Trump said he shared his views with Mnuchin.
“I have told him. So far he hasn’t come home with the bacon, “said the president.
Trump’s recent comments illustrate the fluid and disorganized state of business talks at a time when the economic recovery appears to be stalling less than three weeks after the election.
Mnuchin and Pelosi (D-Cailf.) Have been negotiating for days, although Trump is constantly changing his offers, often in Twitter posts or media interviews. Senate Majority Leader Mitch McConnell (R-Ky.) Is distancing himself and the Republican Senators from the White House̵
“I propose what we think is appropriate,” McConnell told reporters on Thursday in Kentucky when asked about Trump’s insistence on “go big”. “I’ll put on the floor what we think is appropriate to combat this disease at this point.”
Commenting on the higher numbers being maintained by the government, McConnell said, “There the government is ready to go. My members think that what we have planned, half a trillion dollars, very focused, is the best way to go. “
Trump seemed unaware of or indifferent to the GOP’s objections to large new spending.
“Republicans are very willing to do this,” Trump said, insisting that Pelosi is in the way and “she has a lot of mental health problems.”
“Nancy Pelosi doesn’t want to give anything. She believes it will help her choose. … We don’t stop it. She holds it up, ”said Trump.
Trump added that Pelosi “asks for all kinds of goodies – she wants to save badly governed democracies and cities … she wants money for things that could be – her pride couldn’t allow it.”
For its part, Pelosi criticized the government’s approach, saying it did not recognize real needs, including state and local governments where tax revenues have fallen and the prospect of mass layoffs looming, with hundreds of thousands of workers already losing their jobs.
“This is a pandemic in case you didn’t notice. This is about a pandemic where we’re trying to compensate states for the money they spent on the pandemic and the revenue they lost, ”Pelosi said on MSNBC Wednesday night. “It’s one thing the president just ignored. The president said, “I don’t pay blue states.” You didn’t take it seriously. “
Amid the dissonant messages, Mnuchin seemed to be moving in Pelosi’s direction in their ongoing conversations. He said Thursday that the administration was basically ready to accept the language Pelosi had insisted on in order to establish a national strategy for coronavirus testing.
“When I speak to Pelosi today, I will tell her that we are not going to let the testing problem get in the way. That we basically agree with their test language, subject to minor problems, “said Mnuchin on CNBC.” This problem is being exaggerated. “
However, it was not immediately clear what would happen when something was agreed. Mnuchin and Pelosi had not yet spoken, and a Pelosi spokesman said they had not yet heard details from the finance minister about what he had agreed to.
After a large wave of layoffs in March and April, there has also been a noticeable increase in recent weeks after a number of federal aid programs had expired. The aviation and travel industries have been particularly hard hit, while restaurants and other businesses across the country continue to close.
Congress provided around $ 3 trillion in emergency aid in March and April, but some of those programs have run their course.
The White House and Democrats have agreed various measures to be included in a new stimulus plan, including a desire to send out another round of $ 1,200 stimulus checks, more aid to small businesses, and aid to the aviation industry. They have also tried to extend emergency unemployment insurance, although there have been differences in the way this aid is structured. And a number of other problems remain unsolved, such as the protection of corporate liability by Democrats, money for cities and states, and childcare.
Trump defended his demand for higher spending, claiming repeatedly, without evidence or explanation, that China would pay for the nearly $ 2 trillion stimulus package. “I would like to see more money – because it comes back,” said Trump. “We’ll take it from China. I’m telling you now: It comes from China.”
The president has repeatedly made false claims about foreign nations paying for domestic spending projects, such as Mexico funding the construction of a border wall along the southern United States
When asked how he would get China to pay for the stimulus package, Trump said, “Well there are many options. OK? There are many opportunities. And I’ll find out all of them. I’ve already figured it out. “
Talks continued amid a surge in coronavirus cases in the US and a downturn on Wall Street.
More than 20 states hit new highs on a 7-day average, while in 40 states, infections increased from week to week. The Dow Jones industrial average fell sharply Thursday morning before recouping some of its losses.