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Americans’ ‘needs are not addressed in the President’s proposal’

House Speaker Nancy Pelosi on Tuesday slammed the White House’s most recent stimulus proposal as ignoring key economic issues wrought by the coronavirus pandemic, defending her decision to turn down what she described as a political stunt that would fail to help the public.



Wolf Blitzer, Nancy Pelosi are posing for a picture


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“All of my colleagues — we represent these people, I have for over 30 years represented my constituents,” Pelosi told CNN’s Wolf Blitzer on “The Situation Room.” “I know what their needs are, I listen to them, and their needs are not addressed in the President’s proposal.”

When asked whether she could avoid letting the perfect be the enemy of the good, Pelosi replied, “I will not let the wrong be the enemy of the right.”

Pelosi’s comments come after Majority Leader Mitch McConnell announced Senate Republicans will attempt to move forward on a “targeted” coronavirus relief bill when the Senate

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44% of Americans Plan to Apply for Store Credit Card This Holiday Season; Big Jump From 2019

CHARLOTTE, N.C., Oct. 12, 2020 /PRNewswire/ — A lot more Americans say they’re likely to apply for a store credit card this holiday season than did in either of the previous two years, according to a new report from CompareCards by LendingTree.

That’s despite the fact that more than half (56%) of people who say they’ve had a store credit card say they’ve regretted getting one.

Full report: https://www.comparecards.com/blog/2020-store-card-report/ 

Key findings:

  • Big jump in interest in store cards: 44% of Americans say they’re at least somewhat likely to apply for a store card during the holiday shopping season. That’s up from 32% in 2019 and 24% in 2018.
  • Store card APRs fall: The average APR for a new store credit card is 24.24%, down from 25.41% in 2019, thanks largely to Federal Reserve interest rate cuts.
  • More regrets: More than half (56%) of those who have had a
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