Bad News From Incentive Package in USA

Bad News From Incentive Package in USA Bad news came from the incentive package in the USA. According to the information received, the incentive package talks in the USA stopped. According to the report of Bloomberg, after the presidential election in the USA, the financial stimulus package negotiations that were expected to be presented against the coronavirus epidemic stopped. White House withdrew from the incentive package talks. After the negative news about the stimulus package in the USA, the stock markets entered a downward trend and the futures and Asian stock markets followed the downward trend. According to reports from Bloomberg, the White House withdrew from the talks and left the initiative to resume talks to Senate Majority Leader Mitch McConnell. US President Donald Trump's advisers will continue to inform Republican senators and MPs about incentive talks, but the White House's decision to withdraw from the talks raised concerns that no stimulus package would be issued until January. On the other hand, Joe Biden, the elected president of the USA, conveyed to Democratic leaders Nancy Pelosi and Chuck Schumer that the stimulus package to be supported by the two parties should be presented. Before the November 3 presidential election, the stimulus package talks were deadlocked due to the dispute between the Trump administration and the Democrats, and the markets shifted their hopes for the package to the post-election. Prior to the presidential election held on November 3, the Trump administration had demanded a $ 1.9 trillion package and the Democrats demanded a $ 2.4 trillion package.