Saturday, Aug. 8th, 2020
Stimulus bill talks hit another dead end after 2 weeks of negotiations Congressional Democrats and White House leaders were again unable to agree on terms for the next CARES Act on Friday, closing out a second week of negotiations while remaining gridlocked. Democrats don’t have the votes to support any bill under $2 trillion and Republicans won’t accept anything over it. While Democrats offered to slash $1 trillion off their $3.4 trillion proposal if Republicans added $1 trillion to theirs to meet in the middle, White House officials refused, House Speaker Nancy Pelosi (D-Calif.) said. Democrats previously rejected Republicans’ standalone measure to temporarily continue the $600/week unemployment boost that has now expired. White House officials said they had advised President Trump to take unilateral action on stimulus measures, however, Trump likely doesn’t have the power to allocate funding via executive action. Source: CNBC
Trump attempts to bypass Congress with coronavirus relief executive orders President Trump on Saturday announced multiple executive actions aiming to extend economic aid to Americans while Congress remains in a stalemate over the next coronavirus relief package. The effectiveness and legality of the measures was unclear, however, with the orders seemingly exceeding Constitutional limits on executive power. The president said during a press conference at his golf club in Bedminister, New Jersey, that, via executive order, he will unilaterally continue expanded unemployment benefits, at $400/week rather than the previous $600/week. He also signed orders intended to pause student loan payments and extend the moratorium on evictions. Additionally, Trump said the action authorizes the Treasury Department to defer payroll taxes for Americans making less than 100,000 per year. Source: The Associated Press
Paris issues a mask mandate for busy areas to curb the rise of COVID-19 infections. (Reuters)
Anti-government protests erupt in Beirut Thousands of protesters in Beirut’s gathered in Beirut’s Martys’ Square on Saturday called for Lebanon’s politicians to resign and be held accountable for the negligence that led to a blast in the city’s port Tuesday that killed 158 people and injured more than 6,000. During the demonstrations, the protesters stormed Beirut’s government ministries and trashed the offices of the Association of Lebanese Banks, Reuters reports. Police reportedly fired tear gas at demonstrators trying to break through a barrier to get to the parliament building, and one officer reportedly was killed when he fell into an elevator shaft after being chased into a building by protesters, another officer said. The Red Cross said it treated 117 people for injuries, while another 55 were taken to hospitals. Source: Al Jazeera
