Aug 2, 2020 - Politics & Policy

White House, Democrats no closer to reaching coronavirus stimulus deal

Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi took the standoff on the next coronavirus stimulus package to ABC's "This Week" on Sunday.

Why it matters: Enhanced unemployment insurance expired for tens of millions of Americans on July 31, while those in talks to secure the next coronavirus stimulus package have made it clear that a deal is a long way off.

What they're saying: "We have been for the $600. They have a $200 proposal, which does not meet the needs of America's working families. And it's a condescension, quite frankly, because they're saying, [they] really don't need it, they're just staying home because they make more money at $600," Pelosi told ABC.

  • Minutes later Mnuchin said on the same program: "We proposed a one-week extension at $600 so that while we negotiate a longer-term solution, at least all those people don't lose their money. And I'm surprised the Democrats won't agree to that. They are insistent on having this as part of a larger deal."

Where it stands: Senate Republicans proposed a plan last week that would cut weekly unemployment payments from $600 to $200, the Washington Post reports. House Democrats are in support of a $3 trillion coronavirus stimulus package they passed in May, in contrast to a $1 trillion plan from Republicans and the White House.

Go deeper: Senate adjourns without extending expiring unemployment benefits

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