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US Secretary of the Treasury Steven Mnuchin unveiled a new crown stimulation package somewhat larger than before in a meeting with Democratic leader Nancy Pelosi.
The package is worth $ 916 billion, slightly higher than the previous offer put forward by a group of senators from both parties at $ 908 billion last week.
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Mnuchin said he presented his new proposal to Pelosi in a meeting Tuesday night, after reviewing the package with President Donald Trump.
Mnuchin’s new proposal includes money for state and local authorities, and what he calls strong protection for businesses, schools and universities.
But the Democrats don’t seem happy. In a joint statement, Pelosi and Chuck Schumer, the Democratic leader in the Senate, oppose President Donald Trump over the proposal.
FINANCE MINISTER: Steven Mnuchin, here during a Senate hearing last week. Mnuchin has put forward proposals for a new and somewhat larger stimulus package. Photo: Susan Walsh, Pool / AP / NTB
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While the progress made by Mitch McConnell, the Republican leader in the Senate, has signed a $ 916 billion cross-policy offer is noted, it is emphasized that “the president’s proposal should not impede cross-party talks in Congress that are taking place. “
– Members of the House and Senate have entered into negotiations in good faith and continue to make progress. Inter-party talks are the best hope for a cross-party solution, Pelosi and Schumer said in the statement.
– The president’s proposal starts by cutting the unemployment insurance proposal, which is being discussed by members of the House and Senate, from 180 billion dollars to 40 billion dollars. That is unacceptable, they continue.
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At the same time, House Republican Leader Kevin McCarthy told reporters that the offer “focuses on what is needed.”
“I don’t see a reason why Pelosi should be against it,” he said, according to The Hill.
The United States is very affected by the coronavirus. At the time of writing, more than 15 million people have been infected and more than 286,000 have died as a result of the virus.
