House Speaker Nancy Pelosi clashed with CNN’s Wolf Blitzer over why Democrats haven’t accepted the Trump administration’s $1.8 trillion stimulus offer



a close up of a person wearing a costume: Speaker of the House Nancy Pelosi (D-CA) speaks during a press conference to mark the anniversary of the House passage of the 19th Amendment and women's right to vote, on Capitol Hill May 21, 2020 in Washington, DC. Drew Angerer/Getty Images


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Speaker of the House Nancy Pelosi (D-CA) speaks during a press conference to mark the anniversary of the House passage of the 19th Amendment and women’s right to vote, on Capitol Hill May 21, 2020 in Washington, DC. Drew Angerer/Getty Images

  • House Speaker Nancy Pelosi got into a heated argument with CNN’s Wolf Blitzer Tuesday as the host grilled her on the ongoing negotiations on a second COVID-19 relief package.
  • A second coronavirus relief bill has been stalled in Congress as the Senate and House failed to come to a consensus on the details of the proposal.
  • “Madame Speaker, I’m asking you this because so many people are in desperate need right now,” Blitzer said and asked why Pelosi had not yet reached out to President Donald Trump personally to negotiate.
  • “What makes me amused, if it weren’t so sad, is how you all think that you know the suffering of the American people [more] than those of us who are elected by them to represent them at that table,” Pelosi responded.
  • Visit Business Insider’s homepage for more stories.

House Speaker Nancy Pelosi clashed with CNN’s Wolf Blitzer in an interview Tuesday over continued delays in approving another coronavirus stimulus package.

Pelosi appeared on CNN Tuesday, where Blitzer grilled the House Speaker on why Democrats haven’t accepted the Trump administration’s $1.8 trillion stimulus offer.

A coronavirus relief bill has been stalled in Congress as the Senate and House failed to come to a consensus on the details of the proposal.

Pelosi has been in talks with the White House and Treasury Secretary Steven Mnuchin to negotiate a middle ground between House Democrats and the administration, but the conversations over several weeks have so far not produced a bipartisan package.

Blitzer cited criticism from Rep. Ro Khanna and entrepreneur Andrew Yang, with whom the CNN host spoke to on Monday regarding the bill.

“The only thing that’s keeping us from passing it is politics,” Yang said in response to the relief bill delays, encouraging Pelosi to say “yes” to the negotiations.

“Honest to God, I can’t get over it, because Andrew Yang, he’s lovely; Ro Khanna, he’s lovely,” Pelosi replied. “But they have no idea of the particulars. They have no idea of what the language is here.”

“Madame Speaker, I’m asking you this because so many people are in desperate need right now,” Blitzer said and then asked why Pelosi had not yet reached out to President Donald Trump personally to negotiate and provide relief from the fallout of the pandemic sooner.

“What makes me amused, if it weren’t so sad, is how you all think that you know the suffering of the American people [more] than those of us who are elected by them to represent them at that table,” Pelosi responded to the question.

“It is unfortunate that we don’t have shared values with this White House and … that we have to fight with them

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Nancy Pelosi blasts the White House’s $1.8 trillion stimulus offer and lists 8 areas with ‘deficiencies’



Nancy Pelosi wearing a blue shirt: The House passed a $2.2 trillion stimulus to help keep the US economy afloat during the coronavirus pandemic. Nicholas Kamm/AFP via Getty Images


© Nicholas Kamm/AFP via Getty Images
The House passed a $2.2 trillion stimulus to help keep the US economy afloat during the coronavirus pandemic. Nicholas Kamm/AFP via Getty Images

  • Speaker Nancy Pelosi ripped into the Trump administration’s virus relief proposal on Tuesday.
  • “A fly on the wall or wherever else it might land in the Oval Office tells me that the President only wants his name on a check to go out before Election Day and for the market to go up,” Pelosi said in a letter to House Democrats.
  • She listed eight areas where Democrats said it had “deficiencies,” among them state and local aid, virus testing, and tax credits for low-income individuals.
  • Visit Business Insider’s homepage for more stories.

Speaker Nancy Pelosi fiercely criticized the Trump administration’s $1.8 stimulus offer for the third time on Tuesday, and outlined eight areas where Democrats say the plan falls woefully short.

She argued that President Donald Trump’s interest in an economic relief package stems from a desire to send another wave of $1,200 stimulus checks and juice the stock market.

