Pelosi and Schumer back $900 billion coronavirus stimulus plan as basis for negotiations (CNBC)

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    Pelosi and Schumer back $900 billion coronavirus stimulus plan as basis for negotiations – By Jacob Pramuk (CNBC) / Dec 2 2020

    • House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer urged Senate Majority Leader Mitch McConnell to use a $908 billion bipartisan stimulus plan as the basis for relief talks, endorsing a smaller relief bill than they previously have.
    • McConnell and House Majority Leader Steny Hoyer were set to discuss coronavirus stimulus Wednesday for the second time this week.
      Lawmakers are rushing to pass a pandemic relief package before the end of the year as the outbreak rages around the country.
    • McConnell and Hoyer both signaled they could include aid provisions in a spending bill Congress needs to pass by Dec. 11

    House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer on Wednesday urged Senate Majority Leader Mitch McConnell to use a $908 billion bipartisan coronavirus stimulus plan as the basis for relief talks as Congress scrambles to send aid to Americans before the end of the year.

    In a joint statement, the Democratic leaders endorsed a more narrow aid approach than they have previously. The California and New York Democrats had insisted on legislation that costs at least $2.2 trillion.

    “While we made a new offer to Leader McConnell and Leader McCarthy on Monday, in the spirit of compromise we believe the bipartisan framework introduced by Senators yesterday should be used as the basis for immediate bipartisan, bicameral negotiations,” Schumer and Pelosi said.

    McConnell quickly shot down the bipartisan plan after its release Tuesday. He has endorsed only about $500 billion in spending in a new package.

    CONTINUE > https://www.cnbc.com/2020/12/02/congressional-leaders-.html

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