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.”

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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

Dan Healey is the head of HR at SAP North America.

James Katz is the founder and CEO of Humankind Investments. He is an experienced quantitative equity analyst and data scientist, having worked as an analyst at Vanguard prior to founding Humankind, and holds a PhD from Stanford University's Graduate School of Business.

For more than 20 years, Kenneth Saldanha has served the world’s leading P&C, life and reinsurance companies as a trusted advisor and strategy expert. He has helped clients improve their core operations, grow revenue and adopt innovative strategies, even in the most challenging market and economic conditions.

Kenneth now leads Accenture’s global insurance practice, guiding integration of digital, analytics, experience design and workforce solutions, and driving large-scale transformations that help clients reduce structural costs and grow revenue. With his deep understanding of insurance industry economics and market dynamics, he is uniquely positioned to help insurers navigate the challenges of both disruption and convergence with adjacent industries, such as travel, health and freight & logistics.

Kenneth previously led Accenture’s strategy practice in North America. He joined Accenture in 2013 from McKinsey, where he headed the global and North America practices for insurance claims and operations.

Kenneth earned a Ph.D. from the University of Chicago in 1998. He lives in Minneapolis with his wife and the youngest of their three children.

“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.