US Politics

Negotiations Remain Stalled After Trumps Moves on COVID-19 Relief

As talks on a COVID-19 relief deal remain stalled as of Monday, Senate Minority Leader Chuck Schumer (D-N.Y.) called on the White House and top Republicans to come to an agreement.

“Democrats remain ready to return to the table,” Schumer said, adding that Democrats in Congress “need Republicans to meet us halfway,” he said on the floor of the Senate. “Were ready.”

“The overwhelming majority of Americans” would rather work than collect unemployment benefits, Schumer said on the Senate floor on Monday afternoon, again calling for passage of expanded unemployment insurance. The reason that people need more unemployment benefits is that the joblessness rate is over 11 percent.

President Donald Trump over the weekend authorized several executive orders to suspend payroll taxes that fund Medicare and Social Security, authorize the suspension of evictions, provide federal unemployment benefits of $400 per week, and defer student loan payments until the end of the year.

But Schumer said Trumps executive orders are unrealistic, lack scope, and will take too long to implement. Previously, Democrats asserted that Trump lacks congressional spending authority with the orders.

They dont address testing, treatment, and tracing during the COVID-19 pandemic and provide funding for schools, he said. Meanwhile, the orders dont provide funding for city and state governments, for which Democrats have sought $1 trillion.

Epoch Times Photo
House Speaker Nancy Pelosi (D-Calif.), with Senate Minority Leader Chuck Schumer (D-N.Y.), speaks to reporters following a meeting at the Capitol with White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin on a COVID-19 relief bill, in Washington on Aug. 1, 2020. (Manuel Balce Ceneta/AP Photo)

Treasury Secretary Steven Mnuchin earlier in the day accused Schumer and House Speaker Nancy Pelosi (D-Calif.) of making unreasonable demands.

“If we can get a fair deal, well do it this week,” Mnuchin said in an interview. “If [Democrats] are going to be unreasonable, were not going to get a deal done.”

“Were prepared to put more money on the table,” Mnuchin said. “There are things, as I said, that make sense to compromise—weve compromised. So were not stuck at the trillion dollars, but were not going to go to unlimited amounts of money to get things that dont make sense.”

Epoch Times Photo
President Donald Trump speaks during a news conference in the James Brady Briefing Room Read More From Source [contf] [contfnew]

The Epoch Times

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