“A fly on the wall or wherever else it might land in the Oval Office tells me that the President only wants his name on a check to go out before Election Day and for the market to go up,” Pelosi said in a letter to House Democrats.

The White House plan includes $1,200 direct payments, $400 weekly federal unemployment benefits, $300 billion in aid to state and local governments, and funds for virus testing and tracing.

The California Democrat listed eight areas with significant “deficiencies:”

  • Aid to state and local governments.
  • Coronavirus testing.
  • Tax credits for families and low-income individuals.
  • Rental assistance.
  • Workplace protections and childcare.
  • Federal funds for states to conduct safe elections.
  • Relief for small businesses.
  • Census funding.

Pelosi called for “significant changes” to the White House plan.

Read more: A $2.5 billion investment chief highlights the stock-market sectors poised to benefit the most if stimulus is passed after the election — and says Trump ending negotiations doesn’t threaten the economic recovery

Negotiations on another stimulus package appear to be deadlocked once again after the Trump administration bumped up its stimulus offer to $1.8 trillion on Friday. Both parties panned the proposal over the weekend. Republicans assailed it as a costly package while Democrats contended it didn’t do enough to address the public health and economic crises.

The on-again, off-again talks between Pelosi and Treasury Secretary Steven Mnuchin entered a volatile period last week after Trump ended them and revived the discussions a few days later. But there’s been no major headway with Democrats calling for at least $2.2 trillion in spending. The Democratic-led House approved an economic aid package earlier this month.

Trump is doubling down on his efforts to secure a coronavirus relief package with three weeks to go before Election Day as polls indicate he is trailing his Democratic opponent, Joe Biden.

The president called on Republicans to approve a federal rescue package on

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Nancy Pelosi merely panned the White House’s $1.8 trillion relief offer, but Republicans revolted against it.

Senate Republicans revolted over the contours of a $1.8 trillion relief proposal that is the Trump administration’s latest and largest offer to House Democrats, further jeopardizing already dim prospects for an agreement on a broad stimulus bill before Election Day.

Even as House Speaker Nancy Pelosi insisted that the offer remained inadequate, many Republican senators lashed into the administration’s approach to the revived negotiations during a conference call on Saturday morning between close to half of the chamber’s Republicans and top administration officials.

The $1.8 trillion proposal that Steven Mnuchin, the Treasury secretary, put forward on Friday was the administration’s biggest offer since bipartisan negotiations began in late summer. The proposal came just days after President Trump abruptly ended negotiations and then, facing a backlash, reversed course and began urgently seeking to secure Democratic support for a deal.

The stark divisions between most Senate Republicans and the White House undercut the potential for an agreement before the election on Nov. 3, even as the country’s economic recovery continues to falter and tens of thousands of Americans, businesses and schools struggle to weather the pandemic without federal relief.

The Republican criticism on Saturday was so severe that Mark Meadows, the White House chief of staff, at one point told the senators on the conference call that he would relay their concerns to Mr. Trump, but that then “you all will have to come to my funeral.” (Mr. Mnuchin concurred.)

Details of the call were described in some manner by seven people briefed on the discussion, who all insisted on anonymity to disclose details of a private conversation.

Most of the senators who spoke on the call signaled an openness to continuing negotiations. However, there was widespread dissatisfaction with how expensive the administration’s offer had become, as well as with the perception that Mr. Mnuchin, in talks with Ms. Pelosi, was relying far more on the Democrats’ proposed $2.2 trillion plan as a baseline than the two more limited proposals put forward by Senate Republicans.

“There’s no appetite right now to spend the White House number or the House number,” Senator Lamar Alexander of Tennessee said on the call, reflecting longstanding concerns among senators eager to protect their credentials as fiscal hawks and stave off primary challengers in the next election cycle.

Senator Marsha Blackburn of Tennessee warned that accepting a bill with Ms. Pelosi’s support would amount to a “death knell” for Republican ambitions to retain their majority in the Senate and would “deflate” the party’s base.

Ms. Pelosi, for her part, informed Democratic lawmakers on Saturday that she found elements of Mr. Mnuchin’s proposal to be inadequate, writing in a letter that “this proposal amounted to one step forward, two steps back.”

“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,” Ms. Pelosi wrote, adding “at this point, we still have disagreement on many priorities.” She ticked off a number of unresolved

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White House offers $1.8 trillion plan

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Senate Majority Leader Mitch McConnell said Thursday he hasn’t been to the White House since August 6.

