The fact is that the US president is trying to negotiate with the opposition party on another program to help citizens of the country who have suffered from the consequences of the coronavirus epidemic. This will be the fifth package of financial assistance since the beginning of the "crown crisis".
The previous program ended at the end of July. Therefore, Trump wants to accept the new package as soon as possible so that unemployed citizens can get money for living. Such assistance is needed by 31.3 million unemployed. The amount of payments will increase three times compared to the previous program. The longer Congress delays in adopting this program, the worse the consumer sentiment becomes, which means the market conditions are under pressure.
To negotiate with the Democrats, Trump proposed increasing the unemployment payment to $ 400 a week, although it was previously planned to reduce this amount to $ 200. What's more, every adult citizen will receive a one-time payment of $ 1,200. At the same time, Trump intends to suspend the payment of social security contributions. The US President wants to implement his plan urgently with an executive order to bypass the vote in Congress.