Trump insists on paying $2,000… ‘Corona stimulus package’ increased confusion

The Democratic House of Representatives is scheduled to be processed alone

Republicans are negative about fiscal deficit concerns

The possibility of shutting down due to budgetary processing

One in 1,000 US confirmed deaths

US President Donald Trump. /Reuters Yonhap News

US President Donald Trump has once again insisted on paying $2,000 in cash (about 2.2 million won) in connection with additional stimulus measures for the novel coronavirus infection (Corona 19). As President Trump took time without signing the bill, uncertainty is growing in the U.S. economy, which is being hit by corona 19 reproliferation and fears of a variant virus.

According to CNBC, a US economy broadcaster on the 26th (local time), President Trump posted on his Twitter on the day, “not $600, but $2,000, and an additional $2,000 to other family members.” ”Posted.

Earlier, Congress passed an additional Corona 19 stimulus package worth $892 billion based on a $600 cash payment per person. But President Trump rejected him saying he needed to raise the amount.

The Democratic Party is positive about the $2,000 increase. Democratic House Speaker Nancy Pelosi is planning to re-determine an alternative proposal that includes a $2,000 payment.

On the other hand, Republicans, which are concerned about a large fiscal deficit, are negative. Republican Senate Steering Committee Chair Roy Blunt said “(alternative) won’t pass the Senate.”

Because of this, the confusion surrounding the stimulus package is growing. The federal government shuts down (closed) on the 29th if President Trump does not sign or veto, as Congress has decided to bundle additional stimulus measures and the federal government budget for fiscal year 2021 (October 2020 to September 2021). . Of course, Congress could organize an additional provisional budget to avoid catastrophe, but for now, President Trump has not made a clear stance on whether he will officially veto the law or will automatically abolish the bill after taking no action.

The additional unemployment benefits that had been paid after the Corona 19 incident were also cut off. The New York Times (NYT) said, “The COVID-19 stimulus package includes an extension of unemployment benefits until March next year and an additional $300 per week,” he said. “The temporary cessation of unemployment benefits for millions of Americans is inevitable.”

In this case, an additional blow to the US economy, which was already slowing, is expected. In fact, vaccination has begun in the United States, but the number of corona19 patients and deaths is increasing rapidly. The cumulative death toll of Corona 19 in the United States reached 331,000 on that day. CNN reported that one in 1,000 Americans died based on cumulative deaths and population estimates (330 million).
/New York = Correspondent Kim Young-pil [email protected]

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