US President Donald Trump has tweeted that ended until after the Nov. 3 presidential election. , said Tuesday he has rejected House Speaker Nancy Pelosi’s request for $2.4 trillion dollars.have
“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.
The president claimed the Democrats’ requested $2.4 trillion would be used to “bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19.”
Trump added he’s instead asked Senate Majority Leader Mitch McConnell to “focus full time on approving my outstanding nominee to the United States Supreme Court, Amy Coney Barrett.”
While Trump’s tweets added the stock market is at “record levels,” the Dow dropped almost 400 points following his announcement of stimulus talks breaking down.
The president’s announcement comes despite a pro-stimulus tweet from three days ago while he was hospitalized at Walter Reed National Military Medical Center. “Our great USA wants and needs stimulus. Work together and get it done. Thank you!”
The first stimulus payment sent out in March was for up to $1,200 per adult, but a second stimulus check could be larger or smaller, depending on whether your financial circumstances have changed or if the qualifications for dependents are broadened.
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