Nancy Pelosi Nixed Bipartisan Discussions Regarding Coronavirus Package

On Sunday, Speaker of the House Nancy Pelosi stated that she decided to move forward with her very own emergency relief package.

She spoke hours before the Senate was scheduled to make a vote which could lead towards a final vote upon a bipartisan relief package. This bill would offer economic relief following the coronavirus epidemic ravaging the country’s economy.

‘From my standpoint, we are apart,’ Pelosi said.

Senate leaders decided to postpone the vote to 6 p.m. on Sunday.

On Sunday, Mitch McConnell, Senate Majority Leader, stated on the Senate floor that he intended for this legislation to be bipartisan and had the goal of assisting the American people.

According to McConnell, what we have is a compromise product that contains contributions, ideas, as well as priorities on both sides and that might become law as soon as tomorrow. In other words, it is about time to take yes for an answer.

On Sunday, McConnell and Pelosi met with Chuck Schumer (Senate Minority Leader), Kevin McCarthy (House Republican Leader), and Steven Mnuchin (Treasury Secretary) to compromise on the 3^rd stage of the congressional response package.

Nancy said that Democrats and Republicans still are “talking,” yet that there isn’t any need to meet Mitchell’s Monday deadline for the Senate vote on the package.

The White House and Senate Republicans insisted that they’ll continually push for the $1.6T economic relief package that would include $350B in support for small companies and $250B for unemployment insurance. In addition, the package would involve direct payments (in cash) to individuals about $1,200/individual, with extra money going to families who have kids.

On Sunday, Politico reported that ‘it isn’t clear how Nancy’s plan might work — committee chairs have been putting together ideas for a legislative package; however, aren’t yet ready for legislative text.’