U.S. House speaker sets 48-hour deadline to approve relief package before election

U.S. House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill in Washington, D.C., the United States, on Oct. 9, 2020. (Photo by Ting Shen/Xinhua)

“Decisions must be made by the White House in order to demonstrate that the Administration is serious about reaching a bipartisan agreement that provides for Americans with the greatest needs during the pandemic,” says Drew Hammill.
U.S. House Speaker Nancy Pelosi said on Sunday that White House and congressional lawmakers must reach an
agreement in 48 hours if they want to pass a new COVID-19 relief package before the presidential election in
November.”The 48 only relates to if we want to get it done before the election, which we do,” Pelosi said in an
interview with ABC News.”We’re saying to them, we have to freeze the design on some of these things. Are we going
with it or not and what is the language? I’m optimistic because, again, we’ve been back and forth on all of this,
” she said.Asked about whether Americans are going to get pandemic relief before Nov. 3 Election Day, Pelosi said
that depends on the Trump administration. “The fact is that we cannot — the heart of the matter is to stop the
spread

of the virus,” she said.
U.S.Treasury Secretary Steven Mnuchin testifies at a hearing before the U.S. Senate Committee on Banking, Housing,
and Urban Affairs on Capitol Hill in Washington, D.C., the United States, Sept. 24, 2020. (Toni L. Sandys/Pool
via Xinhua)Pelosiand Treasury Secretary Steven Mnuchin have been negotiating a new COVID-19 relief package for
months, with the most recent call on Saturday night resulting in “some encouraging news on testing,” according to
Drew Hammill, spokesman and deputy chief of staff for the House speaker.”There remains an array of additional
differences as we go provision by provision that must be addressed in a comprehensive manner in the next 48 hours,
” Hammill tweeted Saturday night.”Decisions must be made by the White House in order to demonstrate that the Administration is serious about
reaching a bipartisan agreement that provides for Americans with the greatest needs during the pandemic,” Hammill
said.
During a virtual conference hosted by the Milken Institute on Wednesday, Mnuchin said that it would be difficult
for the White House and Democrats to reach a deal on a comprehensive COVID-19 relief package before the
presidential election, as the two sides were still far apart on certain issues.”I’d say at this point getting
something done before the election and executing on that would be difficult, just given where we are,” Mnuchin said.Federal Reserve Chairman Jerome Powell has recently urged policymakers to provide more fiscal relief to
households and businesses hurt by the pandemic, warning a prolonged slowing economic recovery could trigger
typical recessionary dynamics.

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