Stimulus package update

Pelosi and Mnuchin have made progress in stimulus talks

Elections are getting closer and closer and White House officials and House Democrats are making one last effort to reach an agreement before November 3. After Nancy Pelosi's 48-hour deadline, they finally seem to be making headway.  

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin made progress in talks on Monday, in a nearly one-hour phone call, according to CNBC.

The pair “continued to narrow their differences,” Pelosi’s spokesman, Drew Hammill, said in a tweeted statement and then added the speaker and Mnuchin plan to talk again on Tuesday.

“The Speaker continues to hope that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election,” he said.

On Sunday, the speaker said to House Democrats in a letter that she is “optimistic that we can reach an agreement before the election.

Even if Pelosi and Mnuchin can strike a deal, Senate Republicans will pose an obstacle to passing it, and the Senate GOP plans to vote on a roughly $500 billion aid package this week.

Senate Majority Leader Mitch McConnell has said, however, that, “if Speaker Pelosi ever lets the House reach a bipartisan agreement with the Administration, the Senate would of course consider it.
 

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