Trump challenges Congress to approve a “large and focused” economic rescue – Jornal Economico



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The outgoing president of the United States, Donald Trump, today urged Congress to approve a new stimulus package for the “large and focused” economy, to contain the crisis caused by the covid-19 pandemic.

“Congress should now draft a covid relief bill. He needs the support of the Democrats. Make it big and focused. Do it, ”says a post on Donald Trump’s official Twitter account.

The EFE agency highlights that these are the first words of Trump in relation to the talks for the approval of a new stimulus package, since a week ago the projections of the main North American media gave the winner of the presidential elections of 03 November Democratic Joe Biden.

Donald Trump has not yet recognized defeat and denounced, without proof, that there was fraud.

Before the elections, the now outgoing president has repeatedly asked to reach an agreement with the Democrats in Congress to define a new economic rescue plan, after having approved the largest in the history of the United States last month of March. worth $ 2.2 billion.

The negotiations had dragged on for months, but were halted before the presidential elections and have yet to resume.

According to local media, if they resume, it will be the leader of the Republican majority in the Senate, Mitch McConnell, who also did not recognize the victory of Joe Biden, leading the negotiations, putting the White House in the background.

Republicans advocate passing a limited bailout, similar to the $ 500 billion stimulus plan put forward by conservatives and blocked in September and October by Democrats in the Senate.

The Republicans’ proposal includes financing for small businesses and public health, but does not include funds for local governments or direct deposits to citizens, such as the bailout approved in March.

Democrats, for their part, advocate a broader aid package that includes new unemployment benefits, a second round of direct payments to citizens, and assistance to state and local governments, among others.

The covid-19 pandemic caused at least 1,305,039 deaths derived from more than 53.4 million cases of infection worldwide, according to a report prepared by the French agency AFP.

The United States is the country with the most deaths (244,346) and also with the most confirmed cases of infection (more than 10.7 million).

Measures to combat COVID-19 have paralyzed entire sectors of the world economy and the International Monetary Fund (IMF) has warned that the pandemic will reverse the gains made since the 1990s in terms of poverty and increase inequality.

The IMF expects the world economy to fall 4.4% in 2020, with a contraction of 4.3% in the United States and 5.3% in Japan, while China is expected to grow 1.9%.



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