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For the outgoing president. the plan is “a disgrace that leaves crumbs to the citizens”
by Marco Valsania
For the outgoing president. the plan is “a disgrace that leaves crumbs to the citizens”
3 ‘reading
Donald Trump upsets the plans for new economic relief launched by the United States Congress against the coronavirus crisis. In a White House video that shocked even his aides, he dismissed the $ 900 billion bipartisan deal as a “disgrace”, offering crumbs to Americans while opening the door to waste. To speed up time, the House and Senate approved the package along with the annual budget, which foresees 1.4 billion for regular government operations, from foreign aid to funds for cultural institutions. Trump has now asked in particular that income support checks be increased to $ 2,000 per person, $ 4,000 for couples, from the expected $ 600.
Trump’s offensive it has made the political game over the economic package complex and confusing. If the impasse continues, the first consequence will be a delay of days or weeks in the launch of any relief despite the fact that the economy shows signs of dangerous weakness: family incomes have fallen by 1.1% and consumer spending 0.4% in November; new applications for weekly unemployment benefits exceed 800 thousand and amount to 1.3 million with extraordinary programs. What Trump has done, in this climate, is to announce the refusal to put his signature on all legislation. To decide the veto, you actually have until next Monday at midnight without risking a government shutdown, which remains open thanks to temporary budget measures. Veto would not be the last word.
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Congress approved the aid with barricade-proof supermajorities of the White House. But before a president’s trip, he should express himself again to overcome it. That is, deputies and senators must meet over the New Year holidays and Republicans must explicitly vote against a very popular president at the party base. On the other hand, it was they who insisted on downward commitments, invoking fiscal prudence. First, the two party senators who were voted into Georgia on January 5 find themselves in an awkward position, decisive for the future balance of the Upper House.
Democrats, apparently, emerge stronger. They took advantage of Trump’s rebellion and clashes in opposing ranks to return to office with a progressive agenda: House Speaker Nancy Pelosi recalled how her party had proposed checks for $ 2,000. Pelosi indicated that she will bring an amendment in favor of more generous aid to the House vote by acclamation on Christmas Eve. However, in general, the parliamentary session on December 24 is a formality and a single objection to the vote by acclamation is enough for it to fail. Democrats themselves are also under pressure to roll out aid quickly, delivering a less troubled country and economy to President-elect Joe Biden on January 20. Biden has already blessed the $ 900 billion deal as a “first step” he intends to pursue recovery and recovery strategies for growth.
Trump’s shock moveOnce again wearing the populist cloak, he was able to take advantage of controversial aspects of the legislation that also allocates funds for families, the unemployed, small businesses, hospitals and vaccines. “Congress has found ample resources for foreign nations, lobbyists and interest groups while sending the bare minimum to the population,” he said. The law “has almost nothing to do with Covid,” he insisted. The project that combined aid and financing is certainly gigantic: it reached 5,593 pages, which no one had time to examine.
