Trump Ready to Sign a New Covid-19 Stimulus

Due to the COVID-19 pandemic, President Trump announced on Thursday that he is ready to sign a bill and he will call Congress to pass stimulus legislation for the issue.

Trump tweeted about this and called for Speaker Nancy Pelosi to approve the stimulus as soon as possible, adding that she couldn’t care less for the American people or the great American worker.

“Republicans are ready to go, I am ready to sign!!!’’ said Trump. “Nancy Pelosi couldn’t care less about the American People or the great American Worker. She should approve needed STIMULUS now. Most other Dems agree. Republicans are ready to go, I am ready to sign!!!’’

According to The Hill, Trump has sought to call blame on Pelosi and House Democrats for failing to reach another deal with Republicans amid the ongoing pandemic, which has shuttered businesses across the country and left many Americans struggling to afford food and rent. Advocates of a new COVID-19 stimulus bill have called for immediate aid to low-income Americans, including the second round of $1,200 checks to every American.

Earlier this year, the CARES Act was passed by the House and was signed as a law by Trump in March. Republicans in the senate have been passive regarding the effort of Democrats to pass a new round of stimulus.

Treasury Secretary Steven Mnuchin spoke on the issue on Wednesday, as he doubted the prospects of getting another COVID-19 relief package deal before the presidential election. He held a press conference in which he said:

“I’d say at this point getting something done before the election and executing on that would be difficult.’’

The Treasury Secretary and Speaker Pelosi negotiate for months. The closest they’ve been to a deal was when he upped the White House offer to $1.8 trillion as the Democrats requested $2.2 trillion. However, the Republicans disapproved of this.

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