• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
Trump Urges Big COVID-19 Stimulus, McConnell Disagrees as Talks Continue

Trump Urges Big COVID-19 Stimulus, McConnell Disagrees as Talks Continue

October 16, 2020
Air Force Loses Appetite For Shiny Fighter Jet With Huge Price Tag

Air Force Loses Appetite For Shiny Fighter Jet With Huge Price Tag

June 11, 2025
State Department Authorizes Middle East Evacuations As Iran Speculation Swirls

State Department Authorizes Middle East Evacuations As Iran Speculation Swirls

June 11, 2025
Maxine Waters Blames Trump For LA Violence She Previously Claimed Wasn’t Even Happening

Maxine Waters Blames Trump For LA Violence She Previously Claimed Wasn’t Even Happening

June 11, 2025
FBI Admits What Its Fmr Director Wouldn’t Say About Biden’s Afghanistan Withdrawal

FBI Admits What Its Fmr Director Wouldn’t Say About Biden’s Afghanistan Withdrawal

June 11, 2025
EXCLUSIVE: ‘Right Thing To Do’: Thune Goes To Mat For Medicaid Reforms In ‘Big, Beautiful’ Bill

EXCLUSIVE: ‘Right Thing To Do’: Thune Goes To Mat For Medicaid Reforms In ‘Big, Beautiful’ Bill

June 11, 2025
Beach Boys’ Brian Wilson Dies at 82

Beach Boys’ Brian Wilson Dies at 82

June 11, 2025
REP MICHAEL CLOUD: It’s Time To Get Serious About Ending Washington’s Wasteful Spending

REP MICHAEL CLOUD: It’s Time To Get Serious About Ending Washington’s Wasteful Spending

June 11, 2025
EXCLUSIVE: Conservative Groups Urge Senate To Finally Confirm Trump’s IRS Chief, Root Out Obama-Era Deep Staters

EXCLUSIVE: Conservative Groups Urge Senate To Finally Confirm Trump’s IRS Chief, Root Out Obama-Era Deep Staters

June 11, 2025
Trump Admin Moves To Blow Up Biden’s Assault On America’s Power Grid

Trump Admin Moves To Blow Up Biden’s Assault On America’s Power Grid

June 11, 2025
‘What A Stupid Question’: Karoline Leavitt Clashes With Reporter As She Attempts To Trip Her Up Over Riots

‘What A Stupid Question’: Karoline Leavitt Clashes With Reporter As She Attempts To Trip Her Up Over Riots

June 11, 2025
Take A Look At The Newest List Of Illegals ICE Nabbed In Riot-Plagued Los Angeles

Take A Look At The Newest List Of Illegals ICE Nabbed In Riot-Plagued Los Angeles

June 11, 2025
Justice Department Paves Way To Rein In Federal Land Grabs

Justice Department Paves Way To Rein In Federal Land Grabs

June 11, 2025
  • Donald Trump
  • State of the Union
  • Elon Musk
  • Tariffs
  • Congress
  • Faith
  • Immigration
Wednesday, June 11, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home News

Trump Urges Big COVID-19 Stimulus, McConnell Disagrees as Talks Continue

by Reuters
October 16, 2020 at 7:31 am
in News
247 5
0
Trump Urges Big COVID-19 Stimulus, McConnell Disagrees as Talks Continue

FILE PHOTO: U.S. President Donald Trump holds a campaign rally at Des Moines International Airport in Des Moines, Iowa, U.S., October 14, 2020. REUTERS/Carlos Barria

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

President Donald Trump on Thursday said he is willing to raise his offer of $1.8 trillion for a COVID-19 relief deal with Democrats in the U.S. Congress, but the idea was shot down by his fellow Republican, Senate Majority Leader Mitch McConnell.

The White House proposed the $1.8 trillion in stimulus last week in negotiations with House of Representatives Speaker Nancy Pelosi. Pelosi, the top Democrat in Congress, rejected the offer and has stuck to her demand for a $2.2 trillion deal. The talks appear unlikely to produce an agreement before the Nov. 3 election.

Trump, who is running against Democratic challenger Joe Biden, told Fox Business Network he has directed Treasury Secretary Steven Mnuchin to put forward a bigger stimulus offer, with additional money to help U.S. workers. Pelosi and Mnuchin were expected to speak again on Thursday.

“We like stimulus, we want stimulus and we think we should have stimulus,” Trump said.

The president ruled out accepting Pelosi’s proposal outright “because she’s asking for all sorts of goodies.”

McConnell, the top Republican in Congress, noted that a higher amount was under discussion. But he said nearly all Senate Republicans favor a much smaller $500 billion aid bill in response to the pandemic that has killed nearly 217,000 Americans and damaged the economy.

“My members think what we laid out – a half a trillion dollars, highly targeted – is the best way to go. So that’s what I’m going to put on the floor,” McConnell said during an appearance in Henderson, Kentucky.

The Senate bill, expected to come to a vote next week, has money for small businesses, aid to schools, liability protection for businesses, unemployment benefits and assistance to hospitals. Democrats have already rejected a similar measure.

Later Thursday, U.S. Treasury Secretary Steven Mnuchin, who has been negotiating a larger relief deal with Democrats, told Pelosi that Trump would “weigh in” with McConnell if agreement on a comprehensive package is reached, Pelosi’s spokesman said in a series of posts on Twitter.

Pelosi and Mnuchin spoke for an hour and 22 minutes and their staff “will be exchanging language on several areas,” Drew Hammill, Pelosi’s spokesman, added. He said Mnuchin stated he would accept Democrats’ language for a national coronavirus testing plan with “minor” edits.

Many economists as well as Federal Reserve officials have pushed for another stimulus to blunt the economic pain of the coronavirus pandemic, which has put millions of Americans out of work.

U.S. stocks have slumped in the past couple of days on signs the talks had reached an impasse.

Many Republicans, especially in the Senate, already view the White House’s current $1.8 trillion offer as too big. Republicans voiced those concerns in a weekend call with administration officials.

At a news conference Thursday, House Republican Leader Kevin McCarthy sidestepped questions about whether he would support a $1.8 trillion package, or go even bigger.

McCarthy said he does not expect agreement on a fresh coronavirus relief package before Election Day as long as Pelosi is involved in negotiations.

(Reporting by Lisa Lambert, Doina Chiacu, Andrea Shalala, Alexandra Alper, Tim Ahmann and Susan Cornwell; Writing by David Morgan; Editing by Paul Simao and David Gregorio)

Tags: CongressCoronavirus OutbreakDonald TrumpEconomyMitch McConnell
Share196Tweet123
Reuters

Reuters

Reuters is an international news organization.

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th