Below Supernav ↴

AUTO TEST CUSTOM HTML 20240930154503

Second stimulus checks: Pelosi still hoping to strike deal before election

PHILADELPHIA – MAY 8: Economic stimulus checks are prepared for printing at the Philadelphia Financial Center May 8, 2008 in Philadelphia, Pennsylvania. One hundred and thirty million households are eligible to receive a tax rebate check under the $168 billion economic stimulus plan. (Photo by Jeff Fusco/Getty Images)

 

Main Area Top ↴

Testing on staging11

WASHINGTON (NewsNation Now) — House Speaker Nancy Pelosi says she’s not giving up on passing another coronavirus relief economic package before the Nov. 3 election.

At issue is a huge virus relief bill that would send another $1,200 direct payment to most Americans, restart bonus unemployment benefits, fund additional testing and vaccines, provide aid to schools and allocate money to state and local governments, a Democratic priority.

Pelosi said she sent the administration a list of concerns on Friday and she is told that she’ll have answers on Monday.

Pelosi said she wants a relief bill that is predicated on steps that science dictates should be taken to deal with the coronavirus, and “if we don’t, we’re just giving money to the president to spend any way he wants and that has not been in furtherance of crushing the virus.”

White House Chief of Staff Mark Meadows said the administration has made many offers, but Pelosi “continues to move the goalposts.”

Meadows said the relief bill being negotiated would cost about $1.9 trillion. Pelosi is hoping for a $2.2 trillion package. Meadows said he has a commitment from Senate Majority Leader Mitch McConnell to bring a bill to the floor if negotiations with Pelosi conclude successfully.

On Friday, Treasury Secretary Steven Mnuchin, the chief negotiator for the GOP, said significant differences remain between Republican and Democratic leadership and noted Pelosi had “dug in.”

During Thursday night’s debate, President Donald Trump blamed Pelosi for the fact no deal has been reached saying she doesn’t want to do anything that would help him.

Democratic nominee Joe Biden raised his voice as he reminded viewers of Thursday’s presidential debate that the Democratic-controlled House passed a relief bill months ago. He asked Trump why he isn’t talking to his “Republican friends” about a deal.

A $1.8 trillion rescue plan in March passed virtually unanimously. The Pelosi-pushed package today is even larger but has run into resolute opposition from Republicans. Taking care of the issue would clear the decks for a fresh start on the congressional agenda next year.

Senate Democrats blocked a Senate GOP plan that McConnell brought to a vote Wednesday. The measure contained more than $100 billion for schools, a $300 per week supplemental unemployment insurance benefit, and more subsidies for businesses especially hard hit by pandemic-related downturns and closures. It did not include the $1,200 direct payments that are so important to Trump.

Trump said that if he wins reelection, aid will flow immediately. If he loses, it’s unclear whether his enthusiasm for delivering it will be as strong.

“I’m never very optimistic about the lame duck and I’ve never been surprised,” said Sen. Roy Blunt, R-Mo. “You don’t get near as much done as you think you’re going to get done.”

Those Republicans willing to speculate about a Trump loss say not to expect much, either.

“I think Democrats would want to wait until the new president is sworn in and do it then and I think Republicans probably would say…the economy’s taking care of it,” said Sen. Chuck Grassley, R-Iowa.

Coronavirus Stimulus

Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. regular

test

 

Main Area Middle ↴

Trending on NewsNationNow.com

Main Area Bottom ↴