Without a deal within 48 hours, there will not be enough time to pass a bill to stimulate the coronavirus before election day, Parliament Speaker Nancy Pelosi said on Sunday.
Pelosi, California, told ABC this week that it wants to make a deal before November 3, but there must be a deadline for the bill to be drafted and passed on time. The house adopted a $ 2.2 trillion measure, while the White House offered $ 1.8 trillion.
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“I’m optimistic because we were back and forth on all this again,” she said. “Because we want to have an agreement, we can negotiate. And we can do it now.”
She reiterated that optimism later in a letter to members of the House of Democrats.
Senate Republicans, meanwhile, have scheduled a vote on their own reduced legislation on Tuesday and Wednesday.
As the debate over a new stimulus bill continued, Rafael Bostic, executive director of the Federal Reserve Bank of Atlanta, said Sunday that the economy has not yet returned in many areas and for many people, especially low-income residents.
“In some segments, the economy is recovering and recovering in a very strong way, but in other segments, such as hotels and restaurants, small businesses, especially in minorities and low-income communities, these places see much more difficult situations,” Bostic told CBS. “Stand up to the nation.”
“Those segments where we don’t see this recovery really worry me as we move forward,” he said. “What the virus has done is a wedge in our economy. Those in trouble are in much greater distress, while others do not feel it at all.”
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One of the main obstacles to negotiations between the White House and Pelosi remains the Democrats’ insistence on a national plan to test, track contracts and treat $ 75 billion to stop the spread of the coronavirus.
“Shall is different from May,” Pelosi said. “If you think about it in this simple way: when you say ‘maybe,’ you’re giving the president a mess.” He can do this, he can give, he can keep. When you say “should,” according to science, science tells us it has to happen.
“And if we test and track and treat, mask, separate, ventilate, disinfect and everything else, we can open our schools, open our business.”
Another issue is the funding of state and local governments.
“The administration continues to fail to respond to the well-documented need for protection of first-line workers in health care, first aid, hygiene, transport, food workers, teachers and others, and to prevent redundancies for disadvantaged communities. Pelosi told House Democrats in her letter.
Senate Majority Leader Mitch McConnell, R-Ky., Announced on Saturday that his chamber was ready to vote on a $ 500 billion bill that did not include a new round of stimulus payments or state or local aid.
He said the Senate would vote Tuesday to extend the small business payroll program and a larger measure Wednesday that includes PPP funding, additional unemployment benefits, school benefits and money for testing, tracking and research and the spread of vaccines.
“No one thinks this $ 500 billion + proposal will solve any problem forever,” McConnell said. “That would provide huge amounts of extra help to workers and families right now, while Washington continues to argue about the rest.”
It is not clear whether the Senate measure protects businesses from lawsuits by employees and clients infected with the virus, or whether it includes increased federal subsidies for religious and other private schools. These provisions were part of a $ 500 billion GP bill that failed to get enough votes last month.
Jonathan D. Salant can be reached in email@example.com.
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