Trump administration's $1.8 trillion stimulus plan: direct payments, unemployment benefits - Business Insider

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The Trump administration makes a $1.8 trillion stimulus offer to Democrats, which includes $400 federal unemployment benefits and $1,200 direct payments

, citing two people familiar with the plan. To keep the price tag down, the plan repurposed nearly $400 billion in unspent relief funds from the spring.$1,200 direct payments to adults plus $1,000 for each dependent childThe latest offer caps a volatile week in stimulus negotiations. Talks between Mnuchin and Pelosi veered in recent days from considering aBut Trump's demands for a larger package collide with the economic disposition of many Republicans.

"I've got a significant percentage of my members who think we've done enough and who are alarmed by the amount of national debt," Senate Majority Leader Mitch McConnell said at a campaign event in Kentucky on Thursday. He was cool onbefore the election on Friday, given the ongoing Supreme Court nomination process of Judge Amy Coney Barrett.

"He got a terrible backlash from it, including in the stock market, which is what he cares about," she said. "And so then he started to come back little by little, and now a bigger package." The US still hasn't recovered half the jobs it lost in March and April. Lawmakers authorized nearly $3 trillion in federal spending as the pandemic crashed into the economy, causing a colossal amount of job losses and small business failures.

 

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Bitcoin baby! She's moving up! I hope Americans are investing!!

Don-the-con needs votes, who cares if it's enough help..?

& the rest will go to the Trump/Fly rrr Pence campaign

This is for VOTE ONLY, 'IF' (he won't) he should win you can bet he will put a STOP on all Stimulus packages

As long as he’s in a good mood, Democrats should ask do what they really want...

where do i sign?

I thought there was no stimulus, like yesterday. Then there was this morning, then the wasn't again, now there is?

It's a trap and, moreover, congress needs to find out what happend to the 400 billion from the previous stimulus.

This isnt good enough? I’m sick of the Democrats.....if we the people are suffering so should the people we employ...namely the House & Senate. Enough is Enough. TermLimits

As long as it doesn’t contain unrelated inclusions (needs to be stand-alone, as trump suggested in an earlier tweet) I don’t see why they’d deny this. The problem is the partisan bill inclusions that hold things up

SpeakerPelosi

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