On Thursday, President Donald Trump declared that he is willing to go even higher than the current $1.8 trillion stimulus package offer, as the White House continues to negotiate the bill with Democrats.
“Absolutely, I would. I would pay more. I would go higher. Go big or go home, I said it yesterday. Go big or go home,” Trump told Fox Business.
While he didn't specify an amount, he did confirm that he told Treasury Secretary Steven Mnuchin to offer House Speaker Nancy Pelosi a larger amount, but “so far he hasn’t come home with the bacon.”
He also added that he will not agree to Pelosi's offer of $2.2 trillion, as she is looking to "bail out" Democrat run cities that are in trouble for reasons not related to the pandemic.
“She is asking for all sorts of goodies. She wants to bail out badly run Democrat states and cities. She wants money for things that you would never, you just couldn’t, just your pride couldn’t let it happen,” Trump said.
“The Republicans are willing to do it. I’d like to see more money, because it comes back. It’s going to come back anyway,” Trump continued. “We’re going to take it from China. It’s coming out of China. They’re the ones that caused this problem.”
The Hill reports:
In a separate interview on CNBC, Mnuchin said that the White House would not allow differences on language for testing derail the negotiations, which have ebbed and flowed since late July without a resolution.
“That issue is getting overblown,” Mnuchin said on CNBC. “We’ve agreed to $178 billion overall for health. It’s an extraordinary amount of money. We’d agreed with the Democrats with $75 billion going to testing, contact tracing.”
“What we have been focused on is the language around testing,” he continued. “When I speak to Pelosi today, I’m going to tell her that we’re not going to let the testing issue stand in the way. We’ll fundamentally agree with their testing language subject to some minor issues. This issue is being overblown.”
Their remarks followed the release of new Labor Department data showing that the initial jobless claims for the week ending Oct. 10 spiked to 898,000, the highest level in seven weeks. The data underscored the continued weakness of the U.S. economy, as businesses and workers feel the devastating impact of the coronavirus and related closures.
Mnuchin and Pelosi have held daily discussions on a potential deal and are expected to speak again on Thursday.
Pelosi is the only one holding up the deal.
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