Mnuchin said after the meeting that if they decide on Friday that further negotiations are futile, Trump would unilaterally continue with executive orders to tackle issues such as unemployment benefits. Schumer said Democrats were “very disappointed” with the way the meeting went and that any White House injunctions could be challenged in court. House Democrats passed their more than $3 trillion plan, the HEROES Act, in May. It was billions for financially troubled local and government governments and another round of stimulus controls. Republicans in the Senate refused to be able to take him back and President Donald Trump said he was “dead on arrival.” Some economists argue that the recovery has also taken a step backwards after federal unemployment benefits expired at the end of July. The CARES Act provides $600 a week for those who don`t have jobs, which has created a wave effect and helped support businesses and jobs across the country. Most economists agree that controlling the pandemic is a prerequisite for economic recovery, regardless of state-ordered shutdowns. Before the pandemic, Basil contributed to his savings while paying for his North Carolina home and student loans. Unable to get a loan for paycheck protection to help a consulting firm he founded in January, when he lost more than 75 percent of his job when the pandemic hit, he was finally able to get unemployment benefits in August. Figures released Thursday by the Finance Department on the federal budget highlight the economic damage caused by the pandemic recession, which has required huge public spending while avoiding tax revenues. Trump said he was recovering from the stimulus package negotiations because the money would go to public and local governments. His Tweet Tuesday afternoon said Pelosi had “asked for $2.4 trillion to save mismanaged and high crimes, democratic states, money that is in no way related to COVID-19.” (The aid plan passed by Democrats in the House of Representatives last week was really for $2.2 trillion.) Many families in the United States are facing the same struggles after 2 months into the pandemic: 25.5 million people remain unemployed and the number of initial jobless claims rose to 840,000 last week, a higher figure than expected. But the hope that the unemployed millions will receive additional help from Congress and the White House is slim, as Democrats and Republicans remain deadlocked over an upcoming stimulus package.
The bipartisan $908 billion proposal is seen as the last chance to provide urgent economic assistance, such as additional unemployment benefits and money to small businesses, before protection expires in December. 31 who, moreover, leave tens of millions of Americans without federal aid for weeks, while hunger and travel increase and covid 19 hospitalizations and deaths soar. “I will not comment directly or indirectly – except to say that this is the right time to step back and let the institutions of our democracy continue to do our job,” he said. He also repeated his regular remark that more government support is “probably” needed to get through the era of the pandemic. “I feel like we need to do more and Congress may need to do more.” Soon after, McConnell blamed Democrats for the expiration of unemployment benefits because Democrats raised objections when Republicans tried to extend them in the short term last week. . . .