Democrats in the US House of Representatives are working on a stimulus package for the coronavirus from $ 2.2 billion that could be voted on next week. The Speaker of the House of Representatives, Nancy Pelosi, reiterated that she is ready to negotiate with the White House.
With formal Covid-19 relief measures stalled for nearly seven weeks, it appears that new legislative efforts are already underway, after Federal Reserve (Fed) Chairman Jerome Powell told Congress that legislators should provide more support to the economy.
According to sources tell Reuters, the stimulus package vote could come in a few days. However, the Republican leader of the House, Kevin McCarthy, has dismissed the new initiative as partisan. Pelosi is also facing pressure from moderate House Democrats, who say they want to see bipartisan aid proposals that have a chance of becoming law.
Formal talks between Pelosi, Senate Democratic Leader Chuck Schumer, Treasury Secretary Steven Mnuchin, and White House Chief of Staff Mark Meadows failed without a deal on August 7, with the two very distant parts. Pelosi and Mnuchin have since spoken on the phone.
"We are ready for negotiation," Pelosi told reporters on Thursday. Pelosi and Schumer, who initially sought a $ 3.4 billion aid package, have cut their claims to $ 2.2 billion. But it is unclear whether the White House will agree to such a sum. Meadows has said that Trump is willing to sign a $ 1.3 billion aid package.
Meanwhile, Senate Republicans, who have not been directly involved in the negotiations, have proposed a $ 1 billion bill, which was rejected by many Republicans who considered it too big and by Senate Democrats who said it was too small.
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