USA Today reports:
President Donald Trump put an end to months of negotiations over a COVID-19 stimulus package Tuesday, rejecting the Democrats’ latest offer and saying he wanted to postpone negotiations until after the election. In a Tuesday afternoon tweet, Trump said Democrats were “not negotiating in good faith” and was rejecting their offer.
Trump’s announcement comes as many of the benefits previously approved by Congress have already run out. The $600 federal boost to unemployment benefits ran out in July, a loan forgiveness program for small businesses expired, and airlines have warned of mass layoffs and furloughs after their billions of dollars in federal payroll assistance expired.
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. We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith. I am rejecting their…
— Donald J. Trump (@realDonaldTrump) October 6, 2020
…request, and looking to the future of our Country. 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. I have asked…
— Donald J. Trump (@realDonaldTrump) October 6, 2020
…@senatemajldr Mitch McConnell not to delay, but to instead focus full time on approving my outstanding nominee to the United States Supreme Court, Amy Coney Barrett. Our Economy is doing very well. The Stock Market is at record levels, JOBS and unemployment…
— Donald J. Trump (@realDonaldTrump) October 6, 2020
…also coming back in record numbers. We are leading the World in Economic Recovery, and THE BEST IS YET TO COME!
— Donald J. Trump (@realDonaldTrump) October 6, 2020
BREAKING: Stocks slide to lows of the day after Trump tweets that he is rejecting the Democrats stimulus proposal and adds: “I have instructed my representatives to stop negotiating until after the election” https://t.co/jn8limUSe7 pic.twitter.com/bdudqRotZm
— CNBC Now (@CNBCnow) October 6, 2020
Trump is ending stimulus talks saying he’ll deal with it after the election and wants McConnell to focus on SCOTUS instead, effectively handing Democrats the talking point they’ve been signaling for days. https://t.co/u2uevljTrk
— Abby D. Phillip (@abbydphillip) October 6, 2020
One of the biggest talking points among Republicans, especially on the debate stage, has been Democrats blocking coronavirus stimulus. Now they can say it was Trump who killed the talks.
— Igor Bobic (@igorbobic) October 6, 2020
I would pay to see the look on the faces of every Republican Senator running for re-election right now.
— Jon Favreau (@jonfavs) October 6, 2020
Wait, so Trump not only rejects stimulus funds that would probably have helped his re-election chances, but *also* does so in a way to make sure that he personally will take blame for it?
— Nate Silver (@NateSilver538) October 6, 2020