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Stimulus talks break down on Capitol Hill as negotiators walk away without a deal
Aug 08, 2020 1 min, 20 secs

No additional discussions are planned after nearly two weeks of daily meetings, and lead White House negotiators Mark Meadows and Treasury Secretary Steve Mnuchin said they were recommending Trump move ahead with a series of executive orders.

Trump said Friday the actions would include a payroll tax deferment, extending unemployment benefits, extending an eviction moratorium and deferring student loan payments and forgiving their interest.

"If Democrats continue to hold this critical relief hostage, I will act under my authority as President to get Americans the relief they need," Trump said.

The President said the executive orders could get signed "by the end of the week." A White House official confirmed to CNN that Trump was not expected to sign any executive orders Friday night on Covid relief.

For instance, the officials said, Democrats were pushing for permanent student loan forgiveness as part of the deal.

Democrats have argued that passing anything less than a large-scale package is a non-starter and have pushed back against the idea of passing anything piecemeal, while Republicans have accused them of holding up progress toward passing a smaller package that would deal with issues of common ground.

As the odds of a deal look increasingly slim, finger-pointing has intensified on both sides.

"My frustration is that we could've passed a very skinny deal that dealt with some of the most pressing issues," Meadows said Thursday evening.

Schumer was critical of Meadows on Friday, calling him "non-compromising."

"His positions are quite hardened and non-compromising, more-so than Mnuchin," Schumer said of Meadows when asked if the White House chief of staff is negotiating in good faith.

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