President Donald Trump signed the bipartisan coronavirus aid package worth $ 900 billion on Sunday.
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4 min read
This story originally appeared on Business Insider
President Donald Trump signed the $ 900 billion coronavirus bailout on Sunday after previously threatening to reject it because there were no major stimulus payments.
Trump unexpectedly pulled out after sustaining the bill for several days and allowing two federal unemployment programs to expire on Saturday for around 14 million Americans. He had heavily criticized the legislation as a "disgrace".
Trump on Tuesday suggested not signing coronavirus relief laws unless there were significant adjustments to the size of the stimulus checks. He asked Congress to approve an increase from the current $ 600 per person to $ 2,000.
Trump never made this public announcement during the tumultuous negotiations between the leaders of Congress who ultimately forged the federal bailout package this month.
In his statement on Sunday, the president said he wanted "far less wasteful spending and more money for the American people in the form of $ 2,000 checks per adult and $ 600 per child," adding that he had "many resignations" on the bill demand.
"I will sign the Omnibus and Covid package with a strong message that will make it clear to Congress that wasteful items must be removed," Trump said. "I will be sending a redrafted version back to Congress, point by point, along with the formal resignation to Congress, which insists that these funds be removed from the bill."
Legislators are likely to reject the motion given that Trump has less than a month in his presidency. None of his demands were met.
"I'm signing this bill to restore unemployment benefits, stop evictions, provide rental support, add money for PPP, get our airline employees back to work, add significantly more money to distribute vaccines, and much more," he continued away.
Democrats were quick to attack the president for upholding the legislation, warning the delay could have dire ramifications for people struggling to make ends meet. According to experts, Trump's refusal to sign the legislation cut the unemployment benefit from $ 300 for a week.
"Donald Trump's tantrum has resulted in a loss of unemployment benefits and cost millions of unemployed a weekly income," Oregon Senator Ron Wyden said in a statement. "In addition, there may be a week-long delay before the benefits come back online."
"While it is a great relief that the bill was signed, Donald Trump's tantrum has created unnecessary trouble and stress for millions of families," said Wyden.
The coronavirus aid package negotiated included $ 600 stimulus payments for Americans, $ 300 weekly unemployment benefits through mid-March, $ 25 billion in rental benefits, and help for small businesses, and funding for education and vaccine distribution.
Both chambers passed the federal rescue package on Monday together with a state financing law with strong support from both parties. The president's approval of the massive tax and spending bill will also prevent a government shutdown on Tuesday that would have shut down many federal agencies during a pandemic.
The signing was preceded by political maneuvers in Congress. House Republicans blocked an attempt by Democrats to push $ 2,000 direct payments Thursday morning. Spokeswoman Nancy Pelosi heavily criticized the move, saying in a statement that she was preparing a vote on the legislation on Monday to increase her size.
Trump also faced mounting pressure from Republicans to allay his concerns and approve economic relief legislation: "You won't get everything you want even if you're the President of the United States," said Senator Pat Toomey of Pennsylvania to "Fox" News Sunday. "
"I think he should sign this bill and then settle the case. Congress can pass another bill," Toomey said. "But we just have a bill that his government supported in the negotiations. I think we should do that."