President Donald Trump has ordered his negotiators to halt talks over a new stimulus package, after the two sides have struggled for months to reach a deal, a stunning move that puts an end to last-ditch efforts for a major economic relief package as millions are reeling from the coronavirus crisis.
"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 wrote in a series of tweets Tuesday afternoon.
Trump's message stunned lawmakers -- especially since Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi had been trading proposals and negotiating for days in the hopes of narrowing their differences, though they were still far apart in their talks.
The decision to pull the plug on the talks is a major blow to Americans still struggling with the fallout from the once-in-a century pandemic and endangers an economic recovery that for months was driven by the initial $2.2 trillion stimulus passed by Congress in the spring. With that money largely spent and gone, economists have warned more support is imperative in the months ahead.
Trump weighed in shortly after a private conference call with Senate Majority Leader Mitch McConnell, House GOP Leader Kevin McCarthy and Mnuchin, who was scheduled to speak later Tuesday afternoon with Pelosi.
The President's tweet may have come as a surprise to some top Republicans as well as Democrats.
On Trump call with GOP leaders, the President signaled he wanted a deal and didn't say he was going to pull the plug on the talks, according to a source familiar with the call.
Republicans were critical of Pelosi, arguing she was moving the goalposts and noted there were plenty of obstacles to get a deal. But the expectation after that call was that talks would continue.
Last edited by Guest on Tue Oct 06, 2020 9:51 pm, edited 1 time in total.
"The great problem of any civilization is how to rejuvenate itself without rebarbarization." - Will Durant "We've kept more promises than we've even made" - Donald Trump "Of what meaning is the world without mind? The question cannot exist." - Edwin Land
"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 wrote in a series of tweets Tuesday afternoon.
So what he's saying is that if he loses the election he's willing to hold the economic well being of already struggling Americans HOSTAGE until long after the election where he pitches the biggest legal fit of his life and either wins or loses it, then leaves Biden to clean up his stinking mess.
Failure is not falling down but refusing to get up.
Chinese Proverb
Again, Cui effing Bono? How is this a strategy that gets him more votes? How do Republicans defend this strategy, especially GOP members trying to hold to slender eroding margins? I'm hoping this may pry away a few more GOP votes. We shall see...
To paraphrase Diane Nguyen: We are a rudderless large burning garbage barge.
"The great problem of any civilization is how to rejuvenate itself without rebarbarization." - Will Durant "We've kept more promises than we've even made" - Donald Trump "Of what meaning is the world without mind? The question cannot exist." - Edwin Land
I don't want a deal if this is used as a way to get more long term permanent socialism. In fact I don't want anymore inflated money handouts because they're worthless. We need to get back to work. If you're at risk and fear death more than poverty then stay home.
Last edited by ICCrawler - ICjobs on Wed Oct 07, 2020 11:51 am, edited 1 time in total.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.
I don't want a deal if this is used as a way ro get more long term permanent socialism. In fact I don't want anymore inflated money handouts because they're worthless. We need to get back to work. If you're at risk and fear death more than poverty then stay home.
Get back to work where?
Would it be asking too much for you to keep your eye on the ball?
Failure is not falling down but refusing to get up.
Chinese Proverb
I don't want a deal if this is used as a way ro get more long term permanent socialism. In fact I don't want anymore inflated money handouts because they're worthless. We need to get back to work. If you're at risk and fear death more than poverty then stay home.
We'll make sure, then, that you get NOTHING no matter what.
Dr CamNC4Me
"Dr. Peterson and his Callithumpian cabal of BYU idiots have been marginalized by their own inevitable irrelevancy defending a fraud."
President Donald Trump has ordered his negotiators to halt talks over a new stimulus package, after the two sides have struggled for months to reach a deal, a stunning move that puts an end to last-ditch efforts for a major economic relief package as millions are reeling from the coronavirus crisis.
"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 wrote in a series of tweets Tuesday afternoon.
Trump's message stunned lawmakers -- especially since Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi had been trading proposals and negotiating for days in the hopes of narrowing their differences, though they were still far apart in their talks.
The decision to pull the plug on the talks is a major blow to Americans still struggling with the fallout from the once-in-a century pandemic and endangers an economic recovery that for months was driven by the initial $2.2 trillion stimulus passed by Congress in the spring. With that money largely spent and gone, economists have warned more support is imperative in the months ahead.
Trump weighed in shortly after a private conference call with Senate Majority Leader Mitch McConnell, House GOP Leader Kevin McCarthy and Mnuchin, who was scheduled to speak later Tuesday afternoon with Pelosi.
The President's tweet may have come as a surprise to some top Republicans as well as Democrats.
On Trump call with GOP leaders, the President signaled he wanted a deal and didn't say he was going to pull the plug on the talks, according to a source familiar with the call.
Republicans were critical of Pelosi, arguing she was moving the goalposts and noted there were plenty of obstacles to get a deal. But the expectation after that call was that talks would continue.
Donald J. Trump
@realDonaldTrump
·
1h
If I am sent a Stand Alone Bill for Stimulus Checks ($1,200), they will go out to our great people IMMEDIATELY. I am ready to sign right now. Are you listening Nancy?
Donald J. Trump
@realDonaldTrump
·
2h
The House & Senate should IMMEDIATELY Approve 25 Billion Dollars for Airline Payroll Support, & 135 Billion Dollars for Paycheck Protection Program for Small Business. Both of these will be fully paid for with unused funds from the Cares Act. Have this money. I will sign now!
Failure is not falling down but refusing to get up.
Chinese Proverb
Most interesting new fact: More people have been diagnosed with the Coronavirus in the White House during the last 10 days than were diagnosed in the entire country of Taiwan.
"The great problem of any civilization is how to rejuvenate itself without rebarbarization." - Will Durant "We've kept more promises than we've even made" - Donald Trump "Of what meaning is the world without mind? The question cannot exist." - Edwin Land
We'll make sure, then, that you get NOTHING no matter what.
Maybe I'll need your wilderness survival training when the left collapses the economy in a couple years.
And when the confederates saw Jackson standing fearless as a stone wall the army of Northern Virginia took courage and drove the federal army off their land.