In a sharp turn of event at the White House after the US President Donald J Trump arrived from Walter Reed, A new political standoff begun.
President has made an announcement over Twitter, that negotiations with house speaker Nancy Pelosi on $2.4 Trillion Dollars bailout has failed. Hence President Trump has rejected it.
President said “Nancy Pelosi is asking for $2.4 Trillion Dollars to bailout poorly run, high crime, Democrat States, money that is in no way related to COVID-19.
We made a very generous offer of $1.6 Trillion Dollars and, as usual, she is not negotiating in good faith. I am rejecting their request, and looking to the future of our Country.
I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business.
I have asked the US Senate Majority Leader Mitch McConnell not to delay, but to instead focus full time on approving my outstanding nominee to the United States Supreme Court, Amy Coney Barrett.
Our Economy is doing very well. The Stock Market is at record levels, JOBS and unemployment also coming back in record numbers. We are leading the World in Economic Recovery, and THE BEST IS YET TO COME!”
Share Market has reacted sharply to the president tweet and crashed by at least 157 Points.
