Sunday, October 18, 2020

Speaker Pelosi Sets a 48 Hour Deadline for Coronavirus Stimulus Deal

     After weeks of stalled negotiations and ultimatums on both sides, House Speaker Nancy Pelosi issued a 48 hour deadline to the White House if a deal is to be reached before the election.  The Speaker was on the Sunday talk shows this morning and told ABC's "This Week" that she was optimistic but she also said a resolution "depends on the administration" which may signal she's not willing to move much from her position.

    Speaker Pelosi has been negotiating directly with Secretary of the Treasury Steve Mnuchin and they remain apart not just on the dollars to be allocated, but also on how those dollars will be spent.  The Democrats are pushing for money for testing and contract tracing and the Republicans want a much smaller bill that just focuses on Paycheck Protection programs and expanded unemployment benefits.

    Hopefully both sides will come together on a relief package.  Something is better than nothing for communities and families that are hurting and both sides issuing ultimatums isn't helping anyone.


https://www.politico.com/news/2020/10/18/pelosi-clarity-coronavirus-relief-430061



3 comments:

  1. In my personal opinion, Nancy Pelosi will continue to try to stall this stimulus deal because she doesn't want Trump to get any credit for it.

    ReplyDelete
  2. At this point, I feel like politicians are more concerned with making themselves look good for the election instead of doing what is right for the greater good. It's sad, but everything is a game nowadays and people will do whatever it takes to come out on top.

    ReplyDelete
  3. Recently, I believe that Trump has stated he has thought about waiting to sign another Stimulus deal until he would get reelected, in order to hopefully get more people to vote for him in order to receive the package, and to ensure he is the one that gets credit for it, which makes sense.

    ReplyDelete