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Tuesday, August 04, 2020

Democrats Reject One-Week Extension Of $600 Unemployment Boost Amid Otherwise 'Productive' Talks

The Trump administration and Democratic leadership say that while they are nowhere near a deal on the next COVID-19 stimulus package, they made "progress" during a three-hour meeting on Saturday.

Treasury Secretary Steven Mnuchin said that the meeting was the "most productive we've had to date," echoing comments by Senate Minority Leader Chuck Schumer (D-NY), who told reporters after the meeting "We’re not close yet, but it was a productive discussion. Now each side knows where they're at."

The rhetoric following the weekend meeting marked a notable thaw between Democrats and administration officials following days of heated remarks, including on Friday when Speaker Nancy Pelosi (D-Calif.) and White House chief of staff Mark Meadows traded barbs during dueling press conferences.

Meadows — who had previously told reporters that he was not optimistic about the chances of a deal in the upcoming week — called Saturday the "first day of a good foundation." -The Hill

"We're still a long ways apart, and I don't want to suggest that a deal is imminent, because it is not. But like with any deal, as you make progress, I think it's important to recognize you're making progress," said Meadows.

That said, Democrats wouldn't budge on temporary relief for struggling Americans - balking at a White House proposal for a one-week extension on the $600 supplemental benefit, which lapsed two days ago.

"We proposed a one-week extension at $600 so while we negotiate, at least those people won’t lose their money," Mnuchin toldABC News' "This Week" on Sunday, adding "I’m surprised Democrats don’t want to agree with that. They’re insistent on having this as part of a larger deal."

Treasury Secretary Mnuchin tells @MarthaRaddatz “there’s no question” that $600 unemployment insurance is a disincentive to find a job in “some cases.”

“There are cases where people are overpaid,” he adds when pressed about study refuting his argument.https://t.co/HNQgCe39RN pic.twitter.com/1zceOdxULW— This Week (@ThisWeekABC) August 2, 2020

According to Rep. Richard Neal (D-MA), Chairman of the House Ways and Means Committee, Democrats are seeking a comprehensive package, and not "a piecemeal approach."

Senate Majority Leader Mitch McConnell (R-KY) and the GOP have proposed a $1 trillion plan, while Democrats are holding steady at a $3 trillion package they approved over eight weeks ago.

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15 comments:

Anonymous said...

How about the extra two trillion come out of Congressional pay and pensions?!? Gotta make the cuts somewhere right.

Anonymous said...

Wow, they spent a whole three hours working. They must be exhausted. They should rest and re-convene before they work themselves into a sickness.

Anonymous said...

107 youbare absolutely on to something. Want to know why it wont happen? Because rather than hold all politicians accountable, no matter pokitical affiliation, folks on this board will blondly follow the GOP bull and scream "evil left Democrats". Meanwhile the folks on some left leaning board will do thebsame for their respective party. Wake up people. We are getting hosed by both sides AND Trump!

Anonymous said...

Idiots do you all even realize what they are doing. This House of cards cant be stacked much higher

Anonymous said...

Or maybe some of that money taken to build that stupid wall?

Anonymous said...

107pm...you know exactly where the cuts will take place. ALL services (nothing defense oriented).

Not to mention in a about 12 years (or less) Social security will turn upside down. SS plus MEDICARE needs to be fixed too.

The next generation to work STAT, get them married and making babies.

Alternative is amnesty to bolster the population and tax base!

All about the benjamins!!!!

Anonymous said...

The Republican Party wants to take special care of the private for-profit banking families by "borrowing" $! Trillion at interest. The currency of course will be printed (typed into accounts) out of thin air, and the banks should be entitled to no interest at all. The Treasury used to have the power to print its own currency until 1913. But I digress.

The Democrate Party wants to take special care of the private for-profit banking families by "borrowing" $3 Trillion at interest. So on and So on and So on . . . ad infinitum . . . .

Bottom line:

The BANKERS are going to make out like bandits!
Huge interest payments even at very low rates for US Bonds

Anonymous said...

The Democrats wants to give away trillions to buy votes but wants to break SSI for seniors and not increase their monthly checks.

Seniors have bills to and we worked and paid in to SSI. More than I can say about these lazy bums that wants the Democrats to give them $31,000 a year to do nothing.

Seniors would love to have another $600 per month. But if the lazy bums wants to get $600 a week for doing nothing then the Seniors wants the same thing an increase of $600 a week.

Anonymous said...

I'm grabbing mine before it falls.
April 15 2021 will be the day the IRS has a case against all the citizens.

Anonymous said...

These assholes are the ones OVERPAID & stay Home & get Paid !!!!

They Don't care about us Real Americans who have worked our asses
off ALL our lives !!!

Vote them ALL the Hell OUT 2020 & Make America Great Again !!!!

Anonymous said...

Now Many of us only get piss ass $ 140 a week or so (CRUMBS) !!!!!

Try living on that Ya crooked Politicians !!!

There will be many Bankrupt folks 2020 & 2021 , Just wait & see !!!

Many Evictions / Foreclosures too !!! Look at what Canada pays

their people & Europe & YOU will be PISSED !!! We get screwed here !!

Anonymous said...

Can't just go & get a good job that pays enough to PAY your bills !!!

Not REALITY !!!! Congress stays Home & gets PAID for doing Nothing
then they want to attack us in America , who they Made stay home !!!!

Don't punish Americans who were ordered to stay home by the Govt !!!

Jobs were LOST & America is NOT back to Normal , Far from it 2020 !!!

Millions are given out to Big Business & Colleges & more , NOT to the
working class Americans, Govt can't even give the $600 to them !!!

Anonymous said...

Congressmen Stay Home & get Paid so WHY they (Hippocrits) have the
Nerve to Stop American's Stimulus $$$ , Who were Ordered to Stay
Home for months & could Not work through NO FAULT of their own ???

Vote them OUT 2020 & They Can GO BACK TO WORK !!!!

Anonymous said...

They don't need to do that $600 thing! Who's ever going to go back to work?

Anonymous said...

Speak for yourself !!! Americans DO need the piss ass $600 & alot more too !!!
Should get also $1200 per week too on top of that !!! Until 2021 !!!!

Govt gives out Billions to the Big boys & other countrys all the time !!!