By David BrodyDecember 6, 2018The House has voted to pass a $1.1 trillion stimulus package that Republicans have promised to use to pay for a $4 trillion expansion of Medicare, Medicaid and Social Security.
The Senate has not yet passed its version of the package.
The House bill, which passed Wednesday by a vote of 289-212, also contains a proposal to expand the use of a so-called chained CPI measure that the Congressional Budget Office says is a waste of money, and to expand a measure to cover certain states that are hit hard by the storm.
The bill contains $1 trillion in new revenue over the next 10 years, which would be offset by cuts to Medicaid and Medicare.
It would also create a tax credit of up to $1,000 per person to help low-income people buy homes and businesses.
House Minority Leader Nancy Pelosi, D-Calif., has been calling for an end to the sequester and for the extension of tax breaks to pay down the national debt.
The Democrats have proposed $1 billion in tax relief for the middle class, and $1 to $5 billion in cuts to the federal government.GOP Rep. Charlie Dent of Pennsylvania, the ranking member of the House Budget Committee, has been pushing for an immediate stop to the government shutdown and a partial shutdown to begin on October 1.
The GOP would only accept a partial halt to the shutdown if Democrats agreed to extend the debt limit.
Dent has said Republicans have not offered a credible plan to pay back the debt, but Pelosi has said the Republicans are willing to compromise on the debt.
The president’s decision to delay a vote on the House-passed bill came as the White House said Friday that it was looking into whether to seek the return of the debt ceiling.
The debt limit will remain in place for several weeks as lawmakers continue to negotiate on a short-term spending bill that would keep the government open through mid-October.