Tag: Trump

McConnell says Senate GOP will vote on targeted relief, but Trump calls for big stimulus plan

  • Senate Majority Leader Mitch McConnell said Senate Republicans would vote on “targeted relief” with a focus on small business aid later this month.
  • “Our first order of business will be voting again on targeted relief for American workers, including new funding for the PPP,” McConnell said in a statement.
  • The statement carried few specifics and it was unclear whether the proposal would contain federal unemployment benefits or $1,200 direct payments for taxpayers.
  • Trump is increasing his calls for another large stimulus package ahead of the election, and it may put the president and Senate Republicans on a collision course.
  • Visit Business Insider’s homepage for more stories.

Majority Leader Mitch McConnell announced on Tuesday the Senate will vote on a “targeted relief” plan for people with an emphasis on small business aid shortly after they reconvene later this month. But that may put Senate Republicans on a collision course with President

Read More

Where COVID-19 stimulus talks stand after new Trump offer

Lawmakers’ on-again, off-again stimulus talks were revived over the weekend after President Donald Trump’s administration put forth a $1.8 trillion offer — but a deal on another coronavirus relief package remains in limbo.

The president last week called off negotiations and shifted the focus to confirming his Supreme Court nominee Amy Coney Barrett, a move heavily criticized by Democrats in Congress.

“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,” Trump tweeted Oct. 6.

The White House pivoted on its stance days later by offering its costliest plan yet.

Its $1.8 trillion proposal includes another round of $1,200 stimulus checks like those sent to Americans under the CARES Act in the spring and a $400 weekly boost to unemployment benefits among other things, according to NBC News.

Read More

Will Joe Biden Raise Taxes on People Making Less Than $400,000? Trump, GOP Criticize Proposal

Nonpartisan tax groups and critics of President Donald Trump alike have rebuked a repeated claim by Ronna McDaniel, chair of the Republican National Committee, that Joe Biden intends to raise taxes on “82 percent of Americans.”



Mike Pence wearing a suit and tie: Vice President Joseph Biden, (R), shakes hands with Vice President-elect Mike Pence, at the Naval Observatory, on November 16, 2016 in Washington, DC. Vice President Biden and his Wife, Dr. Jill Biden, hosted a luncheon for Vice President-elect Pence and his wife Karen.


© MARK WILSON / Staff/Getty Images
Vice President Joseph Biden, (R), shakes hands with Vice President-elect Mike Pence, at the Naval Observatory, on November 16, 2016 in Washington, DC. Vice President Biden and his Wife, Dr. Jill Biden, hosted a luncheon for Vice President-elect Pence and his wife Karen.

McDaniel’s false claim Sunday prompted Biden staff and supporters to highlight that Biden’s proposed tax plan promises never to raise taxes on any American who makes less than $400,000 per year. McDaniel shared on Twitter a Sunday interview in which Biden campaign co-chairman Rep. Cedric Richmond reiterated that middle-class Americans will not be hit with new taxes. McDaniel dismissed Richmond’s statement and instead pointed toward

Read More

Cap Times Idea Fest: Bob Woodward assesses Trump, Biden and the state of journalism | Local Government

Woodward said during his discussions with Trump, Trump consistently emphasized that Biden is impaired and has slowed down. Woodward agreed, in part.

 “He has slowed down a little bit. He’s hesitant on some things,” Woodward said. Conversely, “Trump just goes right to the throat.”

When asked about similarities and differences between President Richard Nixon and Trump and the impeachment proceedings earlier in the year, Woodward was unequivocal: “Nixon was a criminal and a proven criminal. No one has pinned a crime on Trump.”

A big difference, Woodward said, was the component of premeditation.

“A crime, as we know, required premeditation almost always. Particularly political crimes, you have to plot. Trump doesn’t plot. He doesn’t premeditate. It’s all the impulse,” he said.

When Robert Mueller began his special investigation, Woodward said he was pretty confident there would be no smoking gun because “Trump doesn’t think or act that way.”

When it

Read More

Kudlow says Trump may offer larger stimulus than Democrats’ proposal

White House economic adviser Larry Kudlow said on CNN’s “State of the Union” Sunday that President Trump may propose a coronavirus stimulus package with an even larger price tag than the $2.2 trillion legislation that House Speaker Nancy Pelosi has offered.

Why it matters: It’s highly unlikely that a bill in the neighborhood of $2 trillion, let alone more than that, would win the support of Senate Republicans. Senate Majority Leader Mitch McConnell said Friday that a stimulus deal is “unlikely” before the election.

