U.S. House Speaker Nancy Pelosi said Congress is “no” on its way to a circular moment of coronavirus stimulus controls.
In recent months, the government has stalled to succeed in an agreement on how to redirect cash to the economy, according to Reuters. Pelosi and Senate minority leader Chuck Schumer continued talks with Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows on Saturday (August 1) about paintings on the location of unusual terrain, the media added.
Pelosi, who opposes a short-term deal, said Friday that he “rejected an offer from Republican President Donald Trump’s administration to continue with the $600 bills for one more week,” Reuters said. She said the resolution to do so would be justified “if you’re on the right track” toward an agreement, adding that “we’re not.”
Reuters reported white house officials say Democrats are rejecting Trump’s proposals to “extend unemployment and a moratorium on home evictions that expired last week.”
“What we’re seeing is the same Democrat policy on Capitol Hill,” Meadows said, according to the media.
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Reuters reported that the package promptly criticized “both Democrats, who called it too small, and members of their own party, who called it too expensive.”
President Donald Trump supports the bill, according to the media.
On Thursday night, White House officials met with Democratic Congressional leaders to discuss an extension of federal unemployment to gain benefits of $600 a week, Reuters reported. The provision, which is intended for Americans who have lost their jobs due to COVID-19, expired on July 31.
Reuters reported that the administration had filed the provision for a week, presenting a “person familiar with closed-door negotiations.”
But Pelosi and Schumer rejected the idea, he added the media.
“The White House then proposed the weekly payment of $600 to $400 for the next 4 months. Although it’s a move toward Democrats’ demands, the source said they rejected it as insufficient,” Reuters wrote.
On Saturday, Trump began tweeting about payroll tax cuts: the president has been pushing for him to move for months, Pop Culture reported. He even hinted that “it would be greater than another set of direct invoices through stimulus verification.”
Many Senate Republicans don’t cut payroll taxes, which would reduce investment in systems like Social Security and Medicare, the media continued. Tax cuts were not included in McConnell’s proposed HEALS Act.
“Payroll tax cuts plus dollars!” Trump wrote.
– Donald J. Trump (@realDonaldTrump) August 1, 2020
Many fear that systems that benefit from tax cuts “lack cash in the future, with millions of Americans unemployed by the coronavirus pandemic,” Pop Culture reported.
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