Happy Friday and welcome back to On The Money. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.
THE BIG DEAL-Trump fuels and frustrates COVID-19 relief talks: Washington is waiting for President Trump to make up his mind on coronavirus relief.
In one week, the president has shifted from chief cheerleader for a massive deal to principal pessimist undermining any such agreement – only to reverse course yet again on Friday in urging the top negotiators to “go big” in securing a package he can sign before the elections.
“I would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering,” he said in a two-hour interview with the conservative radio host Rush Limbaugh.
What’s going on?
- The stunning 360-degree turn has given rise to new hopes that after weeks of stalled talks the White House and Democrats can unite to pass emergency relief.
- States, families and businesses are being crushed under the weight of a pandemic that’s already killed more than 210,000 Americans and left millions more unemployed.
- Yet Trump’s message is not only at odds with statements he made just days ago, but also contradicts those from Senate Republicans and some of his own White House aides.