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Democrats and the Trump administration remain "miles apart" on negotiations over a coronavirus stimulus deal, House Speaker Nancy Pelosi (D-Calif.) said on Wednesday.

The latest: Around 3 p.m., Pelosi and Senate Minority Leader Chuck Schumer (D-N.Y.) issued a statement saying that Treasury Secretary Steven Mnuchin had initiated a phone call and made clear that the White House is "not budging from their position concerning the size and scope of a legislative package."

  • “Democrats have compromised. Repeatedly, we have made clear to the Administration that we are willing to come down $1 trillion if they will come up $1 trillion," Pelosi and Schumer said.

Driving the news, via Axios' Dion Rabouin: Congress' failure to renew enhanced unemployment measures for millions of Americans at the end of July is already affecting consumer spending patterns, holding down retail purchases and foot traffic, economists at Deutsche Bank say.

The state of play: The primary sticking point in stimulus talks remains Democrats' demands for extra funding for state and local governments, which Republicans have dismissed as a "bailout" for years of poorly-run state budgets.

What they're saying: ""It's no use sitting in a room and let them tell us that states should go bankrupt. The fiscal soundness of our states is essential to the strength of our economy," Pelosi said on MSNBC earlier Wednesday.

  • "And it doesn't help when people say, 'How come you can't resolve your differences?' It's a chasm. Because they do not share our values, they don't believe in science, they don't believe in governance."

The other side: Prior to speaking to Pelosi, Mnuchin declined to say Wednesday whether a stimulus deal could be reached.

  • "I can’t speculate," he told Fox Business. "If the Democrats are willing to be reasonable, there’s a compromise. If the Democrats are focused on politics and don’t want to do anything that’s going to succeed for the president, there won’t be a deal."

Meanwhile, Senate Majority Leader Mitch McConnell (R-Ky.) tore into Democrats on the Senate floor for the second time this week, accusing them of "treating this crisis like an ordinary political game."

  • "The American people are not done fighting this virus. And Republicans are not done crafting policies to help them. But the difference between now and March is that Democrats seem to be done being reasonable."

Go deeper: House will not hold votes until Sept. 14 unless stimulus deal is reached

Go deeper

Chuck Grassley says he tested positive for COVID-19

Sen. Chuck Grassley. Photo: Stefani Reynolds/Stringer

Sen. Chuck Grassley (R-Iowa) has tested positive for the coronavirus, adding Wednesday that he remains "symptom free."

Why it matters: Grassley is the second oldest member of the Senate at 87 years old, meaning he is at high risk for a severe infection, according to the CDC. The Iowa senator is the third in the line of succession to the presidency as president pro tempore of the Senate.

Nov 18, 2020 - Health

Over a quarter-million people have died in the U.S. from COVID-19

Photo: Tayfun Coskun/Anadolu Agency via Getty

The United States topped 250,000 coronavirus-related deaths on Wednesday as infections soar in nearly every pocket of every state in the country, according to Johns Hopkins University data.

Why it matters: The sharp rise in the number of cases and fatalities has accelerated calls for government action. Wednesday's news exceeded infectious disease expert Anthony Fauci's March prediction in which he said "we should be prepared" that COVID-19 could kill 240,000 Americans.

Nov 18, 2020 - Health

Pfizer says latest data shows its coronavirus vaccine is safe and 95% effective

Photo: Dogukan Keskinkilic/Anadolu Agency via Getty Images

Pfizer said on Wednesday that its coronavirus vaccine is 95% effective and has no serious side effects.

The state of play: The company said they have enough safety data now and plan to request an emergency use authorization from the Food and Drug Administration "within days."