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Sen. Mitch McConnell. Photo: Saul Loeb/AFP via Getty Images

Senate Majority Leader Mitch McConnell (R-Ky.) and House Minority Leader Kevin McCarthy (R-Calif.) released a joint statement Saturday indicating they will not negotiate with Democrats after their proposal to add $250 billion to the Paycheck Protection Program failed Thursday.

What they're saying: "Republicans did not ask to change any policy details that were negotiated by both parties and passed unanimously. All we want to do is put more money into a popular job-saving policy which both parties designed together."

  • "Senate Democrats blocked this funding because Republicans would not open a sweeping renegotiation of the bipartisan CARES Act. Their unrelated demands include hundreds of billions of extra dollars for parts of the legislation which are still coming online and have not yet spent a single dollar."
  • "Republicans reject Democrats' reckless threat to continue blocking job-saving funding unless we renegotiate unrelated programs which are not in similar peril."

Between the lines: "Their statement appeared to deepen a stalemate over Congress’ next steps to address the nation’s economic misery," The Washington Post writes.

Context: Democrats did not approve the proposal on Thursday because they want to add billions more to support hospitals, cities, states, SNAP benefits and more. They also want to ensure half of the proposed $250 billion goes through community banks, emergency grants and other programs that aim to help underserved communities, per the Post.

Go deeper: America's small business bailout is off to a bad start

Go deeper

2 hours ago - Health

CDC prepares tougher testing rules for international travelers

Travelers with their luggage arrive at a COVID-19 testing location at the airport in Los Angeles, Calif., on Nov. 23, 2021. Photo: Frederic J. Brown/AFP via Getty Images

The Centers for Disease Control and Prevention said Tuesday night that it is working to impose stricter testing requirements for international travelers due to the spread of the new Omicron variant.

The big picture: The new rules would require all international travelers, regardless of vaccination status, to show a negative test taken a day before their flight to the U.S. Currently, the CDC says fully vaccinated travelers are allowed to show a test taken no more than three days before their departure, AP reports.

Republicans threaten to shut down government over vaccine mandates

Sen. Mike Lee (R-Utah) in the Capitol in November 2020. Photo: Joshua Roberts/Getty Images

Conservative Republicans in the House and Senate are planning to force a government shutdown Friday to deny funding needed to enforce the Biden administration's vaccine mandates on the private sector, according to Politico.

Why it matters: Congress has until the end of the week to pass a stopgap measure to extend funding into 2022, though objection from a small group of Republicans could shut down the government.

Electric car prices could go up before they come down

Illustration: Eniola Odetunde/Axios

The secret to affordable electric vehicles is cheaper batteries. But after years of falling prices, battery costs are now headed in the wrong direction.

Why it matters: Costlier batteries could drive up the price of electric vehicles — threatening the auto industry's transition away from fossil fuels, and, in turn, society's fight against climate change.