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Original title: Pelosi wants to approve the economic stimulus plan before the United States general election: Only 48 hours!
Under the terrible epidemic, the American economy has been severely affected and millions of people have faced unemployment. However, negotiations on a new round of economic stimulus package initiated by the United States for the epidemic have been delayed for several months. The two parties have continued to diverge on many aspects of the bill, so the bill could not be finalized.
On the 18th local time, the Speaker of the United States House of Representatives, Pelosi, offered a 48-hour negotiation time limit and said that if he wants to approve a new aid plan for the new corona epidemic before the presidential elections in November,Trump administrationAnd congressmenYou must answer the current outstanding questions within the deadline, and finally reach an agreement.
In an interview with ABC News, Pelosi stressed that her deadline is only related to whether the two parties hope to reach an agreement before the election.
When asked if the bill could be reached before the Nov. 3 general election, Pelosi said she currently has differences with the Trump administration regarding the wording of test regulations affecting minorities. Although he is optimistic about the negotiations, the final outcome still depends on the Trump administration. He stressed that the core of the negotiations is to control the spread of the virus.
Prior to this, the United States Congress passed four rounds of economic stimulus plans, earmarking nearly $ 3 trillion, but many of them have expired. Last week, the Trump administration proposed a $ 1.8 trillion economic stimulus plan to jumpstart the economy. But Pelosi said the plan was insufficient in terms of tax relief for the poor and state aid, and insisted on increasing the amount of funds to 2.2 trillion.
US House Speaker Nancy Pelosi said Sunday that White House lawmakers and Congress must reach an agreement within 48 hours if they want to pass a new COVID-19 aid package before the election. November presidential elections.
“The 48 only relates to whether we want to do it before the election, which we do,” Pelosi said in an interview with ABC News.
“We tell them, we have to freeze the design in some of these things, do we go with that or not and what is the language? I’m optimistic because, again, we’ve been coming and going on all of this, ”she said.
When asked if Americans will get relief from the pandemic before Election Day on Nov. 3, Pelosi said that is up to the Trump administration. “The fact is that we cannot, the heart of the matter is to stop the spread of the virus,” he said. He said.
To this end, Pelosi and US Treasury Secretary Mnuchin have clashed many times in recent months and have entered difficult negotiations. On the night of the 17th local time, Pelosi and Mnuchin held a conference call again.
According to Hammill, a spokesman for Pelosi, the dialogue between the two parties lasted almost an hour and there has been “some encouraging news” on the detection, but “there are still many differences, which must be fully resolved in the next 48 hours.” “
Pelosi and Treasury Secretary Steven Mnuchin have been negotiating a new COVID-19 aid package for months, and the most recent call on Saturday night resulted in “some encouraging news about the tests,” according to Drew Hammill, spokesman. and deputy chief of staff of the House President。
“There remain a number of additional differences as we move provision-by-provision that need to be comprehensively addressed within the next 48 hours,” Hammill tweeted Saturday night.
“The White House must make decisions to show that the Administration is serious about reaching a bipartisan agreement that provides Americans with the greatest needs during the pandemic,” Hammill said.
At the Milken Institute global meeting on Wednesday, Mnuchin candidly said there is little hope of reaching an agreement and implementing it before the elections, and the two sides still have a long way to go on certain issues.
Earlier, Chairman of the Federal Reserve Board Powell called on the government to provide more financial assistance to businesses and households severely affected by the epidemic, warning that if the economy cannot continue to grow, a sharp slowdown in economic recovery will cause more serious problems. Recession.
During a virtual conference hosted by the Milken Institute on Wednesday, Mnuchin said it would be difficult for the White House and Democrats to agree on a comprehensive COVID-19 aid package ahead of the presidential election, as the two sides still they were far apart. on certain topics。
“I would say that at this point it would be difficult to do something before the elections and execute it, just considering where we are,” Mnuchin said.
Federal Reserve Chairman Jerome Powell recently urged lawmakers to provide more tax relief to households and businesses affected by the pandemic, warning that a prolonged and slow economic recovery could trigger a typical recessionary dynamic.
