President Trump has said Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi “want to meet to strike a deal” on the fourth coronavirus stimulus package, after negotiations between lawmakers in Congress and the White House are at a stalemate this weekend.
“So now Schumer and Pelosi want to meet to make a deal,” the president tweeted on Monday. “It’s amazing how it all works, isn’t it. “
“Where have they been the last 4 weeks when they were ‘extremists’, and only wanted BAILOUT MONEY for Democrat-run states and badly failing cities? Trump went on to add, “They know my phone number!” ”
The president’s tweet comes after he signed four executive actions over the weekend to provide Americans with financial aid against the ongoing pandemic, after Republicans and Democrats on Capitol Hill failed to come to an agreement on what to include in the fourth stimulus package.
WHAT ARE PRESIDENT TRUMP’S FOUR EXECUTIVE ORDERS RELATED TO CORONAVIRUS?
Executive actions included $ 400 per week in Extra Unemployment Assistance – a replacement for the program passed under the CARES Act earlier this year that gave the unemployed an extra $ 600 per week until the federal program expired at the end of July.
The action would require states to pay 25 percent of the $ 400 weekly benefit, while the federal government would recoup 75 percent.
The $ 400 payment to unemployed Americans came as Republicans on Capitol Hill argued that the original UI program deterred Americans from returning to work, with many raising more money out of the unemployed than unemployment. Republicans pushed for the program to be reduced to $ 200 per week, while Democrats argued that the program should be renewed to $ 600 per week.
The president also signed executive measures that would encourage federal efforts to help tenants and landlords avoid eviction or foreclosure for not making their monthly payments; defer the payroll tax from September 1 to December 31, 2020 for employees earning $ 100,000 or less per year; and suspend federal student loan payments and set interest rates at 0% until December 31, 2020 – the current student loan relief program was scheduled to expire on September 30.
But Schumer, DN.Y., called the executive orders “laughable” on Monday, telling MSNBC’s “Morning Joe” that the administration has “no respect for the American people.”
Schumer went on to say White House Chief of Staff Mark Meadows was to blame for the lack of a deal on the Fourth Package.
“We came up with a solid plan, but we were even ready because we want it so badly to happen,” Schumer said. “We told the president, the president’s negotiators last week, we’ll meet you in the middle. We’re going to cut a trillion. You raise a trillion. Do you know what they said? Absolutely not. I told them, you mean it’s your way or the highway? And they said, yes.
PELOSI SLAMS TRUMP EXECUTIVE ACTIONS LIKE AN “ILLUSION”
Meanwhile, Pelosi, D-Calif., Over the weekend criticized the president’s executive actions as an “illusion” and an “unconstitutional slant.”
“Although he has the illusion of saying that we are going to have a moratorium on evictions, he says that I will ask officials to study if it is feasible. While he says he’s going to pay payroll taxes, what he’s doing undermines social security and medicare, so these are illusions, ”Pelosi said.
She later added that Trump’s orders “don’t give money in enhanced benefits, but put in a complicated formula that will take some time, if at all, to accomplish to put money in the pockets. of the American people. ”
Talks had been stalled for weeks, with Democrats demanding more than $ 3 trillion in the relief bill while Republicans struggled to finally merge around a $ 1 trillion proposal. Pelosi proposed Thursday that the parties each give $ 1 trillion and adopt a $ 2 trillion proposal, but Treasury Secretary Steven Mnuchin on Friday said the idea was “out of the game.”