President Trump has halted negotiations on a potential stimulus check to Americans, and that there will be no negotiations until after the election.
In a series of tweets, he said, “Nancy Pelosi is asking for $2.4 Trillion Dollars to bail out poorly run, high crime, Democrat States, money that is in no way related to COVID-19. We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith. I am rejecting their request, and looking to the future of our Country. 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. I have asked Mitch McConnell not to delay, but to instead focus full time on approving my outstanding nominee to the United States Supreme Court, Amy Coney Barrett. Our Economy is doing very well. The Stock Market is at record levels, JOBS and unemployment also coming back in record numbers. We are leading the World in Economic Recovery, and THE BEST IS YET TO COME!”
Trump’s tweets come as many of the benefits previously approved by Congress have already run out. As USA Today reports, the $600 federal boost to unemployment benefits ran out in July, a loan forgiveness program for small businesses expired, and airlines have warned of mass layoffs and furloughs after their billions of dollars in federal payroll assistance expired.