Negotiations over the next stimulus package intended to improve the economy and help struggling Americans have stalled on Capitol Hill with Democrats and Trump administration officials walking away after talks broke down and devolved into partisan finger-pointing.
At a quickly scheduled news conference at his Bedminster, New Jersey, golf club Friday evening, President Donald Trump laid out the executive actions he said he would pursue if Congress does not reach a deal. Also Read– Second round of stimulus checks seem certain
No additional discussions are planned after nearly two weeks of daily meetings, and lead White House negotiators Mark Meadows and Treasury Secretary Steve Mnuchin said they were recommending Trump move ahead with a series of executive orders.
New orders could get signed by next week Trump says
The President said the executive orders could get signed “by the end of the week.” A White House official confirmed to CNN that Trump was not expected to sign any executive orders Friday night on Covid relief.
“They’re being drawn by the lawyers right now,” Trump said.
Trump said “they’re talking about” deferring the payroll tax until the end of the year. “And I can extend it at a certain period … and it will be retroactive until July 1,” he said. “I’m going to enhance unemployment benefits through the end of the year,” he added, without specifying any amount.
“When you’re having an opportunity like this to do something for the American people, it’s an opportunity, but we can’t have it be a missed opportunity to do that by settling for something so low, so beneath meeting the needs of the American people,” House Speaker Nancy Pelosi said.