House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer announced at a news conference on Friday that they had offered to "go down a trillion" from their top-line number of $3.4 trillion, if Republicans would go up $1 trillion from their initial offer of $1 trillion. … [Read more...] about White House rejects Democrats’ offer for $2 trillion stimulus price tag
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The Hill’s 12:30 Report: White House, Dems debate coronavirus relief package
Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellCoronavirus talks on life support as parties dig in, pass blame Jobs report poised to light fire under COVID-19 talks Overnight Health Care: Ohio governor tests positive for COVID-19 ahead of Trump's visit | US shows signs of coronavirus peak, but difficult days lie ahead | Trump: COVID-19 vaccine may be ready 'right around' Election Day MORE (R-Ky.) has decided not to directly participate in coronavirus relief negotiations between White House officials and Democratic leaders, a move that some colleagues see as odd. https://bit.ly/3gxrJnK … [Read more...] about The Hill’s 12:30 Report: White House, Dems debate coronavirus relief package
Pelosi, Schumer say White House declined $2T coronavirus deal
Speaker Nancy PelosiNancy PelosiCoronavirus talks on life support as parties dig in, pass blame On The Money: Pessimism grows as coronavirus talks go down to the wire | Jobs report poised to light fire under COVID-19 talks | Tax preparers warn unemployment recipients could owe IRS Top Democrats say postmaster confirmed changes to mail service amid delays MORE (D-Calif.) said that as part of a closed-door Thursday meeting, Democrats offered to reduce their $3.4 trillion price tag by $1 trillion if Republicans would agree to raise their roughly $1 trillion package by the same amount. … [Read more...] about Pelosi, Schumer say White House declined $2T coronavirus deal
Leaked White House Analysis Says AHCA Would Be Even Worse Than Predicted
One senior administration official, speaking on the condition of anonymity to describe internal discussions, said the White House is weighing ideas for a “significant” manager’s amendment to the bill before it hits the House floor next week. Officials would like the changes — which would likely be offered in the House Rules Committee — to appease some conservatives.Possible modifications being considered include phasing out the Medicaid expansion quicker, from the current Dec. 31, 2019 date to the beginning of 2018, and moving changes supposed to occur in the insurance market from 2020 to 2018.“I think the changes that the conservatives want are more and more likely,” said a second White House official. Republicans can only afford to lose 21 votes in the House and two in the Senate. Implementing AHCA as soon as possible may appease the roughly 40 members of the House Freedom Caucus who are threatening to kill the bill. But that would also … [Read more...] about Leaked White House Analysis Says AHCA Would Be Even Worse Than Predicted
White House: ‘China Has A Lot More To Lose’ In A Trade War
President Donald Trump, in accordance with the provisions of Section 301 of the Trade Act of 1974, decided Friday to impose steep tariffs of 25 percent on critical Chinese products worth an estimated $50 billion annually, leading China to return fire with the threat of reciprocal tariffs on American goods. Troubled by China’s reaction, the president announced Monday that he has directed the Office of the U.S. Trade Representative to “identify $200 billion worth of Chinese goods for additional tariffs at a rate of 10 percent.” (RELATED: Trump Threatens To Hit China With Tariffs On $200 Billion Worth Of Goods) … [Read more...] about White House: ‘China Has A Lot More To Lose’ In A Trade War
