Negotiations Remain Stalled After Trump’s Moves on COVID-19 Relief

Negotiations Remain Stalled After Trump’s Moves on COVID-19 Relief
Senate Minority Leader Chuck Schumer (D-N.Y.) heads to a meeting on the CCP virus relief bill at the U.S. Capitol in Washington on Aug. 4, 2020. (Mandel Ngan/AFP via Getty Images)
Jack Phillips
8/10/2020
Updated:
8/10/2020

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. “We’re 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 Trump’s 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 don’t address testing, treatment, and tracing during the COVID-19 pandemic and provide funding for schools, he said. Meanwhile, the orders don’t provide funding for city and state governments, for which Democrats have sought $1 trillion.

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)
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, we’ll do it this week,” Mnuchin said in an interview. “If [Democrats] are going to be unreasonable, we’re not going to get a deal done.”

“We’re prepared to put more money on the table,” Mnuchin said. “There are things, as I said, that make sense to compromise—we’ve compromised. So we’re not stuck at the trillion dollars, but we’re not going to go to unlimited amounts of money to get things that don’t make sense.”

President Donald Trump speaks during a news conference in the James Brady Briefing Room of the White House in Washington on July 30, 2020. (Alex Wong/Getty Images)
President Donald Trump speaks during a news conference in the James Brady Briefing Room of the White House in Washington on July 30, 2020. (Alex Wong/Getty Images)

Like Mnuchin, Trump said that he is prepared to “meet to make a deal” with Schumer and Pelosi.

“Amazing how it all works, isn’t it. Where have they been for the last 4 weeks when they were ‘hardliners’, and only wanted BAILOUT MONEY for Democrat run states and cities that are failing badly? They know my phone number!” he said in a statement on Twitter.

Mnuchin, meanwhile, described the Democrats’ $1 trillion for state and local governments as “an absurd number” and “not a reasonable approach.”

In March, Congress passed the $2.2 trillion CARES Act in an attempt to offset economic damage wrought by the CCP (Chinese Communist Party) virus, a novel coronavirus, and business shutdowns.
Jack Phillips is a breaking news reporter with 15 years experience who started as a local New York City reporter. Having joined The Epoch Times' news team in 2009, Jack was born and raised near Modesto in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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