Negotiations between the White House and Democratic congressional leaders on a new coronavirus relief package were on the brink of failure Thursday night, both sides said after a fruitless three-hour meeting in Speaker Nancy Pelosi’s office.
The apparent deadlock in the high-level talks now shifts the focus back to President Donald Trump, who warned earlier in the day that he will issue a series of executive orders to address the economic crisis facing millions of Americans if no deal can be reached with Congress. Trump could issue these orders as early as Friday, senior administration officials said.
After their 10th face-to-face session with Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows, Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) blamed the White House for failing to reach a bipartisan agreement that would allow the resumption of federal unemployment payments or provide hundreds of billions of dollars in new aid to state and local governments. Democrats are pushing a relief package costing more than $3 trillion, while the White House and Senate Republicans want to keep the price tag closer to $1 trillion. Continue reading.