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Previously, he had indirectly threatened to veto the legislative package worth some 900,000 million dollars (738.13 million euros), which he described as “shameful”. Trump called for the majority of US citizens to receive a one-time aid payment of $ 2,000 per adult.
The economic stimulus pact only foresees a payment of 600 dollars. Now the White House has said the House of Representatives will vote on a pay increase on Monday.
The Democratic Speaker of the House, Nancy Pelosi, called on Republicans to support increasing the pay in the vote. Every Republican vote against the plans is a vote that denies families much-needed help, he warned.
House Republican Minority Leader Kevin McCarthy wrote on Twitter Monday that Pelosi himself had caused delays for months. Trump, on the other hand, put people first with his signature, not politics. McCarthy did not initially comment on the planned voting behavior of his party colleagues.
Trump’s Republicans in the House of Representatives had on Thursday rejected a measure by the Democrats for checks of $ 2,000. Additionally, Senate approval would also be required. Republicans had been fighting a major stimulus package for months.
Due to the Crown crisis, the United States Congress last approved economic stimulus packages worth about $ 2.7 trillion in the spring. That corresponded to more than 10 percent of annual economic output. More recently, Democrats, who control the House of Representatives, and Republicans, who have a majority in the Senate, argued for months about another package.
The stimulus package also approved part of the federal government budget of about $ 1.4 trillion. With his signing, Trump now prevents the government from running out of money as of Tuesday. Without his signature, government business would have stalled.
When he rejected the legislative package, Trump also declared that he wanted “waste” spending cut from the budget. Now he has announced that he will return the legislative package with exact cuts. “Wasteful spending must be cut,” the statement said.
The leader of the Democratic majority in the House of Representatives, Steny Hoyer, said that with his signature Trump had solved an unnecessary crisis that he himself caused.
Millions of unemployed suffer Trump’s refusal
Trump’s sudden U-turn is likely related not only to mounting pressure within his own ranks, but also to the impending shutdown. Had he stalled, his presidency would have ended in chaos. Republican Trump lost the November 3 presidential election to Democrat Joe Biden. Trump refuses to admit defeat. Biden will be sworn in on January 20.
However, Trump’s delayed signing of the 5,500-page legislative package has consequences. On Saturday, measures for more generous regulation of unemployment benefits expired without replacement. Since Trump only signed the law on Sunday, millions of unemployed will receive little or no support for a week.
The stimulus package foresees an increase in unemployment benefits by $ 300 a week through March. As a result of the crown crisis, about 20.4 million people in the US recently received some form of unemployment benefit, nearly 19 million more than at the same time in 2019.
The economic stimulus package also provides for increased financial assistance for small and medium-sized businesses. Additional money is also planned for schools and for the distribution of vaccines in the country. Trump signed the package on his Christmas vacation in Florida.
The corona pandemic has plunged the United States into a serious crisis, both economically and in terms of the health of the country’s population. More than 19 million people have been infected with the corona virus so far. More than 333,000 people have died in relation to Covid-19. In absolute terms, there are more infections and deaths than any other country in the world.
