Pelosi, McConnell Fan Stimulus Hopes With Clock Running Out
- Democrats make ‘private’ offer to Mnuchin, Republicans
- McConnell largely reprises earlier proposal on smaller package
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House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell each took a stab at breaking the deadlock over a new stimulus, but it wasn’t clear that either side budged enough to get a deal in the short time Congress has left to act.
Pelosi and Senate Democratic leader Chuck Schumer -- who’ve previously stuck with a $2.4 trillion coronavirus relief package -- presented a new proposal to McConnell and Treasury Secretary Steven Mnuchin, but refused to publicly release details. Schumer called it “a private proposal to help move the ball forward.”