Stimulus talks are stuck as time runs short, Pelosi says

Speaker of the House Nancy Pelosi appeared on ABC's

Pelosi Sets Stimulus Deadline, While McConnell Plans Vote

House Democrats are seeking a $2.2 trillion relief package. "And I certainly want it because I don't want to have to be sweeping after this dumpings of this elephant as we go into a new presidency in a few short months".

"You want to meet with him, you meet with him", she told Stephanopoulos.

After giving a deadline to the Trump administration to reach an agreement for a Covid-19 stimulus plan, Rep. Nancy Pelosi (D-California) slammed officials for wording changes she says are "unacceptable".

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The Speaker warned that if a deal is not reached by election day, economic calamity and further suffering would befall the nation before a new administration and Congress will be able to act in 2021.

Pelosi and Treasury Secretary Steven Mnuchin spoke for over an hour Saturday night, and the discussions yielded "some encouraging news on testing", Pelosi's deputy chief of staff Drew Hammill said.

It's likely most Senate and House Republicans will oppose the Mnuchin-Pelosi agreement, if one is reached.

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Pelosi reiterated negotiations must come to an agreement in the next 48 hours if legislation is going to be passed before the November 3rd election. Passing any accord depends on Senate Republicans. "Uh - that's not what I'm gonna put on the floor". The proposal, which was blocked by Democrats last month, includes an extension of the Paycheck Protection Program, unemployment benefits, and funds for coronavirus testing, contact tracing, and vaccine production.

The U.S. Senate's scheduled vote for a coronavirus stimulus bill is a "stunt" by Senate Majority Leader Mitch McConnell, Sen. "But we're saying to them, we have to freeze the design on some of these things. Narrowly targeted, contemporary - what we need now - and can we rise above these political passions", said McConnell, R-Ky., at an event last Thursday in his home state. Republican lawmakers oppose numerous additions Pelosi wants included, such as $500 billion to bail out state, local, and tribal governments starving for tax revenue. However, she also gave the White House until Tuesday to strike a deal, CNBC reports.

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