
is expected to be voted on next week
at this moment in time the reporting
suggests that it's going to include $300
in boosted federal unemployment payments.
Now keep in mind these would be federal.
So these would flow through the existing
system just like the $600
float. So there wouldn't be all the hold
ups
all the delays um all the all the
complications like the hundred dollar
minimum threshold with the 300
lost wages assistance program so even
though it's the same amount of money
it would flow through much more
seamlessly and it wouldn't run out
because this would be
you know this would be appropriated by
congress but like i mentioned earlier
a bill needs to be debated and voted on
by both chambers so just because the
senate republicans pass something
doesn't mean that it's going to become
law because the house which is
which has a democratic majority needs to
debate it and vote on it and
i don't see that happening with any
version of the skinny bill or a targeted
bill so the skinny
bill or the targeted bill i refer to it
as a weight watchers bill in other
videos doesn't really matter you can
call it a keto bill it doesn't really
matter
but the democrats are not going to vote
on it so essentially it's a public
relations exercise
more than anything and uh so you know in
a sense talking about the skinny bill or
the targeted bill
in a sense talking about it what it
includes what it doesn't include
is a waste of time because it's not
going to go anywhere it's just a
symbolic exercise
for the you know for one side to say hey
i did this
but i didn't get support from the other
side and in return the democrats will
say well look what i did back in may
and you know you guys didn't didn't take
any action on it so that's what's going
on right now
and just keep in mind the senate
republicans have been somewhat divided
on a relief plan
but more recently a lot of gop leaders a
lot of republicans are starting to feel
confident that their bill will indeed
gather
51 votes from the 53 seat from the 53
seat caucus
and they are trying to increase pressure
on democrats to try and cave
and some republicans have have suggested
that the measures could
be attached to a continuing resolution
to fund the government
uh past september 30th because the
funding deadline
is uh is approaching both schumer and
house speaker nancy pelosi have rejected
a piecemeal approach
and any you know and any legislation
uh any legislation that's going to go
anywhere needs 60 votes including
backing from democrats to advance
in the senate and that is a highly
unlikely outcome at this moment in time
uh you know the there are a lot of
sticking points the price tag is a
sticking point the eight to state and
local the sticking point doing something
comprehensive
versus piecemeal is a sticking point so
the two sides are very far apart in fact
uh schumer in his letter also said that
he that the white house refused to make
any significant compromise so that's
where things stand right now now
just to be clear this is what senate
majority leader mitch mcconnell said
yesterday he said
uh i do think we need to reach agreement
but the cooperative shift
the cooperative spirit we had in march
and
april has dissipated this is what senate
majority leader mitch mcconnell
said yesterday and um basically the
schumer uh said that he uh was talking
to his
colleagues uh to and and to try and get
consensus from both sides for i quote
another comprehensive
bipartisan uh relief bill that's where
things stand right now it's a very rocky
road right now the ride is
probably going to be continue to get
bumpy at the time i'm recording this the
the stock market has seen some wild
fluctuations which is no surprise
because uh you know the the road is
going to get a little bumpy
now um former speaker former speaker
john bainer former speaker of the house
has actually said
congress and i'm paraphrasing him he has
actually said that congress is a place
where things happen very slowly
until they happen very quickly these are
words from former speaker john boehner
and
again at this point in time there is a
gridlock but i wouldn't be surprised
if things fall into place very quickly
is it
likely no is it possible
anything's possible in the environment
that we live in i would advise you
i know that a lot of my viewers
subscribers are stressed out
are worried uh aggravated with the
government
uh and my advice to you would be try and
stay as calm as you can try not to
sway too much one way or another because
it's not good for your it's not good for
your
physical health it's not good for your
mental health try and look at the facts
objectively and make the best decisions
you can
i have a lot of faith in my viewers and
subscribers i will always teach you
how to fish and i think that you using
your own judgment to come to your own
conclusion is the best thing you can do
for yourself
thank you so much for watching everybody
my name is dr nitin shoda with ignition
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