Nancy Pelosi Sets Tuesday Deadline to Approve Stimulus Deal

If Congress wants to pass a coronavirus stimulus relief bill before Election Day, House Speaker Nancy Pelosi (D-CA) said she and Treasury Secretary Steven Mnuchin must reach an agreement within 48 hours, according to CNN. Pelosi is pressuring the administration to make a deal by Tuesday since the legislative process in the House and Senate will take some time, and it won’t be feasible to get a bill passed by November 3 if the talks go beyond the next couple of days, she said.

“The 48 only relates to if we want to get it done before the election, which we do,” Pelosi said in a Sunday interview on ABC’s This Week. “But we’re saying to them we have to freeze the design on some of these things. Are we going with it or not? And what is the language.”

Senate Majority Leader Mitch McConnell said over the weekend that the Senate will vote on stimulus measures, including a standalone Paycheck Protection Program bill to help small businesses, on Tuesday and Wednesday. The $500 billion bill will also include money for schools and health care, small business spending, and additional unemployment insurance lower than the $600 weekly that expired July 31, according to The Washington Post.

However, Democrats want a larger deal and are expected to block McConnell, hoping that Pelosi can make headway with Mnuchin. Pelosi, as well as some Republican local leaders, want more money to be included in the stimulus package for states and cities. Pelosi and Mnuchin are expected to talk again on Monday.