White House deal with Pelosi to get Americans a new $1,200 stimulus check could come as soon as TODAY
A WHITE House deal with Nancy Pelosi to get Americans a new $1,200 stimulus check could come as soon as today.
On Wednesday, Treasury Secretary Steve Mnuchin proposed a $1.62trillion relief bill when he met with Pelosi on Capitol Hill.
The proposal includes $250billion funding for state and local governments, as well as $400 federal unemployment benefits, Roll Call reported.
The White House’s offer includes $1,200 stimulus checks, $150billion for education funding, and $75billion for coronavirus testing and tracing.
It also allocates $50billion for vaccine production and distribution, $50billion for hospitals and health care workers, $15billion for food assistance, and $10billion for the US Postal Service.
“We’re not going to do a $2.2 trillion deal,” Mnuchin told Fox Business yesterday. “The president instructed us to come up significantly, so we have come up from the trillion dollar deal.”
Talks are set to resume later today after Pelosi confirmed that her discussion with Mnuchin “will continue” last night.
House Majority Leader Steny H. Hoyer told Roll Call that “the speaker thinks there’s a possibility of getting a deal.”
Pelosi tweeted that she and Mnuchin “had an extensive conversation and we found areas where we are seeking further clarification.”
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“Our conversation will continue,” she said.
“The House will be proceeding with our vote tonight on the updated #HeroesAct in order to formalize our proffer to Republicans in the negotiations to address the health and economic catastrophe in our country,” she wrote in another tweet.
The talks between Mnuchin and Pelosi came months after the Heroes Act was passed in the House in May.