• Trump threatens to not sign COVID-19 bill, wants bigger stimulus checks

    23 Dec 2020 | Economic News
 

·         Trump threatens to not sign COVID-19 bill, wants bigger stimulus checks


President Donald Trump threatened on Tuesday to not sign an $892 billion coronavirus relief bill that includes desperately needed money for individual Americans, saying it should be amended to increase the amount in the stimulus checks.

 

Trump said he wants Congress to increase the amount in the stimulus checks to $2,000 for individuals or $4,000 for couples, instead of the “ridiculously low” $600 for individuals that is in the bill.

 

Trump also complained about money provided for foreign countries, the Smithsonian Institution and fish breeding, among other spending that is in the part of the legislation to fund the U.S. government.

 

A bill can be amended if congressional leadership wants to do so. If they don’t, Trump’s choices are to sign the bill into law, veto it, or do nothing and let it become law.

 

If the bill is amended, doing so by Dec. 28 could be very difficult. It took months for the parties to agree to the thousands of elements in not only the coronavirus aid part, but the $1.4 trillion agreement to fund much of the U.S. government.

 

Even if leadership wants to amend the bill, it still would have to be voted upon by the full House and Senate. Also, many Republicans might balk at the $2,000 direct payments because that would boost the cost of the bill to well over $trillion.


Reference: Reuters


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