Second stimulus test: could a deal be struck this week?

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A new coronavirus relief bill that would include a second stimulus payment for individuals could be introduced before lawmakers return home for the October vacation.

“I think we have a chance to do something,” House Speaker Nancy Pelosi (D-Ca.) Said on CNN’s State of the Union on Sunday.

House Democrats and the White House are at a deadlock over the size of a new package, leaving Americans to wait months to see if they get another stimulus payment, increased unemployment benefits and more money for state governments and small businesses.

Negotiations between Democrats, Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows have been suspended over the size of the relief bill, although both sides have said they want further payments of direct stimulus.

Late last week, Mnuchin said he and Pelosi had agreed to “keep chatting”.

“When I have a conversation with the administration, it’s in good faith,” Pelosi said Sunday. “I trust Secretary Mnuchin to represent something that can come to a solution and I think we can come to an agreement.”

Democrats had previously said they would be prepared to cut the HEROS Act by $ 1 trillion, a relief package passed in May.

Pelosi said on Sunday that Democrats shouldn’t be the only ones to compromise, noting that she would rather come to a deal than introduce new legislation.

Pelosi last week said Pelosi brought House Democrats together to put together a new $ 2.4 trillion relief plan, but Pelosi said on Sunday that while she didn’t think Democrats should be the only ones to compromise, she would prefer to strike a deal with the Republicans.

“I hope for an agreement. I’d rather have a deal that puts money in people’s pockets, ”she said, adding that without funding for state and local governments, first responders will start to lose their jobs and go unemployed. . “Is that smart? I do not think so.

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Karin Price Mueller can be contacted at KPriceM[email protected].

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