Federal COVID-19 Stimulus Package Agreement Unlikely Before November Election
If you were hoping for another round of COVID-19 relief, do not get your hopes up. That is essentially what Treasury Secretary Steve Mnuchin said this week after he and Speaker of the House Nancy Pelosi (D-CA) once again failed to reach a deal on a fourth COVID-19 relief bill.
After President Trump recently made concessions and agreed to a $1.8 trillion stimulus package, a much larger package than they were originally insistent upon, Democratic leadership felt some of the language was not sufficient and declined the offer.
Speaker Pelosi has made it clear that she would like a $2.2 trillion stimulus package at the very least. Although the two parties remain far apart, both have said they are committed to continuing negotiations on a deal that satisfies both sides.