USA TODAY

WASHINGTON – The White House offered Democrats a $1.8 trillion COVID-19 stimulus package as President Donald Trump reverses course on stimulus negotiations, saying he wants to “Go Big.”

The proposal is a $1.8 trillion offer, according to an administration official speaking on the condition of anonymity to discuss details of a negotiation still underway. It is about $200 billion more than the White House’s $1.6 trillion proposal last week.

The White House’s latest offer is still smaller than the $2.2 trillion Democrats most recently offered and which Trump rejected on Tuesday. Trump seemed to undercut his administration’s negotiation Friday afternoon, telling Rush Limbaugh in an interview, “I would like to see a bigger stimulus package frankly than either the Democrats or the Republicans are offering.”

White House spokesperson Alyssa Farah told reporters later Friday the administration wants to “stay below 2 trillion.”

House Speaker Nancy Pelosi talked on the phone Friday with Treasury Secretary Steven Mnuchin for just over a half hour, Pelosi spokesperson Drew Hammill said.

According to Hammill, Mnuchin “attempted” to return with a new proposal, but Hammill noted the “absence of an agreement on a strategic plan to crush the virus,” echoing a letter Pelosi sent to House Democrats earlier in the day outlining Democrats’ demands for relief provisions to include a plan for testing, contact-tracing, and vaccines. Democrats were still waiting on the text of a proposal and negotiations on the overall funding amount would continue, he said. 

Director of the National Economic Council Larry Kudlow told reporters Friday that Trump had approved a “revised” stimulus package, though he declined to provide details. Kudlow has not been part of negotiations so far, which have largely involved Pelosi, Senate Minority Leader Chuck Schumer, White House Chief of Staff Mark Meadows, and Mnuchin.

More: House passes COVID-19 stimulus bill opposed by Senate as negotiations stall out

Shortly after, Trump tweeted, “Covid Relief Negotiations are moving along. Go Big!”

Pelosi said on MSNBC Friday she would talk more with Mnuchin as they worked through differences on funding amounts and on policy in the bill. Negotiations have deadlocked over provisions like funding for state and local governments and the dollar amount for a federal unemployment benefit boost. “I do hope we will have an agreement soon,” she said.

The optimism comes three days after Trump abruptly rejected the recent Democratic proposal and said he wanted to postpone any negotiations until after the November election. Since then, Trump has reversed course, saying he wanted standalone bills to send out stimulus checks and provide relief to airlines.

Any negotiated deal, however, will have to pass through the Republican-controlled Senate, where members have expressed hesitancy at spending trillions of dollars on COVID-19 relief.

At an event in Kentucky Friday, Senate Majority Leader Mitch McConnell said it was “unlikely” a stimulus deal would occur before the election.

He said at another event it

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Trump Raises Stimulus Offer to $1.8 Trillion

WASHINGTON — The White House moved aggressively on Friday to revive stimulus talks that President Trump had called off just days earlier, putting forward its largest offer for economic relief yet as administration officials and embattled Republican lawmakers scrambled to avoid being blamed by voters for failing to deliver needed aid ahead of the election.

The new proposal’s price tag of $1.8 trillion, which Treasury Secretary Steven Mnuchin presented to Speaker Nancy Pelosi in a roughly 30-minute phone call, was nearly double the original offer the administration put forward when talks began in late summer.

It was the latest indication that the White House was eager to backtrack from Mr. Trump’s decision on Tuesday to abruptly halt negotiations, and it reflected a growing sense of dread both at the White House and among vulnerable Senate Republicans facing re-election about the political consequences of his actions. The offer also highlighted the deep and persistent divisions among Republicans — most of whom have balked at a large new federal infusion of pandemic aid — that have complicated the negotiations for months.

Now, with Mr. Trump pressing to “Go Big,” as he put it in a tweet on Friday, he has raised the prospect of pushing through a plan that his own party refuses to accept, giving Ms. Pelosi and Democrats fresh leverage to dictate the terms of any deal.

On Friday, she was continuing to hold out for more concessions. While Mr. Mnuchin’s latest offer “attempted to address some of the concerns Democrats have,” Drew Hammill, a spokesman for Ms. Pelosi, said it did not include an agreement on a national strategy for testing, tracing and other efforts to contain the spread of the virus, which the speaker has pushed for in recent weeks. “For this and other provisions, we are still awaiting language from the administration as negotiations on the overall funding amount continue.”

