KONTAN.CO.ID - WASHINGTON. U.S. Treasury Secretary Steve Mnuchin said he and House of Representatives Speaker Nancy Pelosi were "far apart" on another coronavirus economic relief package, and that a deal would be hard to reach before the Nov. 3 elections, but he would keep trying. The White House and Democrats and Republicans in Congress are under mounting pressure to hammer out a fiscal stimulus deal to help Americans weather a pandemic that has killed nearly 216,000 people and damaged the economy. But the two sides are divided over several priorities. Meanwhile, Senate Republicans are resisting as too expensive a $1.8 trillion offer that Mnuchin proposed last week. Pelosi says it's insufficient and is calling for a $2.2 trillion package.
Mnuchin says coronavirus aid deal unlikely before U.S. election, will keep trying
KONTAN.CO.ID - WASHINGTON. U.S. Treasury Secretary Steve Mnuchin said he and House of Representatives Speaker Nancy Pelosi were "far apart" on another coronavirus economic relief package, and that a deal would be hard to reach before the Nov. 3 elections, but he would keep trying. The White House and Democrats and Republicans in Congress are under mounting pressure to hammer out a fiscal stimulus deal to help Americans weather a pandemic that has killed nearly 216,000 people and damaged the economy. But the two sides are divided over several priorities. Meanwhile, Senate Republicans are resisting as too expensive a $1.8 trillion offer that Mnuchin proposed last week. Pelosi says it's insufficient and is calling for a $2.2 trillion package.