US President-elect Joe Biden warned on Saturday of “devastating consequences” if President Donald Trump continues to delay the signing of a law passed by Congress to provide economic relief from Covid-19.
Trump cast doubt on a long-awaited pandemic relief package last week as millions of Americans stood ready to lose benefits and face the eviction. Legislators asked for more than three times the $ 600 direct payments to US taxpayers.
“This waiver of responsibility is devastating. Today, approximately 10 million Americans will lose unemployment insurance benefits,” Biden said in a statement.
“In just a few days, government funds will run out, jeopardizing vital services and paychecks for military personnel. In less than a week, an eviction moratorium will expire that puts millions at risk of being evicted from their homes over the holidays.”
In a video late Tuesday, Trump, due to step down in less than a month, described the $ 900 million bill as “a shame” – even though it was passed by a large bipartisan majority on Monday after months of negotiations.
Legislation should provide a lifeline to businesses and people struggling to keep their heads above water.
But in a recorded statement made at the White House and posted on Twitter, Trump said he would refuse to take the bill without changes.
“I’m asking Congress to amend this bill and increase the ridiculously low $ 600 to $ 2,000 or $ 4,000 for a couple,” he said.
The move brings Trump into conflict with Senate Republican majority leader Mitch McConnell and house minority leader Kevin McCarthy, who have ruled out major incentive measures.
The Democrats failed to get stand-alone action by Congress on Thursday to increase payments to all taxpayers who earn up to $ 75,000 a year, while smaller amounts for those who make up to $ 99,000.
“Delay means more small businesses won’t survive this dark winter because they don’t have access to the lifeline they need, and Americans face further delays in getting the direct payments they deserve as soon as possible to get through Covid caused economic havoc to deal with 19, “added Biden.
(Except for the headline, this story was not edited by GossipMantri staff and published from a syndicated feed.)