World News – CA – Trump diagnosis scares GOP, Pelosi projects optimism over stimulus deal

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President Nancy Pelosi said the president’s positive coronavirus test could change the dynamics and lead to agreement on further relief from the pandemic, but a compromise remains elusive

WASHINGTON – President Nancy Pelosi of California on Friday suggested that President Trump’s coronavirus diagnosis could help break the deadlock on a stimulus package to counter the economic toll of the pandemic, even as she is remained far from an agreement with the administration on the outlines of a bipartisan compromise

Congressional aides and political analysts in Washington remained more pessimistic, claiming that Mr. Trump’s diagnosis and a monthly report on jobs that didn’t match forecasters expectations were unlikely to motivate Democrats and Republicans to break a months-long standoff and strike a deal But after days of long conversations with Treasury Secretary Steven Mnuchin, Ms Pelosi appeared optimistic on the outlook on Friday of a possible agreement

– This kind of change changes the dynamic, because here they see the reality of what we’ve been saying from the start: it’s a vicious virus, â ???? SP Pelosi said on MSNBC She subsequently urged airlines to delay putting tens of thousands of employees on leave, vowing that the House would soon pass relief for those workers either as part of stand-alone legislation, either as part of a larger set

Financial markets have surged and retreated over the past week as reports rose, then disappointed, hoping a deal could soon be at hand, after months of deadlock on Capitol Hill But none developments have not shaken the growing feeling within the Senate and the House, and among think tanks and lobbying workshops around them, that no deal will happen at least before the November elections, as no parties are not sufficiently motivated to cut a deal

– I’m trying to find out here whether I should predict another bill quickly or not, but talks have accelerated in recent days Sen. Mitch McConnell of Kentucky, the majority leader, said at an event at Kentucky Mr. McConnell, which was largely withdrawn from the talks but was regularly briefed by Mr. Mnuchin, added, I think we are closer to a resultâ ????

The Republicans opposed the Democrats… ???? the back-up plans, deeming them far too expensive But Mr Trump’s diagnosis, following a grim jobs report, had the potential to change their political calculations, which could shake the White House and lead Republicans into a more compromising posture in the face of strong political headwinds

At the White House, Mark Meadows, the chief of staff, said that Mr. Trump was eager to find a compromise, telling reporters that the president’s first question this morning was, « How is the economy doing? » How are the stimulus talks going on Capitol Hill? (Mr. Trump hasn’t spoken to Ms. Pelosi in months, instead sending Mr. Mnuchin and Mr Meadows to negotiate on his behalf)

But cautious optimism has denied a significant number of unresolved differences between the latest $ 2 2 trillion Democrats’ proposal, which top Democrats beefed up in the House Thursday without Republican backing, and the latest offer from administration

In a letter to the Democratic caucus, Ms Pelosi identified five critical areas of disagreement: the amount of new spending, unemployment assistance, funding for schools and state and local governments, money for credit in ‘child tax and provision of funds for coronavirus testing and tracing

– We will find our happy medium – we are lawmakers, â ???? SP Pelosi said – We will do the jobâ ????

Mr Mnuchin and Ms Pelosi spoke for over an hour on Friday about these differences, Ms Pelosi spokeswoman Drew Hammill said, and their conversations were set to continue The House left Washington on Friday, with the promise to 24 hours… notice before a vote on any legislation

Moderate grassroots lawmakers have grown increasingly agitated for Ms Pelosi to strike a bipartisan deal with the administration, with some personally pushing for the chamber to stay in Washington until a compromise is reached Ten Eight Democrats broke with their party on Thursday and voted against the $ 2 trillion plan, with most of them arguing that there was no point in pushing forward legislation that lacked Republican backing

– Instead of both sides making the necessary concessions and getting the Americans the relief they desperately need, we’re back to passing partisan bills that died on arrival and a blame game on the part of all parties ??? Rep. Max Rose, Democrat of New York, said in a statement after the vote – Voting on this bill means both sides have given up, and I will never vote to do so…

Other Democrats have argued that Mr. Trump had done little to coax his party into agreeing to anything that came close to democratic demands for a more than $ 2 trillion people and business aid package

In the absence of compromise, both sides pointed fingers at each other Democrats have complained privately that Mr. Trump himself was stuck in the process and had not pushed for a deal Republicans said Democrats were reluctant to give the president anything like a win ahead of the election

Despite Ms Pelosi’s promise of imminent relief for airline workers, it remained unclear whether a stand-alone bill or even an agreement between Ms Pelosi and Mr Mnuchin could ultimately become law, being given the stark divisions among Republicans over the degree of relief needed to help support the economic recovery

Republicans, who were pushing for a stand-alone small business aid bill, on Friday blocked an attempt by Representative Peter A DeFazio, Oregon Democrat and chairman of the Oregon Transportation and Infrastructure Committee. House, unanimously approve a law reviving an expired relief program for airline workers

United Airlines and American Airlines laid off 32,000 workers on Thursday after an effort to renew funding the industry received in March collapsed Airlines said they would be able to reverse course if Congress provided another round of help in the days to come, but the holidays would prove to be more difficult over time, as some employees, like pilots, would need to undergo training to still work

Passenger airlines, which lose billions of dollars a month, had been able to avoid deep cuts due to the $ 25 billion in salary funds provided by Congress under the stimulus bill enacted in March, which banned large job cuts until October 1 Delta Air Lines and Southwest Airlines, the country’s other two major carriers, have been able to avoid the holidays for now, though both have warned they could still come

The employment report released by the Department of Labor on Friday showed a slowdown in job growth from August to September, a development that alarmed many economists and some Wall Street forecasters, who have warned that the economy could face a slow and painful recovery without further congressional intervention support

Business groups have called for more help « Manufacturing continues to show its strength, but even with today’s positive jobs report we are still roughly half a million jobs down below pre-pandemic levels for the industry, ”said Aric Newhouse, senior vice president for policy and government relations at the National Association of Manufacturers A full recovery in manufacturing depends entirely on the rest of the recovery in the industry. economy, and it won’t happen without Congress coming together to embrace bipartisan reliefat ????

Trump administration officials took a more optimistic tone, praising the report while calling for additional targeted stimulus, including aid to airlines.They remained pessimistic at the end of the day on Friday such deal could come to fruition, senior administration official said

Nancy Pelosi, Steven Mnuchin, Coronavirus, Democratic Party, Donald Trump

World News – CA – As Trump’s diagnosis scares the GOP, Pelosi projects optimism on stimulation agreement


SOURCE: https://www.w24news.com

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