DONALD Trump has revealed he has "$300billion in an account" for stimulus checks, but he's accused the Democrats of blocking the cash being sent to the American people.
The president said that the money is "ready to go" during a press briefing at the White House on Friday.
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"We have $300billion ready to go, all Congress has to do is say, 'Use it.' I'd like to use it without their permission but I guess I'm not allowed," Trump said.
"We're willing to spend it, I'd like to get approval from Congress. There's a theory that I don't have to do that, but I'd rather be upfront and I'd like to get approval from Congress."
Trump later insisted that he wants to give the untouched cash to American people "as a very powerful stimulus."
The president went on to say that Republicans "would" and that the Democrats "should" pass the bill, calling for Congress to give a "one sentence approval."
The parties might strike an agreement on the long-awaited second round of stimulus checks at any point from September 8 – the day they return from their summer recess.
Congressional lawmakers have been criticized by those who say the break was inappropriate – given the number of Americans who are continuing to go without paychecks because of the coronavirus pandemic.
Congress adjourned for summer break at the beginning of August without reaching an agreement.
If the Senate passes a new relief bill on September 11, the House passes it on September 16, and the president signs it on September 17, the first checks could possibly be distributed on the week of September 28.
White House Chief of Staff Mark Meadows said President Donald Trump is the "only one" making moves to get financial relief to American people amid the ongoing pandemic.
Meadows slammed Democrats on Capitol Hill who he said "failed to come together on anything that would address … enhanced unemployment [and] eviction protections," during an August 24 interview with CBS This Morning.
House Democrats passed the $3trillion Heroes Act in May, but Senate Republicans countered with a much smaller $1trillion package in August.
And both packages did include another round of $1,200 stimulus checks for eligible Americans.
However, Democrats and Republicans have not been able to come to an agreement about how to move forward on several aspects of a relief package – with both sides blaming the other for stalling the bill.
Meanwhile, the White House has said House Speaker Nancy Pelosi is "standing in the way" of the stimulus checks and coronavirus relief.
But if Congress agrees on a deal they can be sent out at the end of the month to qualified taxpayers.
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