- House Speaker Nancy Pelosi got into a heated argument with CNN’s Wolf Blitzer Tuesday as the host grilled her on the ongoing negotiations on a second COVID-19 relief package.
- A second coronavirus relief bill has been stalled in Congress as the Senate and House failed to come to a consensus on the details of the proposal.
- “Madame Speaker, I’m asking you this because so many people are in desperate need right now,” Blitzer said and asked why Pelosi had not yet reached out to President Donald Trump personally to negotiate.
- “What makes me amused, if it weren’t so sad, is how you all think that
- Speaker Nancy Pelosi ripped into the Trump administration’s virus relief proposal on Tuesday.
- “A fly on the wall or wherever else it might land in the Oval Office tells me that the President only wants his name on a check to go out before Election Day and for the market to go up,” Pelosi said in a letter to House Democrats.
- She listed eight areas where Democrats said it had “deficiencies,” among them state and local aid, virus testing, and tax credits for low-income individuals.
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Speaker Nancy Pelosi fiercely criticized the Trump administration’s $1.8 stimulus offer for the third time on Tuesday, and outlined eight areas where Democrats say the plan falls woefully short.
- House Speaker Nancy Pelosi said stimulus talks appear to be at a standstill
- Larry Kudlow says talks are not dead
- Kudlow insisted the U.S. is in a V-shaped recovery but certain sectors still need help
White House economic adviser Larry Kudlow says he expects Republicans to fall in line if the White House reaches agreement with Democrats on the next round of coronavirus stimulus relief.
Negotiations appeared at a standstill after President Donald Trump agreed to boost the size of the package to $1.8 trillion – a move rejected by Democrats who called it inadequate and Republicans who said it was too expensive.
Kudlow told CNN’s “State of the Union” he talked with Treasury Secretary Steven Mnuchin Saturday night and is convinced stimulus talks are not dead, noting Senate Republicans unanimously passed their own version of coronavirus relief – albeit a modest $500 billion measure – and “they
- House Speaker Nancy Pelosi on Sunday sent a letter to her Democratic colleagues calling the Trump administration’s latest stimulus offer “wholly insufficient.”
- Over the weekend, the White House proposed a $1.8 trillion measure, a figure that’s too high for many Senate Republicans and too low for House Democrats.
- On Sunday, Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows urged Democrats to pass a measure repurposing leftover funds from the Paycheck Protection Program.
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The Trump administration’s latest stimulus proposal is “grossly inadequate,” House Speaker Nancy Pelosi said in a letter to her Democratic colleagues on Sunday, suggesting Congress and the White House are no closer to a deal on a coronavirus relief package.
Over the weekend, the White House proposed a $1.8 trillion stimulus measure, angering both Senate Republicans, who consider that number far too high, and House Democrats, who
WASHINGTON (Reuters) – The Trump administration on Sunday called on Congress to pass a stripped-down coronavirus relief bill using leftover funds from an expired small business loan program as negotiations on a broader package ran into resistance.
The proposal was the latest twist in the on-again, off-again talks to try to secure more stimulus for the economy, which is struggling to recover from coronavirus-related shutdowns that threw millions of Americans out of work.
In a letter to lawmakers, Treasury Secretary Steve Mnuchin and White House Chief of State Mark Meadows said they would continue to talk to Senate Democratic leader Chuck Schumer and House Speaker
WASHINGTON—House Speaker Nancy Pelosi (D., Calif.) said negotiations with the White House over a new coronavirus aid package remained at an impasse Sunday, as Senate Republicans remain wary of more spending.
In a letter to House Democrats on Sunday, Mrs. Pelosi said the administration’s latest $1.9 trillion offer, submitted Saturday, provided inadequate funding and no national plan for testing, contact tracing and treatment of the coronavirus.
“This past week, the president demonstrated very clearly that he has not taken the war against the virus seriously, personally or nationally. This attitude is reflected in the grossly inadequate response we finally received from the administration on Saturday,” Mrs. Pelosi wrote. “Until these serious issues are resolved, we remain at an impasse.”
House Democrats have pushed for $75 billion and a national plan for testing, tracing and treatment of the virus. Mrs. Pelosi said in her letter that the White House plan included
The administration’s latest request is unlikely to advance in the House, where Speaker Nancy Pelosi (D-Calif.) has rejected stand-alone legislation in favor of a comprehensive package to address the economic and health consequences of the coronavirus pandemic. The administration’s $1.8 trillion stimulus proposal on Friday came under heavy criticism from lawmakers in both parties over the weekend, making its chances of passing appear remote.
White House officials will request that Congress approve legislation allowing firms demonstrating a decline in revenue to apply for a second round of PPP funding, which they are not allowed to do under existing law, according to one person familiar with the plans who spoke on the condition of anonymity to discuss the administration’s internal planning.
“Now is the time for us to come together and immediately vote on a bill to allow us to spend the unused Paycheck Protection Program funds while we continue to
President Trump’s economic adviser Larry Kudlow said Sunday that Senate Republicans will “go along with” the $1.8 trillion White House stimulus proposal despite their vocal pushback.
Kudlow told CNN’s “State of the Union” that the White House expects support from Republicans in the upper chamber. A source told The Hill on Saturday that several senators expressed “significant concerns” about the proposal’s cost in a call with administration officials.
The White House economic adviser said on Sunday he does not think the coronavirus stimulus bill is “dead.”
“Republicans in the Senate put up their own bill a few weeks ago and got 53 votes, I think it was, so they united,” he said. “I think if an agreement can be reached, they will go along with it.”
Kudlow also criticized Democrats,
WASHINGTON — The White House moved aggressively on Friday to revive stimulus talks that President Trump had called off just days earlier, putting forward its largest offer for economic relief yet as administration officials and embattled Republican lawmakers scrambled to avoid being blamed by voters for failing to deliver needed aid ahead of the election.
The new proposal’s price tag of $1.8 trillion, which Treasury Secretary Steven Mnuchin presented to Speaker Nancy Pelosi in a roughly 30-minute phone call, was nearly double the original offer the administration put forward when talks began in late summer.
It was the latest indication that the White House was eager to backtrack from Mr. Trump’s decision on Tuesday to abruptly halt negotiations, and it reflected a growing sense of dread both at the White House and among vulnerable Senate Republicans facing re-election about the political consequences of his actions. The offer also highlighted the
The White House is preparing a $1.8 trillion coronavirus relief offer, according to people familiar with the discussions, partly closing the gap in negotiations with congressional Democrats as time runs short to pass any package before the election.
The White House proposal increases its previous offer by about $200 billion, but a significant distance remains between the administration and Democratic leaders on the bill’s overall price tag.
Treasury Secretary Steven Mnuchin brought an offer that “attempted to address” some of Democrats’ concerns, as negotiations with House Speaker Nancy Pelosi (D., Calif.) continued on the overall cost of a coronavirus relief package, her spokesman said on Twitter Friday. The pair spoke via phone, the spokesman added, in the latest in a series of start-and-stop negotiations.
Democrats last week passed a $2.2 trillion aid package, a scaled-back version of their earlier $3.5 trillion legislation. Mr. Mnuchin had previously proposed a $1.6 trillion