September 18, 2020 03:36 AM RSS

Congressional Stimulus Package a Political Disgrace

  • Wall Street Rebel | Michael London
  • 09/16/2020 3:47 PM
Congressional Stimulus Package a Political Disgrace


Mr. President, it is time to put up or shut up! Produce the Higher Numbers! Be a President of the People for the People!


President Donald Trump, on Wednesday, urged Republicans to come together and lock down a larger coronavirus stimulus package. As a top White House aide showed more optimism about striking a deal with Democrats.


Alt : (Donal Trupm Stimulus Package Tweet )

In a tweet, the president told GOP lawmakers to “accept far higher numbers” in legislation designed to boost the economy and health-care system struggling under the weight of the pandemic. White House press secretary Kayleigh McEnany said Trump’s tweet referred to the need for a bigger relief package than the roughly $500 billion plan the Senate GOP proposed. 

Many Republicans rejected every proposal recommended by Democrats who insist this fifth wave of stimulus include state and local government who are on the brink of collapse and require emergency funding to alleviate the risk of lying off essential workers.

Senate Democrats blocked the GOP’s attempt to advance a “lean” $500 billion coronavirus relief bill last week, leaving senators in both parties speculating that both sides would not come to a compromise until after the Presidential Election. At this time, the difference between the two sides is $1.5 trillion.

Talks between Pelosi and the White House, led by Treasury Secretary Steven Mnuchin, have been stalled for weeks.  This is happening while millions of American remains out of work, and the coronavirus death count is quickly rising to 200,000 fatalities.

The House of Representatives released on Tuesday a $2 trillion plan that would renew now-expired programs like unemployment aid and small business loans, that included billions in spending that Senate Republicans have already rejected, relief for state and local governments

White House chief of staff Mark Meadows, one of the two leading Trump administration negotiators in stimulus talks, told CNBC’s “Squawk on the Street” that he is “probably more optimistic about the potential for a deal in the last 72 hours than I have been in the last 72 days.”

On the Democratic side, there seems to be little enthusiasm and frustration is eating away at the rank and file, and Pelosi is finding herself at odds with her caucus who want her to take more significant action. Pelosi, supported by her leadership team and most committee chairs, refuses to back down from her demands for a bipartisan $2.2 trillion-plus stimulus package to boost the U.S. economy.

“My conviction is to do my goddamn job and come up with a solution for the American people,” Rep. Abigail Spanberger (D-VA), who sits in a GOP-leaning seat, said, according to two sources on the call. “We have to bring something to the floor.”

Rep. Max Rose (D-NY) says…

 “Every member of the leadership team, Democrats and Republicans, have messed up. Everyone is accountable.”  “Get something done. Get something done!”

While millions of jobs have returned, payrolls are down more than 11 million jobs from pre-pandemic employment levels. Poverty and food insecurity have gotten worse, and many economists fear the United States is on the verge of a long-term downturn unless the federal government takes more dramatic steps.

Mr. President, there are a mere 55 days until the election.  You have an opportunity to put up or shut up. If this tweet is your honest attempt not to lie to Americans who are desperate for relief, then as leader of your party, follow through and lockdown a larger coronavirus stimulus package that serves the need of all Americans.

 

                       Pelosi: GOP Has A Skinny Bill For A Massive Problem | Morning Joe | MSNBC

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