Politics Pelosi Says White House Has to Offer More on Stimulus for a Deal
Trump threw stimulus checks back into play and called for a large economic aid package — but Republicans still aren't backing more spending
Trump has tried prodding Republicans to back more stimulus spending, but his influence appears to be limited. Democrats are holding firm.But the Senate GOP hasn't been swayed so far — and they're doubling down on their reluctance to approve more federal spending after Democrats blocked a slimmed-down $300 billion package last week.
(Bloomberg) -- House Speaker Nancy Pelosi said the White House will have to agree to “much more” spending for a fresh round of stimulus if there is any hope of striking a deal before the election.
Pelosi said she talked with Treasury Secretary Steven Mnuchin on Sunday and plans to discuss the stimulus with him again on Monday. She held out hopes that they still can find a way to bridge the roughly $1 trillion gap between them on a plan to bolster the economy.
Nancy Pelosi blurts out 'Good Morning Sunday morning' in ABC interview
House Speaker Nancy Pelosi blurted 'Good Morning, Sunday Morning' during her interview with George Stephanopoulos on This Week. The utterance appeared to make no sense.Host George Stephanopoulos had asked the speaker about possibility of a second attempt at impeaching Trump in the coming months, but instead of responding to the anchor's question, Pelosi said: 'Good morning, Sunday morning.
Nancy Pelosi speaks during an interview at the Russell Senate Office Building on Capitol Hill in Washington, D.C. on Sept. 28.
Photographer: Sarah Silbiger/Bloomberg
“We can get this done,” Pelosi said Monday on MSNBC, while emphasizing that more money is needed to combat the pandemic, safely open schools and businesses and help Americans hurt by recession.
“When he’s ready to come back to the table we’re ready to have that conversation,” Pelosi said. “But he has to come back with much more money to get the job done.”
Give $1,000 Stimulus Check Every Two Weeks to Help Families, Economy: Cuban
Entrepreneur Mark Cuban has suggested such action could help families while also boosting spending which would support businesses.The entrepreneur made the suggestion in an interview for CNBC Make It, insisting such a course of action would be beneficial having previously urged such measures in May.
The sides have been at an impasse since August, and time is running out for a deal before the Nov. 3 election. Pelosi has been insisting that the White House agree to at least $2.2 trillion in new aid, including funds for cash-strapped state and local governments and $600 per week in supplemental unemployment benefits. But the Democratic demands have since grown to $2.4 trillion.
Trump has indicated he could support as much as $1.5 trillion in aid, higher than the $650 billion put forth in a “skinny” aid package by Senate Republicans.
On Sunday, Pelosi said on CNN’s “State of the Union” that she and House Democrats would be making a new “proffer” in the negotiations soon, and that details would be outlined in a draft bill they will be ready to vote on even if there is no deal.
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Nancy Pelosi and Steve Mnuchin Fail to Agree on Stimulus Deal Yet Again .
"Today, Secretary Mnuchin and I had an extensive conversation and we found areas where we are seeking further clarification," House Speaker Nancy Pelosi said in a statement. "Our conversations will continue.""Today, Secretary Mnuchin and I had an extensive conversation and we found areas where we are seeking further clarification," Pelosi said in a statement. "Our conversations will continue.