Trump called the economic stimulus package ‘shameful’ and threatens veto



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Trump called the package “embarrassing” because he says it contains very small sums to support American individuals and restaurants struggling to survive, while having unnecessary spending – too much support for foreign countries, for example. Like he said, he wasn’t expecting that at all. However, his finance minister, Steven Mnuchin, watched the debate in Congress.

In the debate, Democrats called for the adoption of a broader package that would have provided the opportunity to help member states and local governments, while Republicans wanted a narrower package that would have provided companies with liability protection. debts caused by the epidemic. The parties could agree to omit these two items from the package. Among the key elements is that people who consider themselves needy receive a one-time allowance of $ 600, and those who are unemployed receive a raise of $ 300 per week for 11 weeks.

According to Trump, instead of 600, $ 2,000 should be given to people in need and $ 4,000 to couples.

“Come up with an acceptable stimulus package, otherwise only the next government can pass it, but it could be me!” called Congress. With this, he indicated that he believed there had been massive fraud in the presidential election and that he should have won, not his Democratic rival, Joe Biden.

Both the House of Representatives and the Senate adopted the package by a majority of more than two-thirds, which means that they can vastly overestimate a presidential veto with similar proportions unless the Republicans prevent it. The package can, in principle, be modified by Congress, but it can take a long time to renegotiate thousands of items. If they are not changed, the president will sign, veto, or do nothing, and then it will automatically become law.

Cover image source: Al Drago / Getty Images



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