Trump rips Dems for holding up coronavirus stimulus deal with demand for post office aid

One of the biggest points of contention between the two sides is the price tag

President Trump on Thursday blamed Democrats for holding up a deal on another coronavirus relief package, and ripped their proposal to give billions of dollars in aid to the U.S. Postal Service.

Continue Reading Below

“The items are the post office and the $3.5 billion for mail-in voting,” Trump told FOX Business' Maria Bartiromo. “If we don’t make the deal, that means can’t have the money, that means they can’t have universal mail-in voting. It just can’t happen.”

SECOND STIMULUS CHECK MAY NOT GO OUT UNTIL SEPTEMBER AS RELIEF TALKS DRAG ON

White House and Democratic officials signaled on Wednesday they were nowhere close to cutting a deal, despite weeks of closed-door negotiations, with each side continuing to blame the other for the standoff.

The stalemate over the next round of virus aid now appears likely to drag on for weeks, possibly into September.

One of the biggest points of contention between the two sides is the price tag: Negotiators are trying to bridge the divide between a $1 trillion aid package put forward by Senate Republicans at the end of July, and the $3 trillion legislation passed by House Democrats in May.

TRUMP'S UNEMPLOYMENT EXTENSION: YOUR TOP QUESTIONS ANSWERED

The House-backed legislation includes $25 billion in funding for the Post Office and would repeal several restrictions on a $10 billion line of credit for the cash-poor agency approved in an earlier aid package.

When the pandemic first gained a foothold in the U.S., postal leaders told lawmakers they anticipated that the mail service would hemorrhage about $2 billion a month for 18 months, risking insolvency as soon as September.

MNUCHIN URGES DEMS TO PASS $1T VIRUS STIMULUS DEAL BUT WON'T SPECULATE ON AID COMPROMISE

But in revised financial data obtained by The Washington Post, postal leaders said a spike in e-commerce transactions may have temporarily saved the USPS from financial ruin.

GET FOX BUSINESS ON THE GO BY CLICKING HERE