“I do hope we will have an agreement soon but, as you say, they keep changing,” Ms. Pelosi said on MSNBC. Referring to Mr. Trump’s tweets that temporarily ended the negotiations, she added that the president “got a terrible backlash from it, including in the stock market, which is what he cares about. And so then he started to come back little by little, and now a bigger package.”

Speaking on the right-wing radio host Rush Limbaugh’s show, Mr. Trump conceded that he had changed his position on approving additional coronavirus aid before Election Day, declaring “I would like to see a bigger stimulus package, frankly, than either the Democrats or Republicans are offering.” (Alyssa Farah, the White House communications director, later contradicted Mr. Trump’s assertion, telling reporters at the White House that the administration wanted a final package to remain below $2 trillion, which is less than the $2.2 trillion measure Ms. Pelosi pushed through the House this month.)

Such sums are deeply alarming to most Republicans, who are increasingly contemplating their party’s future after Mr. Trump departs the political scene and are determined to reclaim

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White House Proposes $1.8 Trillion Stimulus, Trump Says Go Bigger

With the presidential election fast approaching, the White House on Friday proposed a beefed-up $1.8 trillion economic rescue plan to try to coax congressional Democrats into an agreement.

President Donald Trump, who this week has veered wildly in his position on stimulus to help the world’s largest economy recover from the damage done by the Covid-19 pandemic, now seems to be making a major push to roll out funding before he stands for re-election on November 3.

The new proposal, an improvement over the administration’s previous $1.6 trillion offer, brings them closer to the Democrats’ latest package costing $2.2 trillion.

White House spokeswoman Alyssa Farah said the administration was “willing to come up on the level” but wanted to keep the price tag “below $2 trillion.”

It's unlikely that Congress will be able to pass a new stimulus package for the US economy before the November 3 election, Senate Majority Leader Mitch McConnell said It’s unlikely that Congress will be able to pass a new stimulus package for the US economy before the November 3 election, Senate Majority Leader Mitch McConnell said Photo: AFP / Nicholas Kamm

But Trump, who is trailing in the polls against Democratic rival Joe Biden, said he wants an even more robust plan.

“A lot of people are being hurt. I would like to see a bigger stimulus package, frankly, than either the Democrats or the Republicans are offering,” Trump said in an interview with conservative talk radio host Rush Limbaugh.

“I would like to see money going to people. It was not their fault.”

That marked the latest dramatic shift from the president who just days ago called off negotiations with Democrats and said there would be no new aid to struggling businesses and unemployed workers until after the election.

US President Donald Trump said talks on a new economic stimulus package are going well US President Donald Trump said talks on a new economic stimulus package are going well Photo: AFP / NICHOLAS KAMM

But as Trump has turned cheerleader and trumpets his newfound optimism, Senate Majority Leader Mitch McConnell poured cold water on the chances for a deal, saying Congress is unlikely to agree on a new stimulus package before the election due to “vast” differences over how much to spend.

“We do need another rescue package, but the proximity to the election and the differences of opinion about what is needed at this particular juncture are pretty vast,” McConnell said Friday at a press conference in his home state of Kentucky.

While he would like to see legislators rise above their political differences “I think that’s unlikely in the next three weeks,” the Republican senator said.

House Speaker Nancy Pelosi said she and Treasury Secretary Steven Mnuchin continue to discuss the size and composition of a new stimulus plan House Speaker Nancy Pelosi said she and Treasury Secretary Steven Mnuchin continue to discuss the size and composition of a new stimulus plan Photo: AFP / MANDEL NGAN

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have been negotiating for weeks, raising hopes for a huge, new relief package to follow up on the $2.2 trillion CARES Act and other measures that brought the total aid passed by Congress to nearly $3 trillion.

Pelosi said differences remain over policy as well as money.

“I do hope that we will have an agreement soon,” Pelosi said Friday on

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White House Floats $1.8 Trillion Stimulus Offer in Last-Ditch Effort: Live Updates

Credit…Pete Marovich for The New York Times

The White House, seeking to revive stimulus talks that President Trump called off just days ago, planned on Friday to put forward its largest offer for economic relief yet, as some Republicans worried about being blamed by voters for failing to deliver needed aid ahead of the election.

The new proposal, for Treasury Secretary Steven Mnuchin to present to congressional Democrats, would increase the White House’s plan for coronavirus stimulus to $1.8 trillion.

