Trump says COVID-19 stimulus negotiations are over till after the election

President Trump says stimulus negotiations are over till after the election.

Angela Lang/CNET

For probably the most up-to-date information and details about the coronavirus pandemic, go to the WHO website.

US President Donald Trump has tweeted that negotiations over a second stimulus bill have ended until after the Nov. 3 presidential election. Trump, who is currently undergoing various medical treatments for COVID-19 after testing positive last week, mentioned Tuesday he has rejected Home Speaker Nancy Pelosi’s request for $2.four trillion {dollars}.

“I’ve instructed my representatives to stop negotiating until after the election when, instantly after I win, we’ll cross a significant Stimulus Invoice that focuses on hardworking People and Small Enterprise,” Trump tweeted.

The president claimed the Democrats’ requested $2.four trillion could be used to “bailout poorly run, excessive crime, Democrat States, cash that’s on no account associated to COVID-19.”

Trump added he is as a substitute requested Senate Majority Chief Mitch McConnell to “focus full time on approving my excellent nominee to the USA Supreme Courtroom, Amy Coney Barrett.” 

Whereas Trump’s tweets added the inventory market is at “report ranges,” the Dow dropped almost 400 points following his announcement of stimulus talks breaking down.

Learn extra: Next stimulus check: 9 things to know now that Trump has COVID

The president’s announcement comes regardless of a pro-stimulus tweet from three days ago whereas he was hospitalized at Walter Reed Nationwide Navy Medical Heart. “Our nice USA desires and desires stimulus. Work collectively and get it performed. Thanks!”

The first stimulus payment despatched out in March was for as much as $1,200 per grownup, however a second stimulus examine could possibly be bigger or smaller, relying on whether or not your financial circumstances have changed or if the qualifications for dependents are broadened.

The data contained on this article is for academic and informational functions solely and isn’t supposed as well being or medical recommendation. At all times seek the advice of a doctor or different certified well being supplier concerning any questions you’ll have a few medical situation or well being targets.

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