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Virus Update: Trump Bid for Bigger Stimulus Rejected by McConnell, Corn Supply Chain Hobbles

By October 16, 2020No Comments

Trump Bid for Bigger Stimulus Rejected by McConnell (Oct. 15, 5:00 p.m. ET)

President Trump said he was ready to boost his offer for spending in a fiscal-stimulus package, a bid that was quickly rejected by his fellow Republican, Senate Majority Leader Mitch McConnell, Bloomberg reported.


“He’s talking about a much larger amount than I can sell to my members,” McConnell said of the administration’s offer to House Speaker Nancy Pelosi and Democrats.


As he trails in polls with the election less that three weeks away, Trump said on Fox Business Thursday that he would go still higher than the $1.8 trillion the White House has already floated to get a deal. He blamed Pelosi, who wants a $2.2 trillion package, for standing in the way.