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A revised proposal from the US government for Corona assistance has also received criticism from opposition Democrats and Republicans from US President Donald Trump. The Speaker of the House of Representatives, Nancy Pelosi, criticized the new package for lacking a strategic plan against the epidemic.
Furthermore, the proposal gives Trump too much power to decide on the distribution of funds. Trump had increased the amount of aid in his proposal from $ 1.6 trillion to $ 1.8 trillion. Democrats originally asked for $ 2.2 trillion in aid. There are still many differences, Pelosi wrote to the Democratic deputies on the state of the negotiations.
Still, the speaker of the House of Representatives said that despite these important differences, she hoped that the latest offer “brings us closer to an agreement on a stimulus package” to face the pandemic and the economic crisis. “We hope to make progress soon,” he wrote in a letter to MPs published by his office.
During a conference call with Treasury Secretary Steven Mnuchin and President Mark Meadows, many Republican senators criticized the scope of the aid, said a person familiar with the deliberations. Republicans have a majority in the Senate and Democrats in the House of Representatives. Aids must go through both chambers. Due to the many difficulties, hopes that aid can be decided before the presidential elections on November 3 are dashed. Discussion of an aid package is closely watched on US stock exchanges.
