12.4 C
London
Saturday, October 31, 2020

US stimulus news: Trump says ‘really good chance’ of US stimulus deal

WASHINGTON: US President Donald Trump said Thursday he sees “really good” odds of reaching a deal with Democrats in Congress on a new round of coronavirus stimulus for the battered US economy.
“We’re starting to have some very productive talks,” he said, referring specifically to assistance for airlines and $1,200 checks for workers.
“We’re talking about a bigger deal than airlines,” he stated. “I think we have a really good chance of doing something.”
Coronavirus outbreak: Live updates
House speaker Nancy Pelosi and treasury secretary Steven Mnuchin have been negotiating a huge, new relief package for weeks but differ on how much to spend.
On Tuesday evening Trump abruptly called an end to the talks, saying Pelosi was not negotiating in good faith.
After an outcry from both parties and from business leaders, Trump changed gears and called for Congress to “immediately” pass stand-alone legislation to extend aid for airline workers and small businesses.
He also said he would back another round of $1,200 stimulus payments for households.



Source link

Latest news

Covid-19: Indian students speak of depression and isolation at UK universities under lockdown, some plan to return to India | India News

LONDON: Indian students in Manchester have spoken of their isolation and depression at being stuck in their rooms all day since all teaching went...

Ziyech shines as Chelsea enjoy 3-0 win at Burnley | Football News

BURNLEY (England): Hakim Ziyech shined and Kurt Zouma and Timo Werner were also on target as Chelsea

EC action against BJP’s Imarti Devi over poll code violations | India News

NEW DELHI: The Election Commission on Saturday imposed a 24-hour campaign ban on BJP leader Imarti Devi due to

IPL 2020: Yuvraj, Archer surprised by umpiring decision in SRH-RCB tie | Cricket News

SHARJAH (UAE): Yuvraj Singh and Jofra Archer were left surprised with an umpiring call during the Indian Premier League

Related news

Covid-19: Indian students speak of depression and isolation at UK universities under lockdown, some plan to return to India | India News

LONDON: Indian students in Manchester have spoken of their isolation and depression at being stuck in their rooms all day since all teaching went...

Ziyech shines as Chelsea enjoy 3-0 win at Burnley | Football News

BURNLEY (England): Hakim Ziyech shined and Kurt Zouma and Timo Werner were also on target as Chelsea

EC action against BJP’s Imarti Devi over poll code violations | India News

NEW DELHI: The Election Commission on Saturday imposed a 24-hour campaign ban on BJP leader Imarti Devi due to

IPL 2020: Yuvraj, Archer surprised by umpiring decision in SRH-RCB tie | Cricket News

SHARJAH (UAE): Yuvraj Singh and Jofra Archer were left surprised with an umpiring call during the Indian Premier League

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Close Bitnami banner
Bitnami