President Trump just got a huge win over the obstinate Nancy Pelosi and secured over a billion dollars to continue building the southern border wall.
So not only did Pelosi get less than what she asked for initially in the new stimulus, she will have to fund Trump’s border wall too. Ouch.
From The Hill:
Congress will approve $1.375 billion for a wall along the southern border as part of the $1.4 trillion omnibus spending bill for the next fiscal year, according to GOP sources.
Congress is expected to pass the measure on Monday along with a $900 billion COVID-19 relief bill. The White House signaled Sunday evening that President Trump would sign it.
Trump had previously given conflicting signals on whether he’d support the massive package, which congressional leaders in both parties backed on Sunday. The money for the border wall, which matches the funding included last year for Trump’s signature issue, could represent another reason for Trump to sign the bill.
Funding for the wall has been a regular sticking point in annual spending bills, and led to the nation’s longest government shutdown in December 2018.
Budget law requires the government to spend appropriated funds, but it is unclear whether President-elect Joe Biden will seek a way to circumvent the law or whether Congress would take action to enforce the law.
The funding for the wall in this measure would continue after Trump leaves office.
From The Daily Mail:
The administration has been pushing to expand the size of the deduction, which has been in place for decades. Democrats agreed to it and leveraged a boost in tax credits for low-income families, the Washington Post reported.
Small businesses get $325 billion n relief through PPP lending and other programs. The bill renews programs from existing coronavirus packages, such as $284 billion for Paycheck Protection Program loans that were a lifeline to businesses during the economic mayhem brought on by the virus.
Destination marketing organizations and local newspapers, TV and radio broadcasters become eligible for the funds.
This was among the bill’s most significant provisions, which also include $286 billion in relief for workers and families in the form of $300 per week in enhanced unemployment benefits, $600 payments for individuals making up to $75,000 per year, and an increase in the maximum number of weeks of state unemployment to 50 weeks.
It also extends benefits to new industries.
$15 billion is earmarked for movie theaters and cultural institutions, who have been hammered by the outbreak as attendance plummeted or lockdowns imposed closures.
Final bill text was not yet available when leaders scheduled votes on the deal for Monday.