Pelosi and Mnuchin Discuss Possible Coronavirus Aid

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House Speaker Nancy Pelosi, here on Monday, and Treasury Secretary Steven Mnuchin agreed to talk again Wednesday.



Photo:

Tom Williams/Zuma Press

House Speaker Nancy Pelosi (D., Calif) spoke with Treasury Secretary Steven Mnuchin for nearly an hour on Tuesday morning about coronavirus relief, aiming to revive long-stalled negotiations.

The phone conversation occurred after House Democrats released a new, less-expensive version of their previous aid package, which shaved the price tag to $2.2 trillion, down from $3.5 trillion. Mrs. Pelosi and Mr. Mnuchin agreed to talk again Wednesday, Drew Hammill, Mrs. Pelosi’s spokesman, said on Twitter.

Mr. Hammill said they spoke for 50 minutes.

Democrats say a large package is needed to support American households and businesses still experiencing the economic impacts of the pandemic. Any legislation would face immediate hurdles in the GOP-led Senate, where many Republicans have resisted a large new round of deficit spending and expressed more confidence that the economy is recovering, after a sharp slump earlier this year.

Many Republican and Democratic lawmakers have pushed for another round of economic stimulus for months, but they have remained far apart on the amount seen as necessary to combat the pandemic. Lawmakers have been split on the level of weekly unemployment assistance and aid to provide states and cities.

As talks with Democrats on a new coronavirus aid package remain stalled, Senate Republicans proposed a ‘skinny’ stimulus bill. WSJ’s Gerald F. Seib explains why this might be Congress’s last chance to pass a law before the election. Photo: AP Photo/Jacquelyn Martin (left)/Stefani Reynolds/Bloomberg (right) (Originally published Sept. 8, 2020)

Write to Kristina Peterson at [email protected]

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