Trump Vows to Fund USPS If Dems Stop Holding Up Stimulus Checks

Cornelia Mascio
Agosto 16, 2020

President Trump on Friday mentioned he would signal a coronavirus aid invoice with state and native aid - and that he needs stimulus checks shortly distributed. Republicans preferred a $1 trillion package with a business liability waiver that Democrats oppose.

After a week that the leaders of the Democratic and the Republican parties spent blaming each other for a breakdown in talks, politicians were not due to reconvene until next month though the leaders of both parties said they could recall their members with 24 hours notice if a deal emerged.

Trump accused Democrats of holding up more money for small businesses and funding for local police departments, first responders, and educators. "Democrats are holding that up, right?"

The Democratic-controlled House passed a $3 trillion bill in May.

Trump's move came a day after he said he was blocking talks to prevent Democrats from providing more money for the Postal Service or state and local election officials struggling to prepare for November 3 elections during a pandemic. They have yet to be carried out.

That stalemate - affecting millions of jobless Americans whose $600-a-week enhanced unemployment benefits have run dry.

The unemployment payments had helped buttress consumer spending, according to Federal Reserve officials and economists.

Trump tried to act alone on Saturday with a memorandum proposing an additional $US300 per week in unemployment, though economists questioned the effectiveness of the limited measure.

US share prices fell earlier this week after Republican Senate Majority Leader Mitch McConnell and House Speaker Pelosi disclosed there were no coronavirus talks scheduled.

Democrats chose to ignore an attempt at a $2 trillion compromise, though the details of the deal were vague.

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