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Trump, Mnuchin try to pressure Democrats to return to talks about economic relief



It’s unclear exactly what Trump is referring to, although Pelosi and Schumer both said on Sunday that they would still favor a legislative resolution if the administration would meet them in the middle and compromise.

Schumer reiterated that on MSNBC on Monday morning, saying he hopes that “healthier voices within the Republican Party will prevail … we are waiting for them to come back and say ‘yes’.” “

However, in an interview on CNBC on Monday, Mnuchin argued that the administration had made compromises and Democrats were the ones that needed to be compromised.

“We are not the ones facing this issue,”

; said Mnuchin.

Despite the rhetoric – and Trump’s statement on Sunday that the Democrats have called him – there has been no communication between the two sides since two weeks of unsuccessful talks collapsed on Friday, according to Democracy aides. The outlook for any further negotiations is unclear.

Trump on Saturday signed a series of actions aimed at restoring some of the enhanced unemployment benefits, deferring payroll taxes and student loan payments, and protecting tenants. But the steps have been criticized by state officials, businesses, economists and Democrats as confusing, unfeasible, incomplete and potentially unconstitutional.

With millions of people still unemployed and coronavirus deaths rising, Democrats, many Republicans and the government hope to agree on a new bailout bill that will send a check of $ 1,200. new for American individuals, offering a new round of funding for small businesses and allocating money to schools, testing and vaccine development, among other terms.

But despite bipartisan consensus on many of these goals, the parties were unable to reach consensus on key issues, including the bill’s overall price list. Democrats start at $ 3.4 trillion but suggest they are willing to spend about $ 2 trillion; Republicans, who start at $ 1 trillion, say $ 2 trillion is too high.

The Democrat’s request for nearly $ 1 trillion in aid to local and state governments is also a major setback. The Trump administration is unwilling to agree more than $ 150 billion in additional aid to cities and states, after it received $ 150 billion in the Cares Act in March.

Mnuchin argued on Monday that much of that money had not been spent and that asking for an additional $ 1 trillion was “absurd.”

On Twitter, Trump repeated his statement that Democrats insisted “NO MONEY for Democrats-run cities and states are failing badly.” In fact, governors and city leaders on both sides have begged for more assistance, as the plummeting tax revenue has been forced to lay off mass layoffs.

The emergency $ 600 weekly unemployment benefits generated by the Cares Act expired on July 31st. During negotiations, Democrats tried to firmly keep them at $ 600, while Mnuchin and White House Chief of Staff Mark Meadows refused to spend more than $ 400 – another point disputed.

Trump’s executive action attempts to restore benefits at $ 400 weekly, but that would include a $ 100 contribution from the states, which some state officials deem unfeasible. Mnuchin countered on Monday, arguing the remaining states had “plenty of money” from the previous round of funding.

Schumer on Monday echoed his criticism of the unilateral steps Trump has taken, saying, “These executive orders are ridiculous.”


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