Tuesday, August 4, 2020

Trump Weighs EA On C-Virus Stimulus Package; (CDC) 'Substantial' Cost of Closed Schools as Suicides Eclipse COVID Deaths, and Other C-Virus Updates

The president on Monday said he was weighing executive action as Congress and the White House struggle to break the impasse over another emergency relief package to counter the coronavirus' impact on U.S. families and the economy.
Negotiators on Monday signaled they'd made progress hashing out differences between Republican and Democratic proposals for the next stimulus package, though a deal remains far out out of reach and millions of unemployed Americans remain in financial limbo after a $600 weekly unemployment benefit expired on Friday.
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, Congress' top Democrats, met again Monday with White House Chief of Staff Mark Meadows and Treasury Secretary Steven Mnuchin for several hours, where they examined the competing proposals and went through specific dollar amounts in various areas in the two bills.
"It was productive, we're moving down the track," Pelosi, D-Calif., told reporters after the meeting in her Capitol Hill office. "But we still have our differences. We’re trying to have a clearer understanding of what the needs are."
Mnuchin said both sides were "a little bit" closer to a deal but Meadows noted that they were still far apart.
LINK: CDC Director Reveals 'Substantial' Cost of 
Closed Schools as Suicides Eclipse COVID Deaths
It was the latest meeting between the four, who worked last week and through the weekend to discuss any potential middle ground between the Democrats' $3 trillion bill and a $1 trillion Republican proposal.
Meanwhile, President Donald Trump on Monday floated the possibility of taking unilateral action if a deal could not be made with Democrats, claiming he has the power to step in and curtail Congress should there be a need. The president specifically noted the moratorium on housing evictions that recently expired.
Read the rest of the story HERE and follow links below to related stories and resources:

CDC Director Reveals 'Substantial' Cost of Closed Schools as Suicides Eclipse COVID Deaths

USA TODAY: Coronavirus Updates

WSJ: Coronavirus Live Updates

YAHOO NEWS: Coronavirus Live Updates

NEW YORK POST: Coronavirus The Latest

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.

No comments: