USA-president-2020

Nancy Pelosi isn't happy with White House's $1 Trillion relief package!!

House Speaker Nancy Pelosi dismissed the Trump administration’s idea to limit the next coronavirus relief package to $1 trillion. On Thursday, she argued that with the latest spike in cases the Congress will have to approve at least double the amount as that of the White House’s $1 trillion. Speaking in her news conference, Pelosi said - “One trillion dollars for the coronavirus relief package is OK, that’s an interesting starting point. But that doesn’t come anywhere near.” This will be the fifth relief package since the coronavirus pandemic shook the world, originating from China. Pelosi and the Congressional leaders are gearing up to draft the fifth package to help the US economy. The relief package will also help to infuse cash into health departments to control the spread of the virus.

While the Congressional leaders are at the early stages of drafting the package, Democrats and Republicans have different opinions altogether. They are questioning the White House about their ability to come up with a stimulus package in the next three weeks. As per the process, Congress needs to approve the relief package and then send it to President Donald Trump’s approval by the end of this month. Members of Congress are scheduled to depart for their August recess. So, the stimulus must be approved before the end of the month without any delay. With disagreements among the White House, House Speaker, and the Congress members, the approval seems to be a distant dream for Trump’s administration.

One of the top aides to Vice President Mike Pence confirmed that the White House wants Congress to limit the size of the stimulus package to $1 trillion. “Over the past few months there’s been a lot of stimuli that have been released for the common man, and so the price tag for us would be $1 trillion this time,” said March Short to Bloomberg Radio, who is the chief of staff to Vice President Mike Pence. But as per the House Speaker & Democrats, the $1 trillion is a nonstarter who passed their own $3 trillion package in the mid of May, which was ignored by the Republicans. Making her point clear, Pelosi said - “Oh, it can only be a trillion dollars? No, we need a trillion dollars or more for state and local. We need another trillion dollars for unemployment insurance and direct payments.”

Dr. Dhillon Randeep

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