Mnuchin: $1 trillion is GOP starting point for coronavirus talks
By Jordain Carney - 07/20/20 01:05 PM EDT
Treasury Secretary Steven Mnuchin said on Monday that Republicans view $1 trillion as their starting point for the upcoming negotiations on coronavirus relief legislation.
"We're focused on starting with another trillion. We think that will make a big impact. The focus is ... really about kids and jobs and vaccines," Mnuchin told reporters at the White House.
The GOP price tag is likely to creep up, as previous coronavirus bills have, but it underscores the significant differences awaiting negotiators as they try to craft a deal on a fifth relief package.
House Democrats passed a bill in late May, largely along party lines, that provided nearly $3 trillion in additional aid.
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https://thehill.com/policy/finance/508124-mnuchin-1-trillion-is-gop-starting-point-for-coronavirus-talks