After a very confusing week of back-and-forth between the Trump administration and House Speaker Nancy Pelosi with both sides making a last effort to sign a bill before election day, neither party has supported Trump’s proposed bill. Is a deal still possible?
On Saturday, Democrats in the House and Republicans in the Senate expressed opposition to President Donald Trump’s $1.8 trillion coronavirus stimulus offer. After a complicated week for negotiators, this seems to ward off the possibility of a new stimulus package being passed before elections.
According to CNBC, the White House’s offer nearly doubles the original proposal by the GOP but is still $400 billion less than what Democrats are asking for.
This has left party leaders in Congress on both sides unhappy.
“This proposal amounted to one step forward, two steps back,” Nina Pelosi said of the stimulus offer in a letter to her members Saturday.
“When the President talks about wanting a bigger relief package, his proposal appears to mean that he wants more money at his discretion to grant or withhold, rather than agreeing on language prescribing how we honor our workers, crush the virus and put money in the pockets of workers,” Pelosi said.
She said the administration’s proposal hasn’t contemplated a strategic plan to contain the spread of the virus and has inadequate funding for state and local governments and financial relief for American families who are struggling.
Pelosi has called to reinstate the weekly $600 enhanced unemployment benefit that ended in July and put tens of billions of dollars into contact tracing, Covid-19 testing, and vaccine development.
“Despite these unaddressed concerns, I remain hopeful that yesterday’s developments will move us closer to an agreement on a relief package that addresses the health and economic crisis facing America’s families,” Pelosi said.
Senate Republicans also expressed opposition to the proposed bill, on Saturday, during a morning call with Steven Mnuchin and White House Chief of Staff Mark Meadows, reported NBC News.
With things changing every moment, It remains to be seen if Congress can iron out differences in time to pass another relief bill before Nov. 3 and avoid the risks of not giving the US the financial aid that will help it to stay afloat.