WASHINGTON, Oct 9 — President Donald Trump said yesterday he now sees “really good” odds of reaching a deal with Democrats in Congress on a new round of coronavirus stimulus to boost the battered US economy, a sharp reversal from his stance earlier this week. His comments marked a definitive...
US President Donald Trump speaks at the White House after returning from hospitalization at the Walter Reed Medical Center for coronavirus disease treatment, in Washington, October 5, 2020, in this still image from video posted on Trump’s Twitter page.
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin had been bargaining for weeks, raising hopes for a huge, new relief package, but Trump abruptly ordered Mnuchin to cut off the talks, accusing Pelosi of not negotiating in good faith. However, White House Strategic Communications Director Alyssa Farah later in the day said the Trump administration still favors a “skinny package” over a larger bill, adding that loans and grants for small businesses were among their priorities.
Pelosi said no such legislation would get through Congress without a deal to also pass a broader stimulus package. Pelosi acknowledged the two parties had found areas of agreement, but said Republicans “have walked away from the full package.”Trump called for a separate US$25 billion airline relief measure and US$135 billion to protect small businesses.
But hoped-for additional aid did not come, and American and United airlines last week said they would begin furloughing 19,000 and 13,000 workers.
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