The state of play: After calling off the negotiations via tweet last week, Trump has now raised his offer to $1.8 trillion, spooked by the market reaction to his move and desperate to inject stimulus into the economy before the election.

  • Pelosi said the proposal was “one step forward, two steps back,” accusing the administration of failing to include public health measures in the package that
Read More

Mike Pence campaigns for Trump in Orlando

Vice President Mike Pence campaigns for Trump in Central Florida


Hide Transcript
Show Transcript

Yeah, well, hello, Florida. Yeah. President Juan Carlos Amnesty. It was wonderful. Daughter Carlina for the students and faculty here. It’s Central Christian University State Committeewoman Debbie Galvin, my fellow Americans. It is great to be back in the Sunshine State with some great Americans were going to drive a victory here in Florida and all across America. Thank you. Latinos for Trump. You want your life, E love? I love it because I’m here for one reason and one reason only is it Florida and America need forem or years of President Donald Trump in a it’s on and the road to victory runs right through Florida. Okay, it really is great to be with you all. And if you got to see, you could take it. I

Read More

Trump administration’s latest Covid relief proposal to Dems gets closer, but hurdles remain

WASHINGTON — Details of the Trump administration’s $1.8 trillion offer to House Speaker Nancy Pelosi for Covid-19 relief legislation obtained by NBC News reveal that they have moved closer to the Democrats’ position — but major hurdles still remain.

The new offer increases the topline number, adds money for food, mortgage, and rental assistance, increases the amount for federal response to the pandemic, unemployment insurance, and direct payments to Americans.

Pelosi, D-Calif., told her members in a letter Saturday morning that the proposal is “insufficient.”

And on the other side of the Capitol, Senate Republicans on Saturday expressed their deep displeasure with the administration’s price tag of nearly $2 trillion in a phone call with Treasury Secretary Steve Mnuchin and White House chief of staff Mark Meadows, according to three sources familiar with the phone call.

Any deal would have to pass the Republican-led Senate and time is running out

Read More

Trump planning campaign event at the White House

CLOSE

Donald Trump insisted on Thursday he was ready to resume campaign rallies and felt “perfect” only one week after his Covid-19 diagnosis.

Video Elephant

Sidelined from the trail because of his bout with coronavirus, President Donald Trump is planning to hold a campaign event at the White House this weekend, a person with knowledge of the event told USA TODAY.

Trump expects to speak from a balcony at the White House on Saturday, said the official, who spoke on the condition of anonymity. Details were not immediately clear.

Planning for the event comes as the White House has been criticized for hosting an official ceremony last weekend on the South Lawn from which many attendees later tested positive for the virus. Dr. Anthony Fauci described that event, to mark the nomination of Judge Amy Coney Barrett to the Supreme Court, as a “super spreader.”

Trump has also faced criticism

Read More

Trump Wants ‘More Money at His Discretion’ in Latest COVID Stimulus Proposal: Pelosi

House Speaker Nancy Pelosi suggested there are still several disagreements between House Democrats and the Trump administration on the latest coronavirus relief package, writing that Donald Trump “wants more money at his discretion to grant or withhold” in a letter to Democratic colleagues Saturday regarding the president’s latest proposal.



a person wearing a suit and tie: Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8.


© Photo by ANDREW CABALLERO-REYNOLDS/AFP/Getty
Speaker of the House, Nancy Pelosi, Democrat of California, leaves after her weekly press briefing on Capitol Hill in Washington, DC, on October 8.

“When the President talks about wanting a bigger relief package, his proposal appears to mean that he wants more money at his discretion to grant or withhold, rather than agreeing on language prescribing how we honor our workers, crush the virus and put money in the pockets of workers,” Pelosi wrote. “At this point, we still have disagreement on many priorities, and Democrats are awaiting language from the Administration on several provisions

Read More

Trump Administration Announces Overhaul of H-1B Visa Program

WASHINGTON—The Trump administration announced an overhaul of the H-1B visa program for high-skilled foreign workers that will require employers to pay H-1B workers significantly higher wages, narrow the types of degrees that could qualify an applicant and shorten the length of visas for certain contract workers.

The changes, introduced by the Departments of Labor and Homeland Security on Tuesday, will likely make it tougher to qualify for one of the coveted visas.

Ken Cuccinelli, the No. 2 official at DHS, said on a news conference call Tuesday that he expects about one-third of H-1B visa applications would be rejected under the new set of rules.

Mr. Cuccinelli and Patrick Pizzella, the deputy secretary of labor, said the changes were necessary to protect American workers, whom the administration believes are being undercut by foreign workers on H-1B visas who are paid lower wages to perform similar jobs.

“America’s immigration laws should

Read More