President Donald Trump abruptly announced on Tuesday that he’s rejecting the Democratic coronavirus relief proposal and ending stimulus negotiations until after the election in November.
“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,” Trump wrote on Twitter.
—Donald J. Trump (@realDonaldTrump) October 6, 2020
“Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19,” he said. “We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith.”
He added that he was “looking to the future of our Country,” and told Senate Majority Leader Mitch McConnell to focus on nominating Amy Comey Barrett to the Supreme Court instead.
Democrats recently passed a $2.2 trillion spending plan that restored the $600 federal unemployment benefits, provided aid to states as well as businesses. It also included another round of direct payments for Americans, and was a slimmed-down version of another $3.4 trillion bill Democrats passed in May.
The Trump administration sought a $1.6 trillion coronavirus aid package, $700 billion less than what Democrats wanted. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi were in the middle of negotiations that restarted in late September after collapsing in August.
This is breaking news and the story will be updated.