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U.S. House Speaker Pelosi, Mnuchin narrow differences on aid bill, Pelosi spokesman says

Stock MarketsOct 19, 2020 05:40PM ET
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© Reuters. FILE PHOTO: U.S. House Speaker Pelosi departs a news conference on Capitol Hill in Washington

By Susan Cornwell

WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin "continued to narrow their differences" in a 53-minute telephone conversation on Monday about a fresh coronavirus aid package, Pelosi's spokesman, Drew Hammill, wrote on Twitter.

Pelosi hopes that by the end of Tuesday there will be "clarity" on whether a coronavirus stimulus bill can be passed before the Nov. 3 elections, Hammill wrote. He said Pelosi and Mnuchin will talk again on Tuesday, and staff work on the matter will continue "around the clock."

Pelosi, the top elected U.S. Democrat, 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. But she said an agreement would have to come by the end of Tuesday for that to happen.

The White House has proposed a $1.8 trillion stimulus to help Americans struggling with the economic ravages of the coronavirus pandemic. Pelosi says that 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.

Congress earlier this year passed $3 trillion in coronavirus relief, and many of the Republicans who control the Senate are loath to pass another giant relief bill. Senate Majority Leader Mitch McConnell said on Monday the Senate would vote on Wednesday on a $500 billion proposal to target specific areas of need.

McConnell said the Senate would also have a separate vote on Tuesday on a new round of funding for the Paycheck Protection Program, a popular program that was launched earlier in the pandemic with bipartisan support to provide loans to small businesses.

But Senate Democrats have been holding out for a larger overall aid package. Senate Democratic Leader Chuck Schumer called the Republican plan "emaciated," saying it abandons state and local governments in need and has inadequate funding for unemployment benefits. Senate Democrats blocked similar proposals last month.

McConnell, in remarks to the Senate, excoriated Pelosi for what he said had been her "all or nothing" position on approving more coronavirus aid. "The speaker's Marie Antoinette act needs to end," McConnell said.

U.S. House Speaker Pelosi, Mnuchin narrow differences on aid bill, Pelosi spokesman says
 

