28.9 C
Thursday, May 23, 2024

Pelosi, Mnuchin continue US stimulus talks as Tuesday deadline nears

Democrats in the House of Representatives led by Nancy Pelosi have passed a $2.2 trillion stimulus spending measure but Republicans have yet to agree to it.

WASHINGTON: House Speaker Nancy Pelosi made progress in US stimulus negotiations with Treasury Secretary Steven Mnuchin but a Tuesday deadline for a deal is looming, an aide to the Democratic lawmaker said Monday.

Negotiations over another stimulus package to help the economy ravaged by Covid-19 have gone on for months, with Democrats pushing a $2.2 trillion package but Republicans wanting to spend far less.

President Donald Trump’s administration proposed a $1.8 trillion rescue measure, though Trump signaled he could go bigger.

Pelosi spoke with Mnuchin again Monday and the two “continued to narrow their differences” after the Speaker on Sunday said…

Read more…

Latest Articles