Dr. Chhoda analyzes the chain reaction of events set in motion by the President’s most recent tweet, including comments from the President, Republicans and House Speaker Pelosi since the tweet.
TABLE OF CONTENTS
0:00 Rumblings about the stimulus and related news from DC today
2:20 House Speaker Pelosi’s stance on stimulus negotiations
3:40 President reiterates support for larger stimulus package
6:10 We go from $300 billion to $1.5 trillion in one week thanks to the Problem Solvers Caucus bill
7:35 New comments from Republican lawmakers
9:00 Speaker Pelosi remains firm at $2.2 trillion, no willingness to back down
President Trump yesterday called on congressional Republicans to support a massive economic relief bill with “much higher numbers” and stimulus payments for Americans.
This was an abrupt departure from the traditional Republican position – an entirely different plan from what the Senate GOP sought to advance as recently as last week.
His Twitter post and subsequent comments at a news conference could reframe talks that have stalled for more than a month, and put new pressure on leaders in both parties.
Speaking at the White House last night, President Trump expressed support — but not an explicit endorsement — for a $1.5 trillion plan unveiled Tuesday by the bipartisan Problem Solvers Caucus in the House. The proposal includes a new round of $1,200 stimulus checks to individual Americans, a provision omitted from an approximately $300 billion plan Senate Republicans tried unsuccessfully to pass last week.
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