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Comments (17)
Irvin Mermelstein
Irvin Mermelstein Oct 20, 2020 1:37AM ET
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Nancy doesn't bluff.
Bob Obama
Bob Obama Oct 19, 2020 11:14PM ET
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Pelosi just wants to bail out public union workers in California. she doesn't give a hoot about forgotten hard working Americans.
Bill Melton
Bill Melton Oct 19, 2020 11:07PM ET
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So much for the Pelosi ultimatum. LOL
Jay Sims
Jay Sims Oct 19, 2020 11:07PM ET
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She's the worst
Dan OGrady
Dan OGrady Oct 19, 2020 11:00PM ET
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Here we go again with another B....S stimulus story now the markets can go up 500 points tomorrow only to fall 600 points when either never happens or Republicans in senate vote down.
Thom Miller
Thom Miller Oct 19, 2020 10:36PM ET
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Matt Thompson is a closet socialist. I can tell by his “mastery” of the written English language.
Thom Miller
Thom Miller Oct 19, 2020 10:31PM ET
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Jeff...you really have a way with words. Do we have yet another uneducated Trumper in our midst?
Jeff Bauman
Jeff Bauman Oct 19, 2020 10:31PM ET
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What kind of a name is Thom? LOL. Sounds like a noise your ma makes when we all take a turn
Jeff Bauman
Jeff Bauman Oct 19, 2020 10:28PM ET
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F this drunk B
Zack Persie
Zack Persie Oct 19, 2020 9:29PM ET
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With Trump's "deal making" failure... yet again... no market rally to make Trump look "beautiful" for reelection... time is fast running out for Trump.
Jeff Bauman
Jeff Bauman Oct 19, 2020 9:29PM ET
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Another lemming
Forex Harbingers
Forex Harbingers Oct 19, 2020 9:29PM ET
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Yes, because voting is so single issue! smdh, sorry the silent majority has seen Biden's corruption and now Hunter's. You better wake up
Tim Gilbert
TimothyTekno2020 Oct 19, 2020 9:29PM ET
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Forex Harbingers  Not to forget Trump's corruption since trying the bribe Ukraine with Congress funded foreign aid, and hiding his tax records to hide his unfaithfulness as a tax cheat.
Options Trader
Options Trader Oct 19, 2020 9:27PM ET
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term limits for goodness sake
Thom Miller
Thom Miller Oct 19, 2020 9:14PM ET
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Trump became this country’s #1 Socialist POTUS.....true free-marketers don’t tinker with tariffs to the detriment of US consumer prices, which have increased 0.5% since Trump imposed his tariffs. That effectively wiped out whatever extra pocket money middle class Americans had after the Trump tax “cuts.” True free-marketers don’t belly ache when the Fed Chair won’t cut interest rates to 0%, but Trump did....he whined and whined for weeks until Powell did it. True free-marketers don’t push the Federal deficit to historical highs, but a Socialist POTUS like Trump did in an election year. So I would totally agree with Luis B: “Looks like Socialism is taking over, even in the great US.” All you uneducated Trumpers should take heart.....your boy has trashed the US free-enterprise system in the name of GOP politics. Don’t be a Schmo, vote for Joe!
Matt Thompson
Matt Thompson Oct 19, 2020 9:14PM ET
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You are a educated *******your parents got ripped off
Christopher Garcia
PopsGTT Oct 19, 2020 9:14PM ET
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Your thoughts and conclusions are deluded and ignore truth - the extensive successes of the administration.
Luis Bustamante
Luis Bustamante Oct 19, 2020 8:44PM ET
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Looks like Socialism is taking over, even in the great US. This is getting ugly folks ....
Bill Hoerter
Bill Hoerter Oct 19, 2020 7:22PM ET
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Tired of corupt politicians.Term limits for Congressman 10 years and 12 years for Senators. Supreme Court Justices limited to 25 years and must give 5 year notice for retirement.
Douglas Kaplan
Douglas Kaplan Oct 19, 2020 6:34PM ET
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Nancy Pelosi is 100% correct! Only if the Republicans don't vote for that judge should she accept that deal.
Matt Brackley
Matt Brackley Oct 19, 2020 6:34PM ET
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LOL you think Pelosi and Trump are different. They are old rich white and powerful. They have the same motivation...money.
Gustav Mahler
Gustav Mahler Oct 19, 2020 6:34PM ET
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Matt Brackley “white” being used as an insult lol. You’re a joke.
Jeff Bauman
Jeff Bauman Oct 19, 2020 6:34PM ET
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you're a disgrace
Bill Melton
Bill Melton Oct 19, 2020 6:34PM ET
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What a ridiculous comparison. Let's start with how did a career politician become so rich on that salary? SMH
Andrew carson
Andrew carson Oct 19, 2020 5:57PM ET
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Do nothing Dems do it again 🥴🚮
Me comment
Me comment Oct 19, 2020 5:57PM ET
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you related to eddie glass
Limin Tandiono
Limin Tandiono Oct 19, 2020 5:45PM ET
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Republican Senators dont care about americans
DC DC
GIMMESTIMMY Oct 19, 2020 5:45PM ET
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I think you have it reversed.
Matt Rustad
Matt Rustad Oct 19, 2020 5:45PM ET
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This is definitely a pelosi issue. She feels like she has trump backed up against the ropes and is asking for too much.
Dario Ruff
Dario Ruff Oct 19, 2020 5:45PM ET
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Matt Rustad she does have trump on the ropes the bill gotta go through her to pass lol
Felipe Daniel
Felipe Daniel Oct 19, 2020 5:03PM ET
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Pelosi is controlled by George Soros she does care about Americans
Eric Stotts
Eric Stotts Oct 19, 2020 5:03PM ET
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you mean doesn't*
Eric Stotts
Eric Stotts Oct 19, 2020 5:03PM ET
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you mean doesn't*
Eric Stotts
Eric Stotts Oct 19, 2020 5:03PM ET
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you mean doesn't
Eric Stotts
Eric Stotts Oct 19, 2020 5:03PM ET
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You mean doesn't*.
Felipe Daniel
Felipe Daniel Oct 19, 2020 5:03PM ET
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Correct she does not
Kenny Venezia
Kenny Venezia Oct 19, 2020 4:59PM ET
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even if Pelosi & Mnuchin agree, the Republicans in the Senate are all over the place and can't agree on the color of an orange. Some Senators want no stimulus at all and everything in between
 
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