Pelosi, Mnuchin fail to reach COVID-19 deal

  • Oops!
    Something went wrong.
    Please try again later.

Negotiations for a COVID-19 stimulus package experienced a bit of whiplash this week on Capitol Hill…

And ultimately, ended right back where it started: nowhere.

White House Treasury Secretary Steve Mnuchin floated a new proposal in a 30-minute Friday afternoon phone conversation, but an aide to House Speaker Nancy Pelosi said it lacked a broad plan to contain the pandemic.

Talks - which have stretched on for months - will continue.

Friday’s White House proposal carried a price tag of $1.8 trillion, according to the Wall Street Journal… still 400 billion dollars short of what Democrats have already passed in the House.

The failed deal comes after a tumultuous week...

After President Donald Trump tweeted on Tuesday that he’d told his aides to ‘stop negotiating until after the election'… he said on Friday:“Covid Relief Negotiations are moving along. Go Big!”

And then Trump, speaking on Rush Limbaugh's radio show changed his tune again, saying he wants to see a bigger deal than either Democrats or Republicans are offering.

Senate Majority Leader Mitch McConnell on Friday said he doubted lawmakers would pass a package before the presidential election.