Trump Promises 'Best Stimulus Package' After Election

By D. Cruz First Posted: Oct 28, 2020 07:21 AM EDT

President Donald Trump acknowledged Tuesday that a coronavirus stimulus deal would not materialize before Election Day, but promised the "best" one would come after November 3.

President Trump Holds Campaign Rally In Omaha

(Photo : Steve Pope/Getty Images)
US President Donald Trump speaks during a campaign rally on October 27, 2020 in Omaha, Nebraska.

The U.S. Senate adjourned on Monday evening, yet to approve a new stimulus deal. This leaves millions of Americans without an agreement to count on until after the polling day.

According to The Hill, Trump said his administration is still willing to negotiate a stimulus deal even after the election. That is given that House Speaker Nancy Pelosi expresses the same interest in passing it.

Trump targeted Pelosi with the new halt in stimulus negotiations. He said the California Democrat is seeking "bailouts" for U.S. states and cities run by Democrats. He also made a bold prediction that Democrats will lose the majority in the House because of the failed talks.

"Nancy Pelosi is only interested in bailing out badly-run, crime-ridden Democrat cities and states. That's all she is interested in," Trump said. "She is not interested in helping the people."

Trump promised that the country would get a fresh stimulus deal after the election, said CNET.

Speaking at a press briefing before his campaign trail Tuesday, he said: "After the election, we'll get the best stimulus package you've ever seen."

Trump Predicts GOP Win Amid Stimulus Deal Fiasco

After the final presidential debate last week, Trump predicted that Republicans would take back not only the House of Representatives and the White House but also win the Senate.

The Hill said the chances of the GOP taking back the House were highly unlikely. The House has been under Democratic control since the 2018 midterm elections.

Cook Political Report also predicts that Democrats will enjoy a majority even in 2020. Pelosi said Trump was being "delusional" for thinking about this.

Former vice president Joe Biden, who has also published his plans on a stimulus, has been the leading presidential candidate in polls. But experts acknowledge that these poll results may not reflect the real deal by Election Day.

They said polls were imperfect, and battleground states are important in considering who wins.

Lawmakers Criticize Senate-Congress Response to Stimulus Deal

The coronavirus pandemic devastated the U.S. economy with business closures and loss of jobs earlier this year.

While there have been some signs of job gains during the last four months, data showed only a slow recovery from the crisis.

In September, the unemployment rate went down to 7.9 percent, and economists grew concerned about the economy's absence of fiscal support.

Talking to CNBC on Monday, New Hampshire's Republican Governor Chris Sununu said the Senate and Congress did not show leadership while dealing with the COVID-19 crisis.

"Fire them all. I really mean that sincerely," he said, pointing out that not much has come from the lawmakers since March.

Senate Democrats blocked a $500 billion pared-down relief bill last week, a proposal put forward by Senate Republicans twice, noted Forbes.

The Democrats claimed the GOP plan was inadequate to address the needs of Americans during the pandemic.

Democrats pegged their most recent offer for the relief bill at $2.2 trillion, a toned-down version of their $3.4 trillion Heroes Act proposal from May.