Pelosi and Mnuchin make progress in stimulus talks, plan to speak again Tuesday

Pelosi and Mnuchin make progress in stimulus talks, plan to speak again Tuesday

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin made progress in their newest coronavirus stimulus talks Monday as time runs brief to attain a deal earlier than the 2020 election.

In a virtually one-hour cellphone name, the pair “continued to narrow their differences,” the California Democrat’s spokesman Drew Hammill mentioned in a tweeted assertion. Pelosi has directed House committee chairs to work to resolve areas of disagreement with the White House, and the speaker and Mnuchin plan to speak again Tuesday, Hammill added.

“The Speaker continues to hope that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election,” he mentioned.

The Trump administration and Democratic leaders have scrambled to strike a coronavirus stimulus deal earlier than the Nov. three election. On Sunday, Pelosi set a 48-hour deadline to reach an agreement — whilst the perimeters appeared far aside on a handful of key points.

U.S. House Speaker Nancy Pelosi speaks throughout her weekly press convention on Capitol Hill in Washington, D.C., the United States, on Aug. 13, 2020.

Ting Shen | Xinhua News Agency | Getty Images

Writing to House Democrats on Sunday, the speaker mentioned she is “optimistic that we can reach agreement before the election.” Pelosi added that “we are writing [legislative] language” as talks proceed, “so that we are fully prepared to move forward once we reach agreement.”

She highlighted a number of lingering disputes, together with a nationwide testing technique and state and native authorities aid. Pelosi additionally cited tax credit score growth, little one care provisions and help for the U.S. Census as areas of disagreement.

Even if Pelosi and Mnuchin can forge a deal, Senate Republicans will pose an impediment to passing it. Most GOP lawmakers have backed solely restricted new spending to reply to the virus outbreak as they embrace a rosier view of the financial system than Democrats have.

The Senate GOP plans to vote on a roughly $500 billion aid package as quickly as Wednesday. Earlier Monday, White House chief of employees Mark Meadows mentioned Senate Majority Leader Mitch McConnell had agreed to carry a possible bipartisan invoice to the Senate flooring “and actually have a vote.”

Asked about Meadows’ remark, a McConnell spokesman pointed to an announcement the Senate chief issued over the weekend. He mentioned that, “if Speaker Pelosi ever lets the House reach a bipartisan agreement with the Administration, the Senate would of course consider it.”

House Democrats most just lately handed a $2.2 trillion invoice, whereas the White House has put ahead a virtually $1.9 trillion proposal.

Congress has failed for months to approve new coronavirus assist as new U.S. virus infections hit levels unseen in months and the financial system inches again from devastating shutdowns.

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