U.S. House Speaker Nancy Pelosi, Democrat of California, leaves the country following her weekly press conference on Capitol Hill in Washington, DC on October 8, 2020.
Andrew Caballero-Reynolds | AFP | Getty Images
House Speaker Nancy Pelosi on Saturday dismiss the Trump administration at the latest Coronavirus Stimulus offer, continuing complicated Democratic-Republican negotiations that have been going on for months.
The White House on Friday increased its offering to $ 1.8 trillion, almost twice the Republicans’ original offer when talks began late summer, but about $ 400 billion less than that $ 2.2 trillion that Democrats passed earlier.
“That proposal was one step forward, two steps back,” said Pelosi said about the Trump administration’s stimulus offer.
“When the president talks about wanting a bigger aid package, his suggestion seems to mean that he wants to give or withhold more money at his own discretion instead of agreeing on a language that dictates how we honor our workers, the virus destroy and put money in the EU. ” Worker’s bags, “said Pelosi.
Congress hasn’t passed new aid for months as the virus continues to spread across the country and economic recovery slows.
Pelosi said the government proposal lacks a strategic plan to contain the spread of the virus and has inadequate funding for state and local governments, as well as financial relief for American families.
Pelosi has called for a contract that reinstates the $ 600-a-week additional unemployment benefit that ended in July and puts tens of billions of dollars in contact tracking, Covid-19 testing and vaccine development.
“Despite these unresolved concerns, I continue to hope that yesterday’s developments will bring us closer to reaching an agreement on an aid package that will address the health and economic crisis of American families,” said Pelosi.
When I called the finance minister on Saturday morning Steven Mnuchin and White House Chief of Staff Mark Meadows, Senate Republicans opposed the White House’s new proposal over the price and some guidelines, sources told NBC News. A source said Republicans are struggling with what they termed an effort by the Democrats to provide maximum health insurance subsidies to every new Obamacare enrollment under an agreement.
As Election Day draws nearer, it’s unclear whether Congress has enough time to come up with a pandemic relief bill and get it through the Republican-held Senate, which is moving swiftly to confirm Judge Amy Coney Barrett in the Supreme Court.
Trump, who cut off talks a few days ago, now said he had changed his position to approve more coronavirus aid ahead of the November elections, telling right-wing radio host Rush Limbaugh: “I would honestly see a bigger stimulus package than that either the Democrats or Republicans are bidding. “
However, White House communications director Alyssa Farah later told reporters that the government wants a package that costs less than $ 2 trillion, which is less than the $ 2.2 trillion proposed by the Democrats.
– CNBC’s Jacob Pramuk contributed to this report