Pelosi: Coronavirus stimulus deal an improvement, but under review

Tribune Content Agency

WASHINGTON — Speaker Nancy Pelosi said Wednesday that a massive stimulus agreement reached by Senate Majority Leader Mitch McConnell, Senate Minority Leader Charles E. Schumer and key members of the Trump administration shows improvement over a GOP proposal released late last week. But she didn’t give a clear sign of approval or commit to a House vote.

“House Democrats will now review the final provisions and legislative text of the agreement to determine a course of action,” she said in a statement.

Pelosi said the agreement could take negotiators “a long way down the road in meeting the needs of the American people.”

“Thanks to the unity and insistence of Senate and House Democrats, the bill has moved a great deal closer to America’s workers,” the California Democrat said in a statement.

As of mid-morning, negotiators had not released final bill text after reaching a bipartisan agreement in the early morning hours that is designed to help reduce the economic impacts of the COVID-19 pandemic.

Shortly after the agreement was announced, Treasury Secretary Steven Mnuchin said that he hopes Pelosi will bring the compromise agreement to the House floor and not make any changes that would require it to go back to the Senate before it could be enacted by President Donald Trump.

“I can’t speak for the speaker, I hope she takes it up and she passes it as is,” said Mnuchin, who has been a key negotiator for the Trump administration throughout the last several days as the legislative and executive branches worked to find agreement.

The Senate is expected to vote on the measure later Wednesday after it comes into session at noon.

———

(Lindsey McPherson contributed to this report.)

———

©2020 CQ-Roll Call, Inc., All Rights Reserved

Visit CQ Roll Call at www.rollcall.com

Distributed by Tribune Content Agency, LLC.