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Second stimulus check: Pelosi sets 48 hours for pre-election deal, Senate prepares to vote on scaled-down bill. Here is the latest.



Without a deal within 48 hours, there is not enough time to pass a coronavirus stimulus bill before Election Day, House Speaker Nancy Pelosi said Sunday.

Pelosi, D-Calif., Told ABC’s “This Week” that he wants to make an agreement before November 3, but needs to have a deadline for the draft to be submitted and submitted on time. The House passed a $ 2.2 trillion proposal while the White House proposed $ 1.8 trillion.

“We tell them, ̵

6;We need to freeze the design on some of these things. Are we going to be here or not, and what is the language?'” Pelosi said.

“I look forward to it because, again, we go back and forth through it all,” he said. “Because we want to have an agreement, we can negotiate. And we can do it now.”

He echoed that optimism later in a letter to members of the House Democratic Caucus.

Meanwhile, Senate Republicans scheduled votes on their own scaled law on Tuesday and Wednesday.

As the debate over a new stimulus bill continues, Raphael kertic, chief executive of the Atlanta Federal Reserve Bank, said on Sunday that the economy will return to many places and for many people, particularly residents with low income.

“In some segments, the economy is gaining and returning in a very stable way but in other segments, things like hotels and restaurants, small businesses, especially the minority and low-income communities , those areas see more difficult situations, “CBS ‘told” Face the Country. “

“Those are the segments where we don’t see that recovery, that’s really what I care about as we move forward,” he said. “What the virus has done is putting a strain on our economy. Those in distress are in more anxiety while others do not feel that way.”

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One of the key points of sticking to negotiations between the White House and Pelosi has remained the Democrats’ pursuit of a $ 75 billion national plan for testing, contract monitoring and treatment to stop the spread of coronavirus.

“‘Will,’ is different from ‘may,'” Pelosi said. “If you think about it this simple way: when you say ‘yes,’ you give the president a slush fund. He can do it, he can give, he can hide. When you say ‘should,’ -science – science tells us that should happen. “

“And if we try and monitor and treat, mask, separate, ventilate, clean, and all the rest of it, we can open our schools, we can open our businesses.”

Another issue is funding for state and local governments.

“The administration continues to fail to meet the well-documented need for funding to protect frontline health care workers, first responders, hygiene, transportation, food workers, teachers and others, and to prevent reductions. of service to struggling communities, “Pelosi told the House Democrats in his letter.

Senate Majority Leader Mitch McConnell, R-Ky., Announced on Saturday that his chamber is ready to vote on a $ 500 billion bill that does not include a new round of payments. stimulus or any state and local assistance.

He said the Senate would vote on Tuesday to expand the paycheck protection program for small businesses, and on a larger step on Wednesday that included PPP funding, additional unemployment insurance benefits, assistance to schools, and money for vaccine testing, monitoring and research.

“No one thinks that this $ 500B + proposal will solve every problem forever,” McConnell said. “It will bring a huge amount of extra help to workers and families today as Washington continues to argue about the rest.”

There is no indication as to whether the Senate proposal protects businesses from lawsuits from employees and customers infected with the virus, or includes an increase in federal subsidies for religious and other private schools. Those provisions are part of a $ 500 billion GOP bill that failed to get enough votes last month.

Jonathan D. Salant can be reached at [email protected].

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