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New US bailout plan launches Pelosi to dismiss Trump’s proposal
China News Service, October 11, according to the US Chinese website, On October 10 local time, the Speaker of the US House of Representatives Pelosi and Senate Republicans expressed their opposition to the plan. of President Trump’s $ 1.8 trillion economic stimulus. This may reportedly mean that the US Congress will not pass the financial aid bill before Election Day.
Data Map: Pelosi, Speaker of the US House of Representatives Photo by China News Agency reporter Sha Hanting
On the same day, Pelosi said when speaking about the Trump administration’s economic stimulus plan that the proposal amounts to “one step forward and two steps back,” emphasizing that several major policy issues have yet to be resolved. .
Pelosi reportedly wrote in a letter to Democrats in the House of Representatives: “At present, we still have differences on many priorities. The Democrats are waiting for the administration to comment on various regulations and negotiations on full funding.” Still continues. “
Trump’s $ 1.8 trillion proposal is higher than the $ 1.6 trillion proposed earlier this week, but still well below the $ 2.2 trillion bill passed by the House of Representatives last week. .
Earlier, on October 9, Trump had stated that he would like the scale of the stimulus measures to be larger than those currently imposed by the Democratic Party or its administration, but Republicans in Congress opposed the new aid bill. of more than a trillion dollars. . Today, Republicans in the Senate have come together to support a $ 500 billion aid.
On October 10, during a conference call with White House Chief of Staff Mark Meadows and Treasury Secretary Mnuchin, several Republican senators outright rejected the large-scale economic stimulus plan. According to people familiar with the matter, these senators made it clear to the White House that they hope to develop a specific plan to meet the needs of families, small businesses and schools.
At the same time, Pelosi also rejected Trump’s proposed economic stimulus plan in his letter on the 10th, stating: “When the president talks about wanting a bigger aid package, his proposal seems to mean Therefore, he wants to have more money. at your disposal “, rather than seeking agreement on how to eliminate the virus and relieve workers.
However, Pelosi said that “despite these unresolved issues,” she still “hopes” that events will bring them closer to an agreement on an aid package.
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