News
Pelosi Says No Stimulus Even as Coronavirus Cases Rise
With days before the elections, House Speaker Nancy Pelosi says “No” to stimulus relief. She then blamed the White House for the failure.
RELATED: Pelosi Sets 48-Hour Stimulus Deadline, Trump Says ‘She’s Holding It Up’
In a letter to House Democrats, Pelosi heaped the blame on the White House. “For a long time now, Congressional Democrats have laid out a strategic plan to crush the virus. The White House and Mitch McConnell have resisted, and on Sunday, Mark Meadows told us why saying ‘We’re not going to control the pandemic.'” Pelosi referred to Chief of Staff Meadow’s interview last Sunday on CNN's “State of the Union.”
She noted: “From ‘hoax' to hundreds of thousands dead, the White House has failed miserably — not by accident, but by decision. Now we know why they resisted science at the expense of lives, livelihoods, and the life of our democracy. Again, it was a decision to do so.”
US Treasury Secretary Steve Mnuchin negotiated with Pelosi for weeks. The Speaker set a deadline last week to finish the stimulus package. The deadline allows the legislators to vote on the final bill before the elections.
The Democrats passed a $2.2 trillion Covid- aid 19 bill. But, Senate Republicans and Mnuchin found the budget too expensive. They countered with a lower costing bill at $1.8 trillion. Trump said he can go higher if needed.
In the end, both sides remained far apart in negotiations. Pelosi threw in the towel yesterday.
A Case of Bad Timing
The decision to forego talks on stimulus relief comes at the heels of higher Covid-19 cases. Infections reached a record high over the weekend, with over 83,000 new cases reported. As of this week, there are 1.7 million Americans infected and 227,000 dead. Yet, there are no signs that the pandemic is slowing down.
There are reports that House Democrats could grow in number in this year’s elections. Pelosi committed to writing legislation in aid of struggling American workers. She said: “This week, we continue to put pen to paper, with thanks to our Committee Chairs for their mastery of the legislation and loyalty to America’s working families.” She included a dig on Trump and Senate Majority leader Mitch McConnell. “The President’s words only have meaning if he can get Mitch McConnell to take his hand off the pause button,” she added.
Trump Fires Back
In response, the White House fired back at Pelosi last Tuesday. Trump said “Nancy Pelosi is only interested in bailing out badly-run, crime-ridden Democrat cities and states. That’s all she is interested in. She is not interested in helping people.”
Trump promised that once the GOP wins, they’ll get an aid package ready. He said “After the election, we will get the best stimulus package you have ever seen. I think we are going to take back the House because of her.” Trump looked forward to getting the House back. He said “I think you have a lot of congressmen and women – Republican – that are going to get elected. We will take back the House. We’ll hold the Senate. We’ll hold the White House.”
Other CARES Act Benefits Expiring Soon
Besides a stimulus check, Americans received many benefits under the CARES Act. This bill expired last July, but some of the provisions managed to hold on longer. Here are some of the benefits and their shelf lives.
401(k) hardship withdrawals and loans, unemployment can continue to do so until the end of 2020. You will owe taxes on the withdrawal, but there aren't any automatic deductions. Tax payments can spread out up to three years. 401(k) loan payments due between March 27 to December 31 will extend to next year, but with interest.
Federal enhanced unemployment benefits ended in July will continue in some other form. Depending on your state’s coverage, some provisions will remain in place until the end of the year. Self-employed, independent contractors, and gig economy workers remain qualified for state benefits. These last until December 31, 2020.
Bans Will Remain
Evictions will remain banned until the end of the year. This is via a “historic” order from the Centers for Disease Control and Prevention.
Those needing mortgage relief due to coronavirus can still request help. They can choose between six months of deferral or lower payments. While the CARES Act doesn’t specify the duration, it’s likely available as long as the pandemic is ongoing. At the least, this covers loans until the end of the year.
Finally, the student loan moratorium remains in effect until January 2021.
To paraphrase a famous saying: When Elephants and Donkeys fight, it’s the grass that suffers. A week to go before the elections and much-needed relief remains unavailable. Americans who remained resilient must now endure a few more months. They will need to fend for themselves while Congress and the Senate bicker over details.
Watch this as Donald J. Trump, the President said that House Speaker Nancy Pelosi is only interested in bailing out badly-run Democrat cities and states:
Who is to blame for these negotiations made in bad faith? Is it the Democrats led by Nancy Pelosi and their spend-at-all-costs proposal? Or is the GOP, who insisted that lower is better? Let us know what you think by leaving your comments below.
22 Comments
Nancy Pelosi and the Democrats need to stop pork barreling the relief bills. The money should go direct to tax paying US Citizens in this Country! Not illegal aliens, not undocumented workers in this Country, not organizations, not municipalities; but to the PEOPLE. Let the People of this Country decide how they will spend the Monies they receive. They need to quit putting the strain on the good people of this Country.
It is time for her, her cronies to leave office and get some people who will actually work towards the Common Good of this Country.
