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Home / US Business / Trump agrees with Democrats in "much higher numbers"

Trump agrees with Democrats in "much higher numbers"



KEY POINTS

  • President Donald Trump said he likes "the greater amount" of new stimulus spending
  • Chief of Staff Mark Meadows of the White House wants to see an agreement happen within "a week to ten days."
  • Time runs out for an agreement before the November 3 general election

President Donald Trump tells Republicans to the Senate that he is happy with a more expensive stimulus package closer to $ 2.2 trillion proposed by Democrats instead of the $ 500 billion is currently promoted by GOP.

While not committing to a specific dollar amount, Trump indicated Wednesday that he found no objections to the $ 1

.5 trillion legislation proposed by the bipartisan House of Solvers Caucus.

Trump said he supports "something like that." He also said he likes "the larger amount" of spending, noting that "some Republicans disagree, but I think I can convince them to agree.

Trump asked Republican lawmakers to "go for the much higher numbers" in the fifth COVID-19 relief package. Negotiations on the bill have stalled in the Senate since House Democrats passed their $ 3.2 trillion HEROES bill on May 15. .

Republicans remain divided on not approving any new spending, or supporting a limited package like $ 500 billion dollars put forward by Senate Majority Leader Mitch McConnell last week and voted down by Democrats.

He took up where Trump left off and White House Chief of Staff Mark Meadows said he was "probably more optimistic about the potential of a deal in the last 72 hours than I have been in the last 72 days. He did not directly support the $ 1.5 trillion bipartisan proposal, but called it a "serious thought for consideration."

"I think it at least provides a basis for us to get back to the table," he said in an interview. on CNBC's "Squawk on the Street."

Meadows, one of the top two Trump negotiators in the stimulus negotiations, said he was willing to remain engaged, but wanted to see an agreement reached within "a week to ten days." [19659006] Trump and Meadow's support for more, but unspecified spending, may lead to some GOP senators, but will not necessarily have the same effect on Democrats. The Democrats' $ 2.2 trillion spending package. The head of the Democratic House committee also rejected the $ 1.5 trillion proposal.

Both parties run out of time to cut a deal. The House and Senate have only a few weeks left in their planned session before canceling ahead of the Nov. 3 election, when many members' seats are on the line.

The house is scheduled to sit in session until October 2; The Senate will continue until October 9. After they go down, both houses of Congress are not scheduled to return until after election day. The Senate is set to return to work on November 9, followed by the House on November 16.

On Tuesday, Pelosi insisted that the house will sit in the session until an agreement is reached.

"We are committed to staying here until we have an agreement, an agreement that satisfies the needs of the American people," Pelosi said.

 US President Donald Trump has said he expects a Covid-19 vaccine to be released before the November 3, 2020 election, but experts are more cautious US President Donald Trump has said he expects a Covid-19 vaccine to be released before the November 3, 2020 election, but experts are more cautious Photo: AFP / MANDEL NGAN


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