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House Speaker Nancy Pelosi on Nov. 20. Photo: Drew Angerer/Getty Images

House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) on Wednesday urged Senate Majority Leader Mitch McConnell (R-Ky.) to use a $908 billion bipartisan coronavirus relief framework as a basis for jumpstarting negotiations.

Why it matters: The framework, introduced by a group of bipartisan lawmakers on Tuesday, calls for significantly less funding than Pelosi had previously demanded — a sign that Democrats are ready to further compromise as millions of Americans endure economic hardship.

  • McConnell appeared to reject the proposal on Tuesday, telling reporters: "We just don’t have time to waste time."
  • He later circulated his own framework for stimulus legislation to Republican members that would establish a fresh round of funding for the small-business Paycheck Protection Program and implement widespread liability protections.

Details: The framework includes $160 billion for state and local government aid, $180 billion in additional unemployment insurance, $288 billion for the small business Paycheck Protection Program, and short-term federal protection from coronavirus-related lawsuits, among other things.

  • It was introduced by a group that includes GOP Sens. Mitt Romney (Utah), Rob Portman (Ohio), Susan Collins (Maine), Lisa Murkowski (Alaska) and Pat Toomey (Pa.), and Democrats Mark Warner (Va.), Chris Coons (Del.), Joe Manchin (W.Va.) and Michael Bennet (Colo.).
  • The proposal dropped hours before Treasury Secretary Steven Mnuchin and Pelosi planned to discuss coronavirus relief — their first talks since October.
  • Read the full breakdown of the framework.

What they're saying: "While we made a new offer to Leader McConnell and Leader McCarthy on Monday, in the spirit of compromise we believe the bipartisan framework introduced by Senators yesterday should be used as the basis for immediate bipartisan, bicameral negotiations," Pelosi and Schumer said in a joint statement.

  • “In light of the urgency of meeting the needs of the American people and the hope that the vaccine presents, it’s time for Leader McConnell to sit down with Democrats to finally begin a true, bipartisan effort to meet the needs of the country."
  • "Of course, we and others will offer improvements, but the need to act is immediate and we believe that with good-faith negotiations we could come to an agreement."
  • President-elect Joe Biden endorsed the bill on Wednesday at a virtual roundtable, but warned it would “at best only be a down payment” on a more robust package until he is in office, per Bloomberg.

Go deeper

Bryan Walsh, author of Future
Jan 23, 2021 - Health

Schools face an uphill battle to reopen during the pandemic

Illustration: Aïda Amer/Axios

President Biden's plan to accelerate the reopening of K-8 schools faces major challenges from a still out-of-control pandemic and more contagious coronavirus variants.

Why it matters: The longer American kids miss in-person schooling, the further they fall behind. But the uncertain state of the science on the role young children play in the pandemic continues to complicate efforts to reopen schools.

Latest James Bond movie release delayed for third time

An advertisement poster featuring Daniel Craig in the new James Bond movie "No Time to Die" in Bangkok, Thailand. Photo: Mladen Antonov/AFP via Getty Images

The release of the latest James Bond film, "No Time to Die," has been postponed for the third time as the coronavirus pandemic continues to devastate Hollywood.

The state of play: The film's release, initially scheduled for April 2020, was first postponed to November 2020, and then to April 2021. MGM said this week that movie's global debut will now be delayed until Oct. 8.

Jan 23, 2021 - World

Brazil begins distributing AstraZeneca coronavirus vaccine

Containers carrying doses of the Oxford/AstraZeneca vaccine arrive in Brazil. Photo: Maurio Pimentel/AFP via Getty Images

Brazil on Saturday began distributing the 2 million doses of the AstraZeneca coronavirus vaccine that arrived from India Friday, Reuters reports.

Why it matters: Brazil has the third highest COVID-19 case-count in the world, according to Johns Hopkins University data. The 2 million doses "only scratch the surface of the shortfall," Brazilian public health experts told the AP.