Lawmakers urge Trump to prevent ‘chaos’ and sign stimulus bill

Lawmakers across the political spectrum urged President Donald Trump to sign the $900 billion coronavirus stimulus bill passed with bipartisan support last week, as millions of Americans face a loss in benefits.

Lawmakers across the political spectrum urged President Donald Trump to sign the $900 billion coronavirus stimulus bill passed with bipartisan support last week, as millions of Americans face a loss in benefits.

Trump risks being remembered for creating “chaos and misery” at the end of his term if he takes no action on two crucial and intertwined spending bills and triggers a government shutdown, Republican Senator Pat Toomey said.

The Trump administration helped negotiate the stimulus effort, and if the president believes direct stimulus checks should be increased, he should approve the current proposal and return to Congress with a request for more aid, Pennsylvania’s Toomey said on “Fox News Sunday.”

trump-listening.jpg
President Donald Trump listens during a trade meeting in the Oval Office.
Bloomberg

The $2,000-per-person checks demanded by Trump are too high for people who haven’t lost income as a result of COVID-19, Toomey said, making the case for more targeted aid.

CORONAVIRUS IMPACT: ADDITIONAL COVERAGE

Steve Prymas has over twenty years of Professional Liability experience. He was previously the Vice President, Specialty Lines Manager and Global Chief Underwriting Officer of Cyber for Gen Re where he was charged with setting strategy and growing specialty lines across Treaty and Facultative reinsurance. While at The Hartford, Steve was responsible for strategic direction, underwriting staff, and P&L of The Hartford’s management & professional liability business. His experience also includes the introduction of predictive modeling, objective risk tiering, third party data proxies, online quoting and automated cross-selling. He also chaired The Hartford's enterprise-wide Cyber Working Group.

In addition to his roles at HFP and Gen Re, Steve has spoken at and chaired several PLUS and Advisen events.

Steve’s passion for insurance started at the early age of 13 when he made change for homeowners’ payments at the petty cash register of a local insurance agency.

Steve is a graduate of Hamilton College and member of the Professional Liability Underwriting Society.

Joel is Senior Director, P&C Demand for MediaAlpha, the leading customer acquisition platform in the insurance industry. In this role, Joel leads the client-facing team that works with P&C advertisers to profitably acquire customers at scale, ensuring campaigns are highly efficient and meet client objectives.

Prior to joining MediaAlpha, Joel spent six years with Liberty Mutual, most recently as Senior Director, Marketing. Joel holds an MBA and an MS in Information Systems from Boston University.

John Mackowiak, chief revenue officer of Advyzon.

John Mackowiak is chief business development officer at Advyzon, a cloud-based platform that combines portfolio management, customizable performance reporting, trading and rebalancing, client web portals, client relationship management (CRM), client billing, and document storage.

John leads the sales and service effort and contributes to development of the Advyzon platform. Prior to working at Advyzon, he spent 12 years at Morningstar, most recently as product manager for Morningstar Office.

“I understand he wants to be remembered for advocating for big checks, but the danger is he’ll be remembered for chaos and misery and erratic behavior if he allows this to expire,” Toomey said. “The best thing to do is sign this and then make the case for subsequent legislation.”

Trump has taken no action on the stimulus bill that Congress approved last week, beyond expressing his displeasure with a series of tweets and videos over the past few days.

A group of bipartisan lawmakers, the “908 coalition,” released a statement saying Trump must either sign the emergency relief bill, or veto it outright — at which point Congress could attempt to override the veto.

“If your objection to the COVID-19 relief bill will prevent you from signing, please veto it immediately. You’ve made your position clear and rejecting it quickly will allow those in favor to act before it is too late,” the lawmakers said.

Surprise decision

On CNN’s “State of the Union,” Republican Larry Hogan, governor of Maryland, also urged Trump to back the bill, calling it “not enough” but a step in the right direction in the waning days of 2020 and the current Congress.

“Sign the bill, get it done. And then, if the president wants to push for more, let’s get that done too,” Hogan said. He added that Trump “should have weighed in” with his thoughts on the matter months ago.

Also on CNN, Representative Adam Kinzinger of Illinois, a GOP critic of Trump, suggested the standoff over stimulus and other measures, including Trump’s veto last week of a bipartisan defense bill, was done “just to create chaos and show power and be upset because you lost the election.”

Trump’s criticism of the legislation took lawmakers by surprise since it was developed with members of his administration — notably, Treasury Secretary Steven Mnuchin.

‘Immense’ suffering

“Everybody assumed, everybody, that Mnuchin was representing the White House,” Senator Bernie Sanders, an Independent of Vermont, said on ABC’s “This Week.”

Sanders, a leading progressive, has advocated $2,000 checks to help Americans cope with the “economic crisis,” but he too urged Trump not to hold up the current bill, which was passed by sizable bipartisan majorities in the House and Senate.

“What we need to do is have the president sign that bill today, right now. Or else the suffering of this country will be immense,” Sanders said.

Trump hasn’t said explicitly that he’ll veto the measure, which Toomey said he viewed as a hopeful sign. The legislation has been delivered to Trump at his Mar-a-Lago resort in Florida. Trump golfed on Sunday for the third time in four days.

The stimulus bill is in addition to a $1.4 trillion omnibus spending bill to fund the federal government, which without Trump’s signature is at risk of closing down early this week.

Democrats plan to vote Monday on new legislation to codify the $2,000 payments for most American adults and children, which is opposed by many Republicans. They also could vote on another stopgap measure to fund the government past the current spending deadline of midnight that day.