Trump pushes for deal on aid before election
WASHINGTON — The White House is boosting its offer in upand-down COVID-19 aid talks Friday in hopes of an agreement before Election Day, even as President Donald Trump’s most powerful GOP ally in the Senate said Congress is unlikely to deliver relief by then.
Trump on Friday took to Twitter to declare: “COVID Relief Negotiations are moving along. Go Big!” A top economic adviser said the Trump team was upping its offer in advance of a Friday conversation between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi. The two spoke for more than 30 minutes Friday afternoon, said Pelosi spokesman Drew Hammill.
A GOP aide familiar with the new offer said it is about $1.8 trillion, with a key state and local fiscal relief component moving from $250 billion to at least $300 billion. The White House says its most recent prior offer was about $1.6 trillion. The aide requested anonymity because the negotiations are private.
“I would like to see a bigger stimulus package than either the Democrats or Republicans are offering,” Trump said on Rush Limbaugh’s radio show Friday.
Pelosi’s most recent public offer was about $2.2 trillion, though that included a business tax increase that Republicans won’t go for.
But GOP Senate Majority Leader Mitch McConnell told an audience in Kentucky that he doesn’t see a deal coming together soon.
“I’d like to see us rise above that like we did in March and April but I think it’s unlikely in the next three weeks,” McConnell said.
White House economic adviser Larry Kudlow told reporters Friday that “developments are positive” and that “the bid and the offer have narrowed” in advance of a the telephone conversation later Friday between Pelosi and Mnuchin.
McConnell says he is open to resuming the negotiations in a post-election lame-duck session, but that prospect is murky as well, depending on the results.