Stimulus package: Pelosi and Mnuchin push for pre-election deal as Democrats prepare new $ 2.2 trillion plan

Stimulus package: Pelosi and Mnuchin push for pre-election deal as Democrats prepare new $ 2.2 trillion plan

Pelosi and Mnuchin have spoken multiple times in recent days, including Monday night and are planning again on Tuesday. And while most Capitol Hill members are deeply skeptical about the feasibility of a deal, both Pelosi and Mnuchin have consistent interests: The spokesperson faces mounting pressure from weak House Democrats, particularly freshmen, to strike a deal immediately while President Donald Trump wants legislative breakthrough to promote In the final weeks of the fighting campaign was intense.

But the House speaker has drawn up contingency plans in case the effort collapses: She and her top aides on Monday night unveiled a $ 2.2 trillion plan, down from the $ 3.4 trillion measure. That passed on the house Largely along party lines in May and has since been ignored by the Republican-led Senate.

The price for that bill is still too high for Republicans in the White House and Senate, who have tried to present a $ 500 billion plan this month that Democrats have held off over concerns that it hasn’t gone far enough.

According to a summary of the House Democrats’ new plan released Monday night, the measure includes many pillars of the Champions Act that House passed in May – but with a shorter timeframe, in an effort to lower the overall cost.

The truncated legislation will include another round of stimulus payments of $ 1,200 to designated individuals below the income threshold, more money for a small business payroll protection program, more assistance for the U.S. Postal Service, and $ 75 billion for coronavirus testing and contact tracing, such as a $ 600 refund per week. To help additional unemployment that ended in July. After pushing through a plan for nearly $ 1 trillion in state and local aid in the latest proposal, an idea the White House has vehemently rejected, Pelosi and Democrats are now proposing $ 436 billion for state, local and tribal governments over one year.

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“This $ 2.2 trillion law of heroes provides the resources so needed to protect lives, livelihoods and the life of our democracy over the coming months,” Pelosi said in a statement announcing the legislation. “Includes new funding needed to avert disaster for schools, small businesses, restaurants, performance venues, airline workers and more.”

Munchen and Pelosi spoke on Monday night as part of negotiations to find a deal before lawmakers leave Washington next month for their re-election campaign, though Pelosi has said she is ready to bring lawmakers back if they reach an agreement. If the new package arrives in the House of Representatives this week, it is a clear sign that her talks with Mnuchin have collapsed, and she is moving instead to give the House of Representatives vulnerable Democrats a chance to vote for another aid package before returning home. From the campaign.

But some Democrats in swing areas were upset with Pelosi for throwing cold water at her A plan pushed by a bipartisan problem-solving conference, Which proposed spending between $ 1.5 trillion – $ 2 trillion, and was warmly received by the White House.

Representative Dean Phillips, a new Minnesota Democrat who helped draft the problem-solving bill, told CNN of the talk of rolling out a shrinking Democratic bill: “If it’s a messaging exercise, it’s worthless.”

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