The president “would like to do a deal,” Larry Kudlow, director of the National Economic Council, said on the Fox Business Network on Friday, in the latest head-snapping turn in the on-again-off-again negotiations. The overall price tag of the offer was confirmed by two people familiar with the discussions, who spoke on condition of anonymity to disclose details of the talks.

Fanning the sense of optimism, Mr. Trump wrote on Twitter: “Covid Relief Negotiations are moving along. Go Big!”

The prospects of a compromise remained remote, however, given the opposition of many Republicans to another large infusion of federal virus aid. Speaking to reporters in Kentucky, Senator Mitch McConnell, the majority leader, cast doubt on the chances of a deal, saying political divisions remained too deep less than a month before Election Day.

“The situation is kind of murky and I think the murkiness is a result of the proximity to the election and everybody kind of trying to elbow for political advantage,” Mr. McConnell said. “I’d like to see us rise above that like we did back in March and April, but I think that’s unlikely in the next three weeks.”

Yet the White House was working to resuscitate negotiations that Mr. Trump himself cut off in a series of indignant tweets on Tuesday, amid deep concern among some vulnerable Republicans that his abrupt abandonment of the talks would hurt them politically.

Mr. Kudlow said that the president met with Mr. Mnuchin and Mark Meadows, White House chief of staff, on Friday and that the Treasury secretary would speak with Speaker Nancy Pelosi of California later Friday afternoon.

Without an agreement, the collateral damage across the country has continued to mount in the absence of federal funding, with more than 800,000 Americans filing new applications for state benefits, before adjusting for seasonal variations.

Even if Ms. Pelosi were to accept the administration’s latest proposal, which is lower than the $2.2 trillion package she pushed through the House this month, Senate Republicans remain divided over the scope of another coronavirus relief package.

Most of them opposed the original $1 trillion offer Mr. McConnell presented in July, after days of haggling with the White House, in part because they were concerned about adding to the national debt. Mr. McConnell has since scaled back the offer considerably, proposing a $350 billion “skinny” plan that Democrats blocked, calling it inadequate.

A

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White House to offer $1.8 trillion plan

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Senate Majority Leader Mitch McConnell said Thursday he hasn’t been to the White House since August 6.

USA TODAY

WASHINGTON – The White House is set to offer Democrats a $1.8 trillion COVID-19 stimulus package as President Donald Trump reverses course on stimulus negotiations, saying he wants to “Go Big.”

The proposal is a $1.8 trillion offer, according to an administration official speaking on the condition of anonymity to discuss details of a negotiation still underway. It is about $200 billion more than the White House’s $1.6 trillion proposal last week. It is still smaller than the $2.2 trillion Democrats most recently offered and which Trump rejected on Tuesday.

House Speaker Nancy Pelosi is set to talk Friday with Treasury Secretary Steven Mnuchin.

Director of the National Economic Council Larry Kudlow told reporters Friday that Trump had approved a “revised” stimulus package, though he declined to provide details. Kudlow has not been part of negotiations so far, which have largely involved Pelosi, Senate Minority Leader Chuck Schumer, White House Chief of Staff Mark Meadows, and Mnuchin.

More: House passes COVID-19 stimulus bill opposed by Senate as negotiations stall out

Shortly after, Trump tweeted, “Covid Relief Negotiations are moving along. Go Big!”

Pelosi said on MSNBC Friday she would talk more with Mnuchin as they worked through differences on funding amounts and on policy in the bill. Negotiations have deadlocked over provisions like funding for state and local governments and the dollar amount for a federal unemployment benefit boost. “I do hope we will have an agreement soon,” she said.

The optimism comes three days after Trump abruptly rejected the recent Democratic proposal and said he wanted to postpone any negotiations until after the November election. Since then, Trump has reversed course, saying he wanted standalone bills to send out stimulus checks and provide relief to airlines.

Any negotiated deal, however, will have to pass through the Republican-controlled Senate, where members have expressed hesitancy at spending trillions of dollars on COVID-19 relief.

At an event in Kentucky Friday, Senate Majority Leader Mitch McConnell said it was “unlikely” a stimulus deal would occur before the election.

He said at another event it was “unclear” if both sides could reach a deal on another package, adding the “first item of priority in the Senate is the Supreme Court” and confirming Trump’s nominee Judge Amy Coney Barrett. 

