Stimulus Doomed by Diverging Goals of Trump, Pelosi, McConnell

  • Pelosi insisted on $2.2 trillion, raised policy hurdles
  • McConnell and GOP balked at cost as Trump shifted stances
WATCH: U.S. Treasury Secretary Steven Mnuchin says he and House Speaker Nancy Pelosi are "still far apart" on stimulus.Source: Bloomberg
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Even with the U.S. still reeling from the coronavirus pandemic, Washington fell short in delivering more stimulus before the election, whipsawed by President Donald Trump and hobbled by the diverging agendas of the top Republican and Democrat in Congress. Now, voters will help decide what happens next.

House Speaker Nancy Pelosi, a self-proclaimed “master legislator,” entered the talks in July with a reputation for legislative acumen honed over years of consequential budget battles and in previous showdowns with Trump. She put in her bid for an even bigger pandemic rescue plan than the $2 trillion package passed in March.