Finance

Pelosi says Trump’s COVID diagnosis has improved the odds for another stimulus package

Pelosi says Trump’s COVID diagnosis has improved the odds for another stimulus package

On Friday, House Speaker metropolis Pelosi told MSNBC viewers that President Donald Trump’s positive COVID-19 take a look at result’s possible to extend the percentages that a information deal can pass.

“This changes the dynamics,” Pelosi same. this can be a malignant virus.” Earlier on, the White House redoubled its supply from $ one.3 trillion to $ one.6 trillion, however Democratic leaders same it absolutely was not enough facilitate. thus on weekday, House Democrats passed the revised $ two.2 trillion Heroes Act. That bill is unlikely to urge a take the Senate.

But as negotiations proceed, Trump’s positive COVID-19 diagnosing, Pelosi says, might facilitate the president understand that a lot of assistance is required to handle the deadly pandemic. “We’ll realize our middle ground … we’ll get the duty done,” Pelosi same.

While the 2 sides disagree on the greenback size of subsequent information package, they agree on several areas of paying. each parties reaffirmed their support on for one more spherical of information checks of $ one,200 for adults and $ five hundred for dependents. either side support a lot of funding for education, coronavirus-related comes, mortgage and rental help, food programs, and state and native government funding.

Their main areas of disagreement, outside of the general size of the package, lie on components like a pointy increase in federal aid to state and native governments, that Democrats support, and immunity to COVID-19 lawsuits for businesses. . . . , that Republicans support. And Republicans would love state advantages to rise to $ four hundred per week, whereas Democrats would love them to travel back to $ 600 per week.

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