Home / US / 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 to each other several times in the last few days, including Monday night and plan to return on Tuesday. And while most of Capitol Hill are deeply skeptical that a deal can be reached, both Pelosi and Mnuchin have aligned interests: The speaker is facing increasing pressure from vulnerable Democrats, especially the freshman, to strike a deal immediately. while President Donald Trump wants a legislative result tout in the final weeks of the intensely fought campaign.

But the Speaker of the House has made contingency plans in case the effort goes awry: She and her top lieutenants on Monday night unveiled a $ 2.2 trillion plan, down from the approved $ 3.4 trillion measure. from the House largely along party lines in May and has been ignored ever since. by the Senate led by the GOP.

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7;s price is still too high for Republicans in the White House and Senate, who this month tried to put forward a $ 500 billion plan that was blocked by Democrats out of concern it didn’t go far enough.

According to a summary of the new House Democratic plan released Monday night, the measure includes many of the pillars of the Heroes Act that passed the House in May, but with a shorter time frame, in an effort to reduce the overall cost.

The reduced legislation would include another round of $ 1,200 stimulus payments to certain individuals below an income threshold, more money for the small business salary protection program, plus aid to the US Postal Service, $ 75 billion for coronavirus testing and contact tracing, as well as restoring the $ 600 per week of additional unemployment assistance that expired in July. After pushing a plan for roughly $ 1 trillion in state and local aid in the latest proposal, an idea firmly rejected by the White House, Pelosi and Democrats are now proposing $ 436 billion for state, local and tribal governments in a year.

“This $ 2.2 trillion Heroes Act provides the resources absolutely necessary to protect lives, livelihoods and the life of our democracy in the coming months,” Pelosi said in a statement announcing the legislation. “It includes new funding needed to avoid disasters for schools, small businesses, restaurants, entertainment venues, airline workers and others.”

Munchin and Pelosi spoke on Monday night as part of negotiations to strike a deal before lawmakers leave Washington next month to campaign for re-election, though Pelosi said she is ready to bring back lawmakers if they reach a deal. If the new package reaches the House this week, it’s a clear sign that her talks with Mnuchin have failed, and she is instead moving to give vulnerable House Democrats a chance to vote for another aid package before returning to home to the finish line. of the campaign.

But some Democrats in the swing districts were annoyed with Pelosi for throwing cold water on a plan promoted by the bipartisan Problem Solvers Caucus, which proposed spending between $ 1.5 trillion – $ 2 trillion, and was warmly welcomed by the White House.

“If it’s a messaging exercise, it’s useless,” Representative Dean Phillips, a Democratic freshman from Minnesota who helped draft the problem-solving bill, the speech on the presentation of a bill, told CNN. reduced democratic law.

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