But on Monday Treasury Secretary Steven Mnuchin appeared on CNBC and told viewers that the White House is still open to a stimulus bill that includes stimulus checks, another round of forgivable PPP loans, and money for schools and hospitals.
As talks on a COVID-19 relief deal remain stalled as of Monday, Senate Minority Leader Chuck Schumer (D-N.Y.) called on the White House and top Republicans to come to an agreement.
The Democratic leader has been here before, negotiating a deal with the White House to save the US economy, and lessons from the Great Recession are now punctuating the coronavirus talks. Chuck Schumer, Aug. 7, 2020.
"But what we're not going to deal with, where there's really bad policy ideas".
Yesterday, both Pelosi and Mnuchin appeared willing to consider a narrower deal that would extend some aid until the end of the year, and then revisit the need for more federal assistance in January.
Schumer, on ABC's "This Week" show, described Trump's directives as "paltry", "unworkable", "weak" and "far too narrow" a solution to assist the flagging USA economy and the economic needs of millions of out-of-work Americans.
But Schumer said Trump's executive orders are unrealistic, lack scope, and will take too long to implement. "Both in the weakness of the President's executive orders - which don't give the money, enhanced benefits - but puts a complicated formula there which will take a while, if at all, to accomplish, to put money in the pockets of the American people".
Treasury Secretary Steven Mnuchin on Sunday said COVID-19 stimulus negotiations remained at a standstill over Democratic lawmakers' consistent push for nearly $1 trillion in aid to state and local governments whose budgets have been battered during the pandemic. Already, the Department of Labor is telling governors that Trump's promised $400 weekly jobless benefit boost will actually amount to just $300 if states are unable to provide the rest, according to information obtained Monday by The Associated Press.
Pelosi shared similar remarks on CNN on Sunday morning, pointing out that states have been hit hard by the coronavirus and are in some cases facing tremendous budget shortfalls.
"If Democrats want to challenge us in court and hold up unemployment benefits to those hard-working Americans that are out of a job because of COVID, they're going to have a lot of explaining to do", Mnuchin said on Fox News Sunday.
"The president has wanted to destroy the Post Office", Schumer said.
Schumer told ABC News' George Stephanopolous that Trump's payroll tax deferral will leave employees with "a huge bill" upon expiration.
The virus shows no signs of easing, with more than 5 million infections and 160,000 deaths nationwide and stark new evidence that many Americans' jobs may never return.
"Clearly, you don't have an understanding of what is happening here", Pelosi said.
Trump's move came as the number of USA cases of Covid-19 rose past five million.
Mnuchin told Fox that Democrats refuse to negotiate on state and local aid and enhanced unemployment benefits, but that on nearly every other issue "we've come to an agreement".
President Donald Trump speaks during a news conference in the James Brady Briefing Room of the White House in Washington on July 30, 2020. The money would need to be paid back eventually unless Congress acts to write off the deferred taxes. One, what they proposed and second what's left out.
Payroll tax cut may be permanent.
Trump also called on companies to defer withholding payroll taxes, but those taxes were merely postponed, not eliminated.
Senate Majority Leader Mitch McConnell accused the Democrats of "hostage taking".