- President Donald Trump on Wednesday urged Republicans to send more than $ 1,200 stimulus checks to shore up the economy plagued by coronaviruses.
- “Too many, go for Republicans, it’s all coming back to the USA (one way or another!),” He said.
- There is a second round of direct payments in some areas of the agreement between Republicans, Democrats and Trump.
- But that move was dropped in the GOP’s recent slimmed-down coronavirus relief proposal, which was blocked by Democrats.
- Negotiations between Democrats and Republicans on a second stimulus package have stalled for a month.
- Visit Business Insider’s homepage for more stories.
President Donald Trump on Wednesday urged Republicans to support a major stimulus investigation to move the epidemic-stricken economy forward.
“More numbers, go for Republicans, it’s all coming back to the USA (one way or another!),” He said in a tweet.
Donald J. Trump (@RealDonaldTrump) September 16, 2020
He also accused Democrats of being “heartbroken” and unwilling to provide another direct payment to the people, despite the GOP’s recent coronavirus relief proposal.
A senior administration official told Business Insider that the president refers to direct payments. On Wednesday, White House Press Secretary Kyle McKinney said Trump is eager to include a stimulus check in the next relief package, as the president believes the overall plan should be bigger than Republicans demand.
read more: Morgan Stanley said the stock market’s future is ‘unusually dependent’ on another stimulus package – and recommends 5 portfolio moves if Congress passes the second round.
In March, Congress approved a stimulus check for બાળક 1,500 per child under the age of 1 plus an additional $ 500. By the Care Act. In some areas of the Republican, Democrat, and Trump agreements, the next coronavirus support additional direct payments in the relief package.
Republicans are unlikely to support large payments, as a number of G.O.P. Senators oppose new spending that raises the federal deficit.
The GOPA initially included a provision for additional scrutiny in their spending package in late July. But that was not the case with his skinny proposal. That includes 300 weekly federal unemployment benefits – half of what the Democrats want – as well as about billion 300 billion in new spending on small business aid and new education funding.
Democrats blocked it, arguing that the plan was “proud” and that it excluded many measures, such as federal aid and rental aid, to the states.
Trump’s remarks come as Republicans and Democrats are embroiled in controversy over the passage of another economic aid package. Nearly 30 million Americans are still on unemployment benefits and many economists are warning of “K-shaped” recovery where the richest people at the top are ahead and the average people are behind.
Lawmakers are being pressured to put pressure on lawmakers before they return to their districts early next month for the October exemption. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said in a statement that they were “encouraged” by Trump’s tweet because both parties were at a standstill.
“We are awaiting the hearing of the President’s negotiators that they will finally meet us with a bill that is tantamount to a huge health and economic crisis gripping our country.”
In a last-ditch effort to resume stalled talks between Democrats and the White House in the House, a group of House0 legislators on Tuesday unveiled a રાહ 1.5 trillion bilateral relief plan. However, the group chairing the Democratic committee criticized its imperfections.
Democratic rip. Alexandria Ocasio-Cortez recently told Politico that Democrats should push for a wider stimulus deal from Republicans – including direct payments, state aid and public health funding.