Mitch McConnell: A COVID-19 relief deal is ‘unlikely’ before Election Day

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White House Increases Fiscal-Stimulus Offer to $1.8 Trillion

(Bloomberg) — The White House plans to offer a $1.8 trillion stimulus proposal in talks Friday between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi, as a top Republican expressed skepticism any deal could get through Congress before the election.

After walking away from talks with Democrats earlier this week, President Donald Trump has reversed course and is now looking for a deal with the election three weeks away and polls showing him trailing Democrat Joe Biden.

“The president has approved a revised package. He would like to do a deal,” Trump economic adviser Larry Kudlow said Friday on Fox Business. “It will be relatively broad based but I can’t go through details.”

Three people familiar with the matter said the White House is increasing its proposal to $1.8 trillion from the roughly $1.6 trillion Mnuchin previously brought into negotiations. Pelosi is proposing the $2.2 trillion package the House has already approved.

Stocks jumped after Kudlow’s remarks, with the S&P 500 Index up 1% as of 12:25 p.m. They had tumbled on Tuesday, when Trump pulled his team from stimulus negotiations.

McConnell Skeptical

Kudlow spoke a short time after Senate Majority Leader Mitch McConnell said there’s probably not enough time before the election to bridge the “vast” differences on a new virus relief package.

“I believe that we do need another rescue package, but the proximity to the elections and the differences of opinion about what is needed are pretty vast,” McConnell said at an event in his home state of Kentucky.



a man in a suit standing in front of a building: Pelosi, Mnuchin Trade Stimulus Plans To Bridge Stubborn Divides


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Pelosi, Mnuchin Trade Stimulus Plans To Bridge Stubborn Divides

Mitch McConnell departs a television interview in the Russell Senate Office Building in Washington, D.C., U.S. on Oct. 6.

Photographer: Stefani Reynolds/Bloomberg

Even if there is an agreement, it would take time to write legislative text, call lawmakers back to Washington and hold a debate and vote in Congress.

And even then, Republicans may be as big an obstacle to Trump as Pelosi.

McConnell has said that there are members of his GOP majority who think the government has already provided enough stimulus. House Republican leader Kevin McCarthy has also said his caucus members are skeptical of a large package. “We’d have to see what’s in it, but I think it’s difficult,” he said last month.

In his remarks Friday, McConnell specifically highlighted the “narrowly targeted” GOP package of about a half-trillion dollars that Democrats blocked as insufficient last month.

Pelosi Awaits

Pelosi said she and Mnuchin will be exchanging responses to questions each side had in their earlier conversations when they talk again on Friday.

“Part of it is about money, part is about policy,” she said on MSNBC. “We’ll see what they have to offer today.”



House Speaker Nancy Pelosi Holds Weekly News Conference


© Bloomberg
House Speaker Nancy Pelosi Holds Weekly News Conference

Nancy Pelosi at the Russell Senate Office Building on Oct. 8.

Photographer: Stefani Reynolds/Bloomberg

Pelosi sent a letter to House Democrats Friday morning criticizing Trump for not taking the pandemic seriously enough.

“The Administration does not share

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White House Preparing New $1.8 Trillion Stimulus Proposal

White House adviser Larry Kudlow said Friday that President Trump had approved moving ahead with a revised stimulus offer.



Photo:

Erin Scott/Bloomberg News

Breaking News:

*White House Preparing New $1.8 Trillion Stimulus Proposal—Sources

*Last White House Offer Was $1.6 Trillion

(Article below will update)

The White House is preparing a $1.8 trillion coronavirus relief offer, its largest proposal to date in the long running negotiations with congressional Democrats, according to people familiar with the discussions.

Treasury Secretary Steven Mnuchin is expected to discuss a new $1.8 trillion proposal with House Speaker Nancy Pelosi (D., Calif.) when the two speak Friday. The White House proposal marks a further winnowing of the distance between the administration and Democratic leaders over the bill’s overall price tag.

“Covid Relief Negotiations are moving along. Go Big!” President Trump said in a tweet Friday.

Democrats last week passed a $2.2 trillion aid package, a scaled-back version of their earlier $3.5 trillion legislation. Mr. Mnuchin had previously proposed a $1.6 trillion offer.

White House adviser Larry Kudlow said Friday that Mr. Trump had approved moving ahead with a revised stimulus offer that would include aid for small businesses and airlines, as well as checks for households.

Write to Kristina Peterson at [email protected] and Kate Davidson at [email protected]

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