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House Speaker Pelosi 'optimistic' on coronavirus relief deal before U.S. election

Published 10/18/2020, 09:20 AM
Updated 10/18/2020, 07:10 PM
© Reuters. House Speaker Nancy Pelosi introduces legislation to create 25th Amendment commission during news conference on Capitol Hill in Washington

© Reuters. House Speaker Nancy Pelosi introduces legislation to create 25th Amendment commission during news conference on Capitol Hill in Washington

By Doina Chiacu

WASHINGTON (Reuters) - House Speaker Nancy Pelosi said on Sunday that differences remained with President Donald Trump's administration on a wide-ranging coronavirus relief package but that she was optimistic legislation could be pushed through before Election Day.

Pelosi, the top elected U.S. Democrat, said she wanted a bill passed before the Nov. 3 presidential election between Republican Trump and Democrat Joe Biden, but acknowledged an agreement would have to come within 48 hours for that to happen.

"I'm optimistic because, again, we've been back and forth on all of this," Pelosi said in an interview with ABC's "This Week."

But with her negotiating partner, Treasury Secretary Steven Mnuchin, in the Middle East until Tuesday, a deal appears to be a long shot.

Trump told reporters in Nevada: "I think Nancy Pelosi maybe is coming along. We'll find out."

"I want to do it at a bigger number than she wants. That doesn't mean all the Republicans agree with me, but I think they will in the end," he said.

The White House proposed a $1.8 trillion stimulus last week to help Americans struggling with the economic ravages of the coronavirus pandemic. Pelosi said the offer fell short in a range of areas, including tax credits for poor people, aid to state and local governments, worker protections and rent help. She has stuck to her demand for a $2.2 trillion aid and stimulus package.

The Republicans who control the Senate are loath to pass another giant relief bill. Senate Majority Leader Mitch McConnell said the Senate would vote on Wednesday on a $500 billion proposal to target specific areas of need.

Democrats have rejected so-called skinny bills with pared-down funding, saying much more is needed.

"We have to see what he brings to the floor. But Democrats have worked on this for months. Mitch McConnell hasn't even been part of the negotiations," Senator Chris Coons told CNN.

© Reuters. House Speaker Nancy Pelosi introduces legislation to create 25th Amendment commission during news conference on Capitol Hill in Washington

Latest comments

I’m waiting Nancy
won't happen until after the election... that's how much the Dems care about you
This crazy hag is so FOS it's coming out her ears. The ONLY thing she cares about is unearned and undeserved raw power. She's a cancer in need of cutting out.
Where’s the debt clock that was shown daily when obama was president? Are you red rats afraid to bring up that subject? Trump has destroyed the free market, with his market manipulation techniques. Just post a tweet to boost gains. An uninvestable market, manipulated by a degenerate.
No one's "afraid" of talking about the debt. What do you suggest we do about the Ginese vie-rus? Nothing? Let it ruin our economy? Is that what you and your comrades want? Of course, you are completely against holding those responsible accountable because their who your boy Sniffy Biden are rootin' for. I can see you waving your little red and gold flag now.
huh? the Dems want to add another 3 trillion to it and you're blaming Republicans? get a clue
The evidence is overwhelming, get this indictment issued for Biden and his son...people are voting on Biden that don't yet believe his corruption is out of control, and if they can prove Obama was aware of the Ukraine dealings , well you're going down too Obama.
Lying Sunzuveaches!!!
Two times the effect of an agreement has already been reflected in the stock market. The stock market may fall if it is not agreed and satisfactory.
Pelosi cares nothing about struggling Americans. wake up people
Trump and GOP will be the biggest debt creator ever. LOL.
for sure, if they keep on giving into the dems giveaways.
They’re throwing so much money around they don’t even know where its all going. I think it’s becoming obvious most went to the rich and the fraudsters.
Is this a reprint? I could’ve sworn I read that Pelosi and Munchkin was hopeful or optimistic several times over the last month or so.
And each time, the markets react. They can keep confirming and denying a deal right up to nov 3rd and let equities seesaw back and forward, taking profits at each end
Trumps already paid the rich , why do more stimulus lol
by rich I assume you mean job creators.
Pelosi works for George Soros
Pelosi is hating the fact that Trump will get credit for stimulus before the election. Hope the hurting Democrats that need help wake up to the fact that she's holding them hostage pretending to help people if color.
If she wanted to pass the bill beofre nov 3 then get her *******to accept the 188 trillion no later than 48 hours otherwise just all talk
it is $1.8 trillion.... 🤣
it is $1.8 trillion....
She wanted the the bill passed befoe nov. 3 does not mean she can get the 2. 2 trillion. Get the danm 1.88 trillion now to save americans livies as she always said to help american we r dying. Washington is totally lack of progressing about the stimilus bill. They are terrible
What’s color got to do with testing?
most race related problems is notbrealy about race but wealth, just likw how more minorities are victim of rona, percentage wise poc lives in close neighborhoods/apartment disproportionately unlike white poeple who owns more individual houses per family.this means since poc lives in close proximity more they have higher spread rate of rona
 You're correct.
Liar
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