Posted 50 days ago
WASHINGTON (Reuters) - U. S. House Speaker Nancy Pelosi rejected President Donald Trump’s latest offer on COVID-19 stimulus on Tuesday, in the latest sign that a bipartisan deal on coronavirus relief remains unlikely ahead of the November election.
In a letter to colleagues, Pelosi laid out what Democrats view as the shortcomings of a $1.8 trillion White House stimulus proposal that has also met resistance from Republicans in the U. S. Senate who say it is too large.
“Tragically, the Trump proposal falls significantly short of what this pandemic and deep recession demand,” Pelosi said. She also described the offer made last week by Treasury Secretary Steven Mnuchin as “one step forward, two steps back.”
But Pelosi said she remained hopeful for a deal and appeared to leave the door open to further talks with Mnuchin: “Significant changes must be made to remedy the Trump propos... (Read more)