I think anonymous said it very well. Nancy Pelosi says that she knows how people are hurting. Nancy Pelosi aligns herself with the public by saying she is with them every day. She says she knows how we feel and how we are hurting as if she has a special friendship with us. My family of four has to consider a break from our mortgage payment and we end up paying over $4000 in taxes a year with two teenage boys and me being a retired teacher. I went to get my blood pressure medication recently but my United Health Care denied my coverage because I was upping the med to twice the dose and my doctor did not deliver the proper wording. This prescription was for valsartan and for 60 tablets I would have to pay $534. So, my insurance pays that when able to and I pay $9 when insurance kicks in. The only one that makes sense is Elizabeth Warren.
Pelosi wanting the sun & the moon. It really shows you how much the Democrats care for the well being of us Citizens and voters. Unfortunately the voters in CA are too stupid to vote the dingbat out of office.
Pelosi and her other low life’s are the problem! Give the out of work people some money and forget about billions to Russia, China, the Post Office and the airline industry!
Pelosi is pure evil and should be removed. She does not help America in any way!
The whole DEMORAT Party is the Problam !!!!!!!!!!!……..
Easy for her to say. She’s not living on Social Security and struggling to get by. Welcome to the greatest country in the world.
Pelosi needs too get on her white horse and ride off in the sunset
Democraps are about to get their butts stomped on November 3rd and will have to lick their wounds! Trump and the republicans are goi
ng to win BIG!!!!
There should be a smaller stimulus package to help those who are unemployed because of shutdowns. But we have to remember, our children and grandchildren will be paying back the debt. Let’s try to be fair to everyone.
the dems are a bunch of idiots wasting our money we pay in.to start they tried to impeach trump & failed because they had no incrimanating evidence.they waisted $100s of thousands doing that when they could have been working on something positive.like fighting covid with trump instead they tried to pull his attention away or they could have been working on the stimulus.i think we need to impeach the dems. vote trump teach them dems a lesson tell them don’t
mess with with the american public the ones that actually sign your check.
THE DEMACRATS OF YESTERDAY ARE GONE! TODAYS LEFT WING LOOKS MORE LIKE SOMETHING THAT COMES OUT OF A 3RD WORLD COUNTRY TRYING TO GRAB ALL THE POWER THEY CAN GET THEIR HANDS ON! IT’S AS PLAIN AS THE NOSE ON MY FACE PELOSI IS BY FAR LOOKING OUT FOR HER OWN INTERESTS! IF YOU CHECK THE HISTORY OF HER FAIMILY TREE YOU WILL SEE WHAT I’M TALKING ABOUT! HER STATE IS DOWN THE TUBES AND THATS EXACTLY WHERE THIS COUNTRY WILL BE IF WE LET THE DEMACRATS TAKE THE WHITE HOUSE! YOU MAY NOT LIKE TRUMP BUT SINCE HE’S BEEN IN OFFICE HE HAS DONE MOREFOR THE COUNTRY THEN ANY OF THE LAST 3 PRESIDENTS! TRUMP 2020
If they cared about the millions of people hurting they would get it done
The American people is the tax payers that pay Pelosi, I’ve already voted for the one that’s made a difference already. And I’m not ashamed to call him my President of this beautiful USA that God has given us to enjoy. I vote against socialism communism and aborting our babies.
Fuck Nancy and all the Democratic..Trump 2020!! We need to get Nancy Pelosi out of office and Chuck Schumer get them all out of office Cuomo and his brother fighto..lol
POETIC JUSTICE WOULD BE IF SHE GOT COVID 19. SO SHE WOULD NOT FEEL LIKE SOME KIND OF GOD.
Is it true that there were allegations of Shumer having relations with his daughters’ 14 year old girl friend?
Democrat turned republican, I think every democrat needs tested for demensia, Alzheimer’s, or are they just plain out of their gords. And Nancy just needs to go away, she is not the end all of everything, far from the mighty redeemer she is pretending to be. Its time for our country to vote out these useless politicans, they are only out to con the american citizens and can ya see the answer ” family first” is all that matters. Really who cares as long as her and her own are taken care of. Screw real Americans that’s what I’m seeing. Trump 2020 make america great again.
Pelosi doesn’t care about anyone but herself.
She has already prepared herself.for.a.Biden win, then a way to remove Biden via the 25th amendment so Kamel-Toe Harris will role.over and do her bidding.
I bet Pelosi is the one who introduced Hunter Biden’s laptop in a way to make it look like the Republicans. She is banking on a Biden win and then tossing him out.
Nancy Pelosi is a very nasty woman if we can call her a woman she’s a drunk all she thinks about is her next drink she doesn’t care about us Americans she lies out of her mouth like it’s diarrhea she’s the worst and she has got to go we need to electe someone who will do their job correctly not be acting like a complete jerk idiot someone who is not thinking about a drink!! Anyone who doesn’t see it and who doesn’t want her out of office is just as stupid as her ass and deserves to be right next to her ass getting drunk.
Dem o rats are the communist party enough said get them out of this country boat plain or box dose not matter just do it
Nancy Pelosi is a lunatic.