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Nancy Pelosi speaking with reporters on Oct. 9. Photo: Xinhua/T IngShen/liujie via Getty Images

House Speaker Nancy Pelosi said Saturday that the Trump administration's new $1.8 trillion coronavirus relief proposal was “one step forward, two steps back," in a letter to her Democratic colleagues.

Why it matters: It's the most recent rejection in ongoing stimulus negotiations throughout the coronavirus pandemic and comes days after President Trump stopped, then restarted talks with House Democrats.

The state of play: Senate Majority Leader Mitch McConnell told a Kentucky event on Friday that a coronavirus stimulus deal is "unlikely in the next three weeks."

  • Two sources close to Senate leadership said Trump is desperate, has zero leverage to push them to support a bill crafted by Pelosi and congressional Republicans aren’t inclined to wrap themselves any tighter to a sinking ship.

What they're saying: "On Friday, the Trump Administration returned to the table with a proposal that attempted to address some of the concerns Democrats have in the coronavirus relief negotiations," Pelosi wrote.

  • "When the President talks about wanting a bigger relief package, his proposal appears to mean that he wants more money at his discretion to grant or withhold, rather than agreeing on language prescribing how we honor our workers, crush the virus and put money in the pockets of workers."
  • "From start to finish, the Trump Administration refuses to honor our heroes and respect the safety our workforce. The funding for state and local remains sadly inadequate."

What to watch: "Despite these unaddressed concerns, I remain hopeful that yesterday’s developments will move us closer to an agreement on a relief package that addresses the health and economic crisis facing America’s families."

  • "...Democrats are awaiting language from the Administration on several provisions as the negotiations on the overall funding amount continue."

Go deeper

Felix Salmon, author of Capital
Jan 15, 2021 - Politics & Policy

Biden's COVID package also progressive wish list

President-elect Joe Biden. Photo: Alex Wong/Getty Images

A crisis is a terrible thing to waste — and President-elect Joe Biden, emboldened by Democratic Senate victories in Georgia, signaled in his speech Thursday night he has no intention of wasting this one.

Why it matters: The president-elect rolled out a $1.9 trillion package headlined for its coronavirus relief but including billions in spending for cybersecurity, transit, wages, health care and other progressive programs.

Updated Jan 13, 2021 - Politics & Policy

Trump becomes first president to be impeached twice

Photo: Drew Angerer/Getty Images

The House voted 232-197 to impeach President Trump for “incitement of insurrection" after a violent pro-Trump mob breached the U.S. Capitol last week while Congress met to count the Electoral College vote.

Why it matters: Trump is now the only president in history to have been impeached twice — his first impeachment happened just over a year ago in December of 2019. He has just one week left in his term before President-elect Biden is sworn-in on Jan. 20.

Jan 15, 2021 - Politics & Policy

Democrats call on Schumer for speedy Trump impeachment trial

Incoming Senate Majority Leader Chuck Schumer. Photo: Alex Wong/Getty Images

Democrats are in a dilemma of their own making, and now they want incoming Senate Majority Leader Chuck Schumer to wrap up President Trump's impeachment trial as fast as possible, two sources familiar with the discussions tell Axios.

Why it matters: The party wanted to hold the president accountable for helping incite last week's Capitol attack but the actual mechanism for doing so — a Senate trial — is a balky tool that will inhibit President-elect Joe Biden from launching his effort to heal the country and its economy.

You’ve caught up. Now what?

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