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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…

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