Coronavirus stimulus bill: Democrats and Republicans appear close to $2tn deal
Senate minority leader Chuck Schumer and US treasury secretary Steven Mnuchin appeared on Tuesday morning to be close to a deal over a coronavirus stimulus bill, even as Donald Trump signaled his wish to reopen the economy and continued to attack House speaker Nancy Pelosi over her own stimulus proposal.
Mnuchin told reporters on Capitol Hill, just before midnight on Monday: “I think we’ve made a lot of progress. There’s still a couple of open issues, but I think we’re very hopeful that this can be closed out [on Tuesday].”
Mnuchin said he and Schumer had consulted the president and Senate majority leader Mitch McConnell on the details of the deal, which is believed to secure around $2tn in aid for workers and businesses.
Schumer said: “We expect to have an agreement tomorrow morning. There’s still a few little differences. Neither of us think they’re in any way going to get in the way of a final agreement.”
Schumer added that Trump seemed “very positive” about the talks.
But the president took aim at Pelosi, who introduced House Democrats’ own $2.5tn stimulus plan in a bid to shape negotiations. In a late-night tweet, Trump accused Pelosi of seeking to derail a Republican-sponsored Senate bill.
Republicans criticized Pelosi’s rival bill as a wishlist, saying it included politically charged spending add-ons and regulations on federal elections, minimum wage, union regulations and climate change. Democrats made similar charges about the Republican Senate bill.Post too long. Click here to view the full text.