Mnuchin, Pelosi fail to reach coronavirus deal as House Democrats pass their own billFox Business, Oct 1, 2020
The U.S. House of Representatives passed a revised coronavirus relief bill in a largely symbolic vote on Thursday, as discussions between House Speaker Nancy Pelosi, D-Calif., and U.S. Treasury Secretary Steven Mnuchin continue.
The bill has little chance of becoming law since Republicans are unlikely to bite on the $2.2 trillion price tag even though it is nearly $1 trillion less than what Democrats originally proposed in May.
Pelosi acknowledged on Thursday night that she had reached no agreement in her discussions with Mnuchin, but indicated that negotiations would continue.
As previously reported by FOX Business, Mnuchin said on Wednesday that Republicans would not approve a $2.2 trillion package.
He noted that President Trump instructed Republicans to come up from their original negotiating point of $1 trillion – and Mnuchin suggested that the number being discussed was somewhere in the “neighborhood†of $1.5 trillion.
Pelosi pushed back on Republicans’ desire for a “skinny package†on the House floor on Thursday, arguing that the U.S. does not have a “skinny†coronavirus crisis.
More:
https://www.foxbusiness.com/politics/mnuchin-pelosi-fail-coronavirus-deal
