President Donald Trump has finally been able to convince House Speaker Nancy Pelosi (D-CA) to see things his way when it comes to a stimulus package to assist millions of Americans that have been and will be directly affected by the coronavirus pandemic.
The multi-billion dollar deal was finally announced by Pelosi on Friday evening after days of negotiations with Democrats that once again put the outcome of a serious situation in doubt while US leaders focused their efforts to ease the anxiety of the public to keep the market stable. The president, however, was quick in forming a plan for the American people and he said he looked forward to signing the legislation for assistance.
“I have directed the Secretary of the Treasury and the Secretary of Labor to issue regulations that will provide flexibility so that in no way will Small Businesses be hurt. I encourage all Republicans and Democrats to come together and VOTE YES!” Trump wrote in a series of social media posts.
Hours before House Speaker Nancy Pelosi announced the deal, Trump told those at a Rose Garden address that it didn’t look too promising and that he was not on board with was being discussed, while the number of coronavirus cases in the U.S. neared 2,000.
The president was so sure there would be no agreement that when the announcement was made, there was confusion throughout the Capitol as to whether Trump had actually endorsed the package the Dems presented. Treasury Secretary Steven Mnuchin, who was in charge of negotiations with Pelosi, ended the confusion around 8 p.m. when he told Fox Business that a deal had been made.
“We have an agreement that reflects what the president talked about in his speech the other night. He’s very focused on making sure that we can deal with the coronavirus,” he said.
Thankfully, the late-night talks that brought the two sides together indicated the urgency leaders are facing to take aggressive actions against the coronavirus.
“As Members of Congress, we have a solemn and urgent responsibility to take strong, serious action to confront and control this crisis and to put Families First and stimulate the economy,” Pelosi wrote in a letter to Democratic members announcing the deal.
The pandemic has hit the whole world hard, even here at home. The stock market is fluctuating, small businesses and large companies are all struggling…and even major sporting and political events around the country have been canceled.
The agreement announced Friday will ease some of the economic stress on our country by offering financial assistance like unemployment and paid leave benefits to those hit directly. It will also ease fears and calm some of the public’s anxiety about the situation about how they will take care of their families. Thankfully, politicians were able to put aside differences and quickly unite behind an emergency response that will benefit the citizens.