Thursday, October 8, 2020

Orange Meltdown, Con't

Apparently Senate Republicans have made it clear that Trump killing COVID-19 aid will cost the GOP the Senate and any cover to save Trump's ass, and that's enough to motivate him to come crawling back to the bargaining table with Nancy Pelosi.

President Donald Trump on Wednesday tried to salvage a few priority items lost in the rubble of COVID-19 relief talks that he blew up, pressing for $1,200 stimulus checks and new aid for airlines and other businesses hard hit by the pandemic.

In a series of tweets, Trump pressed for passage of these chunks of assistance, an about-face from his abrupt and puzzling move Tuesday afternoon to abandon talks with a longtime rival, House Speaker Nancy Pelosi. The California Democrat has rejected such piecemeal entreaties all along. But Pelosi did talk with Treasury Secretary Steven Mnuchin Wednesday evening, her spokesman said, about stand-alone airline rescue legislation as the industry is shedding tens of thousands of jobs.

Trump’s tweets amounted to him demanding his way in negotiations that he himself had ended. Trump, who absorbed much political heat for abandoning the talks, is the steward of an economy whose continued recovery may hinge on significant new steps such as pandemic unemployment benefits. His tweets seemed to move the financial markets into positive territory, though it was far from certain whether they would impress voters demanding more relief.

He called on Congress to send him a “Stand Alone Bill for Stimulus Checks ($1,200)” — a reference to a preelection batch of direct payments to most Americans that had been a central piece of negotiations between Pelosi and the White House.

“I am ready to sign right now. Are you listening Nancy?” Trump said on Twitter on Tuesday evening. He also urged Congress to immediately approve $25 billion for airlines and $135 billion for the Paycheck Protection Program to help small businesses.

The stock market fell precipitously after Trump pulled the plug on the talks but was recovering Wednesday after he floated the idea of piecemeal aid.

Trump’s decision to scuttle talks between Treasury Secretary Steven Mnuchin and Pelosi came after the president was briefed on the landscape for the negotiations — and on the blowback that any Pelosi-Mnuchin deal probably would have received from his GOP allies in Congress.

“It became very obvious over the last couple of days that a comprehensive bill was just going to get to a point where it didn’t have really much Republican support at all,” White House chief of staff Mark Meadows said Wednesday on Fox News. “It was more of a Democrat-led bill, which would have been problematic, more so in the Senate than in the House.”

Pelosi told reporters that “all the president wants is his name on a check” for direct aid payments.

The unexpected turn could be a blow to Trump’s reelection prospects and comes as his administration and campaign are in turmoil. Trump is quarantining in the White House with a case of the coronavirus, and the latest batch of polls shows him significantly behind Democrat Joe Biden with the election four weeks away.
 
Trump's increasingly erratic and destructive behavior is one of those things where normally you'd say "If your opponent is busy destroying themselves, don't interrupt" but the problem of course is that he's taking tens of millions of Americans to hell with him.

We'll see wha happens here, but Trump's all over the place at this point with his own lunacy and the steroid cocktail he's on and the illness, so who knows at this point.

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