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Trump says talks on COVID-19 aid are now 'working out'

Two days after calling off coronavirus relief talks with Democrats, President TrumpDonald TrumpIran's leader vows 'revenge,' posting an image resembling Trump Former Sanders spokesperson: Biden 'backing away' from 'populist offerings' Justice Dept. to probe sudden departure of US attorney in Atlanta after Trump criticism MORE did a full 180-degree turn and said Thursday that he was now negotiating a “bigger deal” than a narrowly focused package to rescue airlines.

But there was no evidence that the two sides had restarted talks on a broader, trillion-dollar-plus stimulus package, and the timing of Trump’s bullish remarks came on the Fox Business Network just before the markets opened.

“I shut down talks two days ago because they weren’t working out. Now they’re starting to work out,” Trump said in the phone interview with Fox Business host Maria BartiromoMaria Sara BartiromoParler goes dark after move by Amazon Perdue says he would support objecting to Electoral College vote Abrams says concession comparisons to Trump are 'apples to bowling balls' MORE.

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“We’re talking about airlines and we’re talking about a bigger deal than airlines,” he said.

The comments came less than 48 hours after Trump abruptly derailed talks on another massive round of emergency COVID-19 aid, announcing that he had instructed Treasury Secretary Steven MnuchinSteven MnuchinPence delivers coronavirus task force report to Biden Treasury imposes additional sanctions on Cuba over allegations of 'serious human rights abuse' Treasury Department sanctions inner circle of Russian agent Derkach for election interference MORE to halt his communications with Speaker Nancy PelosiNancy PelosiOvernight Health Care: Biden unveils virus plan and urges patience | Fauci says it's 'liberating' working under Biden | House to move quickly on COVID-19 relief Overnight Defense: House approves waiver for Biden's Pentagon nominee | Biden to seek five-year extension of key arms control pact with Russia | Two more US service members killed by COVID-19 On The Money: Pelosi says House will move immediately on COVID-19 relief | Biden faces backlash over debt | 900,000 more Americans file for unemployment benefits MORE (D-Calif.), the principal negotiators who seemed to be making some progress on a bipartisan agreement.

“I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,” Trump tweeted on Tuesday, a day after he left the hospital where he was being treated for COVID-19. 

Facing pushback from lawmakers and stakeholder industries, Trump hours later said he was ready to sign stand-alone bills that would provide funding for another round of $1,200 stimulus checks, and help for small businesses and beleaguered airlines. But Pelosi has rejected that piecemeal approach. 

“If I am sent a Stand Alone Bill for Stimulus Checks ($1,200), they will go out to our great people IMMEDIATELY. I am ready to sign right now. Are you listening Nancy?” Trump said in one tweet

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Trump’s erratic swings have frustrated Republicans facing tough reelection bids this fall. Rep. John KatkoJohn Michael KatkoRep. John Katko: Why I became the first Republican lawmaker to support impeachment NY Republican says cybersecurity will be a high priority for Homeland Security panel Upton becomes first member of Congress to vote to impeach two presidents MORE (R-N.Y.), a member of the bipartisan Problem Solvers Caucus, urged the president to get back to the negotiating table on a larger deal.  

“I disagree with the President. With lives at stake, we cannot afford to stop negotiations on a relief package,” Katko tweeted after Trump walked away. “The Problem Solvers Caucus has a proposal that both sides agreed on and can bring negotiators back to the table. I strongly urge the President to rethink this move.”

Despite the pronouncement, Pelosi and Mnuchin have been busy fighting for an eleventh-hour lifeline for the decimated airline industry. The pair spoke twice by phone on Wednesday, and were expected to talk again on Thursday.

There’s been no indication, however, that they have continued talks on a broader deal.

Pelosi and Democrats have pressed for $2.2 trillion in new emergency spending, designed to address the health and economic fallout as the number of coronavirus cases are rising and the economic recovery of the summer is showing signs of slowing down. 

Trump and Republicans have rejected that figure as far too high, citing deficit concerns, and Mnuchin countered with a $1.6 trillion proposal, which Democrats maintain is insufficient.

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Amid the impasse, the plight of the airline industry has gained outsize attention, after a host of companies this month have furloughed tens of thousands of employees, citing the absence of more federal aid. 

Pelosi has largely rejected the idea of plucking individual provisions out of a comprehensive relief package, yet last Friday Rep. Peter DeFazioPeter Anthony DeFazioTackle injustice, tax Wall Street Southwest Airlines says it won't furlough workers after Trump signed relief bill Infrastructure? Not unless the House rethinks its offer MORE (D-Ore.), the head of the House Transportation and Infrastructure Committee, attempted to pass billions of dollars in new airline relief by unanimous consent. The gambit failed, and Pelosi, despite her resistance to piecemeal aid, was quick to blame Republicans.

“Again and again, Democrats offer legislation to save lives and livelihoods, only to be met by more Republican obstruction,” she said at the time. 

Pelosi is scheduled to appear before the press later Thursday morning. 

— Updated at 9:49 a.m.