1/ Negotiations over a new coronavirus relief package failed after the Trump administration rejected a Democratic offer to compromise on the $1 trillion Republican plan and their $3.4 trillion plan. Treasury Secretary Steven Mnuchin, however, called the offer a “non-starter.” Mnuchin and White House chief of staff Mark Meadows said they would recommend that Trump move ahead with executive orders to suspend payroll taxes, extend eviction protections, boost unemployment benefits, and help student loan borrowers. Trump, meanwhile, tweeted that “Pelosi and Schumer only interested in Bailout Money for poorly run Democrat cities and states. Nothing to do with China Virus! Want one trillion dollars. No interest. We are going a different way!” (Bloomberg / Politico New York Times / The Hill / CNN / Washington Post)
This is a companion discussion topic for the original entry at https://whatthefuckjusthappenedtoday.com/2020/08/07/day-1296/