Bungled negotiations over the next stimulus package and a resurgence of coronavirus infections are threatening the U.S. economic recovery, creating problems for President Trump as he charts the path forward for his reelection campaign.
The White House and Congress remain far from a deal negotiations over the next stimulus package, even as expanded unemployment benefits and a federal moratorium on evictions expire, though the two sides touted progress following an unusual weekend meeting.
The White House has sought to blame Democrats for the failure to reach a short-term deal to extend the employment benefits and pause evictions, but Republicans waited weeks to begin formal negotiations and have yet to come together on a package themselves. Continue reading.