The Trump administration proposed a $916 billion coronavirus relief package on Tuesday, after congressional Democrats shot down a suggestion for a pared-down plan from the Senate’s leading Republican, Majority Leader Mitch McConnell.
Treasury Secretary Steven Mnuchin said he presented the administration’s $916 billion plan in a conversation with House of Representatives Speaker Nancy Pelosi, a Democrat. Writing on Twitter, he said it included money for state and local governments, a Democratic priority, and liability protections for businesses, a Republican priority.
Earlier on Tuesday, McConnell suggested that lawmakers pass a targeted coronavirus relief plan that did not include the liability protections or the state and local government aid, as those have been among the more contentious provisions during months of arguments in Washington about a fresh coronavirus package.
But both Pelosi and Senate Democratic Leader Chuck Schumer dismissed McConnell’s idea and accused him of trying to obstruct bipartisan efforts to reach a deal.
Late on Tuesday, Pelosi and Schumer said in a statement it was progress that McConnell had signed off on the $916 billion offer, but bipartisan talks were the best hope for a solution.
Reference: CNBC
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