White House, Lawmakers Still No Closer To Stimulus Deal

Earlier this week, there may have been hope about both sides of the aisle coming together on a deal for economic relief amid the coronavirus pandemic. But that was then. The Trump administration and Democratic leaders aren't any closer to a deal after meeting for hours yesterday.

House Speaker Nancy Pelosi noted "it's most unfortunate" how far apart they are. Treasury Secretary Steven Mnuchin explained if there is no deal today, then President Trump will take executive action. As we told you before, both sides are pointing fingers about the stalemate.

Democrats have been pushing for a bigger, more expensive stimulus package while Republicans have proposed legislation with a smaller price tag. House Speaker Nancy Pelosi says Republicans are trying to "nickel and dime" the American people. Senate Majority Leader Mitch McConnell says "Democrats are putting (a deal) in jeopardy" to focus on "unrelated liberal demands."

Source: CNN