President Trump stated Tuesday evening that he is willing to pass several independent COVID-19 relief measures – including a new round of stimulus checks – after halting bilateral negotiations with Democrats on a new aid package.
“The House & Senate should IMMEDIATELY Approve 25 Billion Dollars for Airline Payroll Support, & 135 Billion Dollars for Paycheck Protection Program for Small Business,” the President wrote. “Both of these will be fully paid for with unused funds from the Cares Act. Have this money. I will sign now!”
Trump’s support for a renewed relief fund comes after he previously rejected a proposal from House Democrats earlier in the week and called on congressional Republicans to hold back on the negotiations until after the election.
Both Republicans and Democrats have failed to agree on terms for the new pandemic relief legislation.
“If I am sent a Stand Alone Bill for Stimulus Checks ($1,200), they will go out to our great people IMMEDIATELY. I am ready to sign right now. Are you listening Nancy?” Trump continued in another tweet.
President Trump tweeted early Tuesday that he was walking away from the table.
“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.”
The initial disbursements of $1200 direct payments to individual Americans for COVID-19 relief were issued in March. Extended unemployment benefit payments ended in July.
The American unemployment rate currently stands at 7.9 percent, down from a high of 14.9 percent in April.