- The Speaker of the House of Representatives, Nancy Pelosi, said that in 48 hours it should be confirmed whether or not there will be a stimulus package before the elections.
- Pelosi said that the 48 hours to finalize the stimulus package will be fulfilled on Tuesday.
- Pelosi explained that if a new stimulus package is to be achieved, the decision must be made within 48 hours.
Will help finally arrive? The Speaker of the House of Representatives, Nancy Pelosi, set a 48-hour deadline this Sunday to finalize the stimulus package before the presidential elections.
Pelosi said Sunday that she and Treasury Secretary Steven Mnuchin must reach an agreement within 48 hours if they want to pass a new coronavirus stimulus bill before the Nov.3 election, she reported. CNN.
“The 48 (hours) only relate to if we want to do it before the election, which we want,” Pelosi said in an interview on ABC’s “This Week.”
“But we are telling you that we have to freeze design on some of these things. Do we accept it or not? And what is the language ”, he added.
Senate Majority Leader Mitch McConnell announced Saturday that stimulus measures would be voted on Tuesday and Wednesday, including a separate Paycheck Protection Program bill to help small businesses.
But Democrats, who are expected to block McConnell’s effort, have been pushing for a broader deal, betting on the intermittent conversations Pelosi has had with Mnuchin for months, CNN explained.
Pelosi’s office told CNN on Sunday that the 48-hour deadline expires at the end of Tuesday.
He noted that answers are needed to key questions pending at that time or they will not be able to pass a bill before the elections where Donald Trump and Joe Biden will face off.
The negotiations would continue after Tuesday if an agreement is not finally reached, but then they would not yield a positive result before the elections.