hours after Federal Reserve Chair Jerome Powell urged Congress to pass a robust package, saying that providing too little relief would weaken the recovery from the coronavirus recession.
“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,” Trump tweeted. “I think it was pretty unrealistic to expect a compromise prior to the election,” Zaccarelli says. He believes both Democrats and Republicans are more likely to become entrenched in their positions to appeal to their base voters.
The Democratic-controlled House recently passed a $2.2 trillion measure while Republicans have said they favor a roughly $1 trillion package, though. The two sides are deadlocked over the amount of bonus unemployment benefits and the size of aid to state and local governments. Meanwhile, he said, there’s little downside to passing a relief package that some may view as excessive.
I think Trump knows he’s going to lose so he wants to destroy everything in his way out!
Chuck and Nancy only want to give their Pork Bill
Blame it on Nancy.Period
He is manipulating the markets.
This is on purpose . A stingy stimulus caused long recovery under Obama . They are tanking it on purpose . Dems clean up and republics destroy it . Trumps economy was never that good because it was uneven and inequality grew. Nothing to show for the last 4 yrs
Stocks will rebound, and the Dems have themselves to blame for stimulus problem. It was on the table and they walked away.
Oh, the nanotraders will make it all back in the morning.
TrumpCrashesTheMarkets
Governing by tweet on roids. What could go wrong?
Democrats hold the purse! Why won’t they go down from their trillions proposal n focus on necessary like direct payment, unemployment, schools, hospitals n election! This won’t add up to trillions! They think they look good? unemployment rate is better, they should compromise!
TrumpsterFire
Another incredibly stupid move by Trump. Once the Democrats assume control of the Executive branch and have a majority in the Senate, relief bills, and several other types of bills, solely designed to help the American public, will flow out of the White House like a river.
Trump has reversed his stand on stimulus. After the stock market fell, he tweeted that he would sign a bill giving $1,200 to every person.
As expected, this Corona virus aid bill is so important and it’s really shameful and sad on how our Congress behaved, Both can come to a middle price and release it but it’s just blame game and a lot of political games BS!
TrumpCrash
Joe and Kamala are bringing hope to USA! Vote! Due to the late slow disastrous approach to pandemia by Trump, USA is a huge graveyard with more than 210000 coronavirus patient’s deaths. Trump destroyed the economy and cannot respond to racial crisis properly! Vote !
I dont even think its Maga ppl anymore. I think ppl with any sense at this point, would be able to see Joe has had a long time in office and didn't do much. How can a person with 3.5 yrs in the office be that threatening? I feel more threatened by the ppl thats been there for 30+
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