Negotiators close on $2 trln package

This is not the time for political agendas: Trump

WASHINGTON, March 24, (AP): Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday.

Treasury Secretary Steven Mnuchin and Senate Democratic leader Chuck Schumer said they had spoken by phone with President Donald Trump during the long night of negotiations. While the two sides have resolved many issues in the sweeping package, some remain.

At midnight Monday, they emerged separately to say talks would continue into the night.

“We look forward to having a deal tomorrow,” Mnuchin told reporters after exiting Schumer’s office.

“The president is giving us direction,” Mnuhcin said. “The president would like to have a deal and he’s hopeful we can conclude this.”

Moments later, Schumer agreed that a deal was almost within reach. “That’s the expectation – that we finish it tomorrow and hopefully vote on it tomorrow evening,” he said.

The long evening of shuttle negotiations came after a long day trying to close the deal. The massive package is a far-reaching effort to prop up the US economy, help American households and bolster the health care system amid the growing crisis. Mnuchin said talks were expected to resume at 9:30 a.m. EDT.

Tensions flared Monday as Washington strained to respond to the worsening coronavirus outbreak, with Congress arguing over a nearly $2 trillion economic rescue package and an impatient President Donald Trump musing openly about letting the 15-day shutdown expire next Monday, March 30.

As the US braces for an onslaught of sick Americans, and millions are forced indoors to avert a spike that risks overwhelming hospitals, the most ambitious federal intervention in modern times is testing whether Washington

can act swiftly to deal with the pandemic on the home front.

“It’s time to get with the program, time to pass historic relief,” said an angry Senate Majority Leader Mitch McConnell earlier in the day as he opened the chamber after a nonstop weekend session that failed to produce a deal. “This is a national emergency.”

Fuming, McConnell warned Democrats – pointedly House Speaker Nancy Pelosi – to quit stalling on “political games,” as he described Democratic efforts to steer more of the aid toward public health and workers, and push other priorities.

Trump, who has largely been hands off from the negotiations, weighed in late Monday from the White House briefing room, declaring that Congress should vote “for the Senate bill as written,” dismissing any Democratic proposal.

“It must go quickly,” Trump said. “This is not the time for political agendas.”

The president also sounded a note of frustration about the unprecedented modern-day effort to halt the virus’s march by essentially shutting down public activities in ways that now threaten the US economy.

Curtail

Even though Trump’s administration recommended Americans curtail activities starting a week ago, the president said: “We cannot let the cure be worse than the problem itself. At the end of the 15-day period, we will make a decision as to which way we want to go.”

“Let’s go to work,” he said. “This country was not built to be shut down. This is not a county that was built for this.”

Trump said that he may soon allow parts of the nation’s economy, in regions less badly hit by the virus, to begin reopening, contradicting the advice of medical and public health experts across the country, if not the globe, to hunker down even more firmly.

Pelosi assailed Trump’s idea and fluctuating response to the crisis.

“He’s a notion-monger, just tossing out things that have no relationship to a well coordinated, science-based, government-wide response to this,” Pelosi said on a health-care conference call. “Thank God for the governors who are taking the lead in their state. Thank God for some of the people in the administration who speak truth to power.”

The White House team led by Mnuchin worked on Capitol Hill for a fourth straight day of talks as negotiators narrowed on a bipartisan accord.

In the nearly empty building, the virus continued to strike close. Republican Sen. Rand Paul of Kentucky, who announced he tested positive for coronavirus, is now among five senators under self-quarantine. Several other lawmakers have cycled in and out of isolation. And the husband of Sen. Amy Klobuchar, D-Minn., is in a hospital with pneumonia after testing positive, she said Monday.

First lady Melania Trump, meanwhile, has tested negative for the coronavirus, Trump said.

With a wary population watching and waiting, Washington labored under the size and scope of a rescue package - larger than the 2008 bank bailout and 2009 recovery act combined.

Democrats are holding out as they argue the package is tilted toward corporations and should do more to help suddenly jobless workers and health care providers with dire needs.

In particular, Schumer, D-N.Y., wants constraints on the largely Republican-led effort to provide $500 billion for corporations, which Democrats have called a “slush fund.” Schumer wants the bill to limit stock buy-backs, CEO pay and layoffs.

Yet, he said, “We’re very close to reaching a deal.” Even so, another attempt to move the package forward snagged, blocked as Democrats refused to quit negotiating.