Home / US / Mnuchin’s latest overture to Pelosi goes nowhere and relief talks stop again

Mnuchin’s latest overture to Pelosi goes nowhere and relief talks stop again

“The Democrats have compromised. “We have repeatedly made it clear to the administration that we are willing to bring down $ 1 trillion if they will reach $ 1 trillion,” Pelosi and Schumer said in a statement. But it is clear that the administration still does not understand the magnitude of the problems facing American families. “

Democrats cited comments made by Mnuchin in an interview with Fox Business Network earlier Wednesday, accusing Democrats of refusing to compromise on issues, including their nearly $ 1

trillion demand for state and local governments.

After negotiations involving Pelosi, Schumer, Mnuchin and Chief of Staff Mark Meadows broke down on Friday, President Trump announced a series of executive measures aimed at curbing drafts, increasing improved unemployment benefits and postponing payroll taxes and student loan payments.

“Instead of the Democrats basically saying ‘give no one anything if we can not get exactly what we want,’ the president wants to move forward with a very fair proposal,” Mnuchin said Wednesday in an interview with Fox Business Network.

The executive measures are limited in scope, and the provision on unemployment insurance proves confusing for government officials. It would provide an additional $ 300 per week in enhanced unemployment benefits, to partially replace a $ 600 federal benefit approved by Congress in March but expired on July 31.

The new money would come from funds maintained by the Federal Emergency Management Agency.

Mnuchin also made it clear on Wednesday that the two parties were not in the same ballpark on the total cost of the bill, which Democrats have said could not be less than $ 2 trillion. Republicans including Mnuchin have said $ 2 trillion is too high.

“Our view is that we should spend just over a trillion dollars on areas of the economy that will have a big impact now that we can agree,” Mnuchin said. “And if we need to do more, we will come back and do more and work together.”

The Senate has been in session this week, after Majority Leader Mitch McConnell (R-Ky.) Delayed a planned August recess in hopes of voting on legal aid for coronavirus. But there are few senators in the Capitol, and no negotiations or votes have taken place. The house is finished.

Wednesday’s talks between Pelosi and Mnuchin were the first real contact between the two sides since Friday, but it did not seem to move forward.

Instead, the Senate seems likely to deepen on Thursday for the rest of the month. And it is increasingly possible that there will be no new agreement on coronavirus legislation until sometime in September, when a deadline for a ceasefire on 1 October will force legislative measures of some kind.

Asked on Wednesday if it was possible that there would be no agreement until that deadline approached, Pelosi said: “I do not hope, no. People will die. “

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