Pelosi, Mnuchin open door to narrower COVID-19 aid through 2020

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Pelosi, Mnuchin open door to narrower COVID-19 aid through 2020
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U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks, after weeks of failed negotiations prompted President Donald Trump to take executive actions that Democrats argued would do little to ease Americans' financial distress.

WASHINGTON - U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks, after weeks of failed negotiations prompted President Donald Trump to take executive actions that Democrats argued would do little to ease Americans’ financial distress.

On Sunday, both Pelosi and Mnuchin appeared willing to consider a narrower deal that would extend some aid until the end of the year and then revisit the need for more federal assistance in January, after November’s election that could rebalance power in Washington. “We could talk about how long our provisions would be in effect, so we can take things down — instead of the end of September of next year, a shorter period of time — and we’ll revisit all of it next year anyway,” said Pelosi, whose fellow Democrats controls the U.S. House of Representatives.

Democrats, pushing hard to keep a $600 per week additional unemployment benefit and deliver more funds to cash-strapped states and cities battered by the pandemic, had offered to meet Republicans halfway to close the $2 trillion gap — a move the White House rejected.

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