Bipartisan talks falter on massive economic rescue package

Negotiations on massive $1.6 trillion-plus emergency economic package to deal with the coronavirus crisis faltered on Sunday, and House Democrats are now planning to introduce their own proposal, according to Speaker Nancy Pelosi. But Senate Majority Leader Mitch McConnell plans to go ahead with a key procedural vote at 3 p.m. on Sunday, and he said that congressional leaders and the White House are “very close” to agreement on a massive economic package worth at least $1.6 trillion. Senate GOP leaders circulated text of a nearly 580-page bill to senators’ offices and K Street before the vote. “I think it’s safe to say we’re very close,” McConnell told reporters following a nearly hour-long meeting in his office with Pelosi, Treasury Secretary Steven Mnuchin, Senate Minority Leader Chuck Schumer (D-N.Y.) and House Minority Leader Kevin McCarthy (R-Calif.). “We have integrated a number of ideas the Democrats had over the last 48

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https://www.politico.com/news/2020/03/22/coronavirus-stimulus-congress-141360
Politico News - Congress
By Marianne LeVine and John Bresnahan


http://www.politico.com/

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