As the COVID pandemic rages on, both Democrats and Republicans generally agree a second stimulus bill is necessary in order to aid Americans.
The two parties, however, appear to be miles apart on what is to be included in the bill.
Democrats want to sneak in all sorts of socialist goodies, like Medicaid expansion.
They also want to see Democrat-controlled cities and states, like Chicago and California, to receive huge bailouts to combat fiscal mismanagement.
Well, President Trump understands the importance of the stimulus bill and he’s threatening executive action if Democrats don’t shape up and start acting reasonably.
The New York Post reports on Trump’s promised executive action:
President Trump said Thursday he plans to sign sweeping executive orders “tomorrow afternoon” if Democrats won’t agree to a new coronavirus stimulus bill.
Trump says he’s ready to revive a moratorium on evictions and a federal supplement for unemployment insurance, both of which lapsed last month. He also floated a temporary payroll tax cut and action on student loans.
“I’ve notified my staff to continue working on an Executive Order with respect to Payroll Tax Cut, Eviction Protections, Unemployment Extensions, and Student Loan Repayment Options,” Trump tweeted.
White House Chief of Staff Mark Meadows previously gave Democrats a Friday afternoon deadline to make concessions.
On Capitol Hill, talks ground to a halt between White House reps and Democrats.
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer held a press conference Thursday and refused to budge on a renewed $600/week federal supplement in unemployment. Republicans want to peg the boost to 70 percent of pre-pandemic pay.
Here’s the latest on Twitter over Trump’s threat:
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