Will Biden’s Stimulus Get Republican Votes?

Mandatory Credit: Photo by Shutterstock (11734256m)United States Senator Susan Collins (Republican of Maine) talks with reporters as she walks through the Senate subway following a Senate procedural vote to advance the nomination of Alejandro Mayorkas as secretary of homeland security, at the U.
Shutterstock / Shutterstock

Bipartisanship should be an American ideal, and yet, it often devolves. In 2009, President Barack Obama tried to craft healthcare reform to be a bipartisan bill. He found that Republican senators had many good ideas but, for purely political reasons, would not vote for any healthcare bill he proposed.

See: 150 CEOs, Including from Goldman, BlackRock, Hearst and Blackstone, Ask Congress for Rapid Approval of $1.9 Trillion Stimulus
Find: House to Pass Biden’s $1.9 Trillion Stimulus Package This Week

President Joe Biden has decades of forging bipartisan deals in the Senate — and decades of voting along purely partisan lines, as the situation called for. He has stated bipartisan intentions for his proposed $1.9 trillion stimulus package proposal, but he has also been unwilling to change it. His approach seems to be that senators from both parties should support it as written because it is a good bill. If not, he will figure out a way to do it without them.

Make Your Money Work for You
Sponsors of

That’s what is most likely to happen. Sen. Susan Collins (R-Maine) told The Hill that the bill is unlikely to receive a single Republican vote. She is part of a group that made a $618 billion counterproposal, with smaller stimulus checks and no support for state, local or tribal governments.

See: What a Mostly Democratic Congress Means for Your Bank Account
Find: Are You Eligible for a Third Stimulus Check – and If So, When Will You Get Yours?

Sen. Chuck Schumer (D-N.Y.), the Senate Majority Leader, supports the $1.9 trillion stimulus. His plan is to pass the package through the reconciliation process with a majority vote; if everyone votes on partisan lines, there will be a 50-50 tie that will broken by Vice President Kamala Harris.

A key sticking point seems to be $50 billion in the budget for unspecified purposes. Even if that is removed, the plan would be nowhere near $618 billion.

More from GOBankingRates

About the Author

Ann Logue is a writer specializing in business and finance. Her most recent book is The Complete Idiot’s Guide: Options Trading (Alpha 2016). She lives in Chicago.

Will Biden’s Stimulus Get Republican Votes?
Close popup livericher_png

We're here to help you Live Richer.

Sign up to receive our daily weekday newsletter with the latest finance and lifestyle content.

Loading...
Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.