BREAKING! UNEMPLOYMENT, SECOND STIMULUS CHECK & PACKAGE UPDATE 10/08/2020 (DEAL TALKS BACK ON!) Great, breaking news this morning! THIS MORNING on the Fox Business Network, President Trump made a new announcement! That two days ago on Tuesday he shut down stimulus talks because they “weren’t working out” and now he says, “they’re working out” and NOW he wants negotiations for “a bigger deal” than just a narrowly focused standalone airline bill! Also many asked why I was so optimistic when all this began unfolding this week and I will be sharing with you “why” and what I believe is really going on that most people aren’t seeing.
He said quote:
“I shut down talks two days ago because they weren’t working out. Now they are starting to work out. We’re starting to have some very productive talks. “I said look we’re not getting anywhere: Shut it down. I didn’t want to waste time. But in any event, we got back — both sides very capable — we got back, we started talking again, and we’re talking about airlines and we’re talking about a bigger deal than airlines. We’re talking about a deal with $1,200 per person, we’re talking about other things.”
Nancy Pelosi’s office did not respond this morning when asked to comment. Nancy Pelosi however was very optimistic prior to the President halt on stimulus talks on Tuesday. And yesterday, Wednesday her and Steve Mnuchin resume talks for a standalone airline bill.
Trump regarding Nancy Pelosi said quote: “She wants it to happen, too; she doesn’t want it not to happen, because it’s so good for our country, we really need it. It wasn’t our workers’ fault, it wasn’t our airlines’ fault that China did this terrible thing to us.”
Now when asked about why things shut down President Trump responded quote: “They were trying to get things and we were trying to get things, but I don’t want to play games. Then we reopened and I see the markets are doing very well and I do think we have a really good chance of doing something.”
Keep in mind we mapped this out. 2 possible responses Nancy Pelosi could have, and we saw she took the first. Although I like many, don’t necessarily agree with some of Nancy Pelosi’s recent decisions do believe she is NOT merely reacting and is very smart and is thinking strategically and sees what her best response was and she took it.
Nancy Pelosi was on The View yesterday and said Trump just wants to send out a check with his name on it and wants to forget that there is any virus or money for anything else. She also said, “it is hard to see a clear sane path with anything Trump is doing.”
So, picking up where we left off in negotiations Nancy Pelosi and the house of representatives passed a $2.2 trillion stimulus package as a messaging bill that was dead-on-arrival in the senate. White House Treasury Secretary Steve Mnuchin responded to that with a counteroffer of $1.62 trillion. NOW we last heard that Nancy Pelosi would be providing Steve Mnuchin with a counteroffer to that and we are waiting to find out what is included in that offer.
We expect to see $1200 stimulus checks as we have bipartisan support from both parties, same amounts and eligibility requirements as before, we are still working on whether those with ITIN’s should be included.
An extension of enhanced unemployment FPUC. (more on this in another video). Democrats were proposing $600 per week from September until the end of the year, Republicans currently are $400 per week from September until the end of the year. Same eligibility requirements anyone can receive this that has lost their job due to the pandemic.
Some state and local government funding. Republicans have agreed to at least 250 billion at this point, Democrats are asking for more.
Liability Protection
Money for pandemic related testing and treatments
150 billion for schools
As updates come out, I will be sure to share.
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