Thursday, November 12, 2020

White House Leaves Stimulus To Congress After Failed Talks

The Trump administration is stepping back from negotiations on a new stimulus package and leaving it to Senate Majority Leader Mitch McConnell to revive long-stalled talks with House Speaker Nancy Pelosi, according to two people familiar with the matter. While the White House probably would consult with GOP lawmakers on details of a Covid-19 relief bill, it’s now unlikely to take the lead on talks, according to the people, who spoke on condition of anonymity to discuss internal deliberations. The White House would only take over if negotiations have to be restarted completely, the people said. McConnell’s position on stimulus has been even farther from the Democrats’ $2.4 trillion proposal than that of Treasury Secretary Steven Mnuchin, who had been lead Republican negotiator, leaving low odds of a breakthrough before January.

from FA News https://www.fa-mag.com/news/white-house-leaves-stimulus-to-congress-after-failed-talks-58944.html

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