President Donald Trump halted negotiations for a coronavirus stimulus bill last week, but has changed his tune in the days since, once again encouraging Congress to make a deal.
Meanwhile, Michigan residents and businesses sit idle, pleading for federal help.
“For small businesses to survive, we need immediate and direct financial support,” said Gricelda Mata, CEO of Lindo Mexico Restaurante near Grand Rapids. “That’s why it’s so frustrating to see the president of the United States cease negotiations until after the election.”
Trump argued in an Oct. 6 that the Democrats weren’t negotiating in good faith, saying “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 hard-working Americans and small business.”
Negotiations will continue Monday between Treasury Secretary Steven Mnuchin and Speaker of the House Nancy Pelosi, D-California, according to CBS News.
The sticking point has been, Democrats are pushing for a broader package while Republicans are seeking a smaller bill. Republicans have compromised up to a $1.8 trillion package while Democrats have compromised down to a $2.2 trillion deal.
Potential aid being discussed includes a second $1,200 stimulus check for Americans earning less than $75,000, a second round of Paycheck Protection Program forgivable loans for businesses, aid for the airline industry, restoring the extra $600 per week (or a lesser, compromised amount) for unemployed workers and more.
Business funding can’t wait until after the election, Mata said. While her restaurant has pivoted because of the pandemic, it’s one of many Michigan businesses that need help to keep up payroll.
“Before the pandemic, we