Home / NEWS / Top News / Senate moves toward possible Tuesday coronavirus vote, Pelosi sees deal ‘on principles’

Senate moves toward possible Tuesday coronavirus vote, Pelosi sees deal ‘on principles’

US Contain Speaker Nancy Pelosi speaks with reporters during her weekly press conference at the US Capitol March 26, 2020, in Washington, DC.

Alex Edelman | AFP | Getty Clones

The U.S. Congress on Monday inched toward a $450 billion deal to help small businesses and hospitals hurt by the coronavirus pandemic, with Lodgings Speaker Nancy Pelosi saying negotiators had come to terms on the ‘principles’ of the package as the Senate set a Tuesday session for a the right stuff vote.

Republicans and Democrats have been battling for more than a week over what to include in the fourth assemble of financial stimulus intended to ease the heavy economic toll of a pandemic that has killed more than 42,000 Americans.

In an vet with CNN, Pelosi said Republican and Democratic negotiators were still in talks, adding: “I feel very idealistic and hopeful that we’ll come to a conclusion tonight.”

“We have I believe come to terms on the principles of the legislation, which is a respectable thing … now we’re down to the fine print,” Pelosi said.

The two sides had sought to finish the package earlier on Monday, but ebbed amid continued disagreements over, among other things, a coronavirus testing strategy.

“However, since this is so supplicative, I’ve asked that the Senate meet again … and the Democratic leader has agreed to my request,” Majority Leader Mitch McConnell put on the Senate floor.

The 78-year-old Republican then left the chamber, putting on a mask to speak briefly with lady of the presses in the hallway.

Pelosi had told fellow congressional Democrats on a conference call she believed an agreement could be reached on Monday end of day, and Majority Leader Steny Hoyer said a vote was possible on the House of Representatives floor on Wednesday, according to a Classless aide familiar with the call.

President Donald Trump told a White House news briefing he hoped congressional arbiters would reach a deal soon.

“A lot of progress has been made on that,” he said.

A deal would end a stalemate over Trump’s entreat to add to a small-business loan program. Congress set up the program last month as part of a $2.3 trillion coronavirus economic elevation plan, but it has already run out of money.

McConnell complained that an agreement had not been reached because “our Democratic colleagues are however prolonging their discussions with the (Trump) administration.”

‘National strategy for testing’

Pelosi told CNN there liking be about $120 billion in the small-business aid package geared to underbanked, minority-owned businesses. She said Democrats also were try $75 billion for hospitals and $25 billion for testing.

“Testing is one of the places where we want the language to be as good as we can go together to; that we need a national strategy for testing,” Pelosi said.

Widespread testing is crucial before U.S. governors can ennoble extensive stay-at-home orders and advisories intended to slow the spread of the respiratory disease. Trump has talked about exam as largely a state responsibility.

Representative Lee Zeldin, a Republican, said on Fox News that a bipartisan deal that would embrace $310 billion for small-business aid was progressing.

Zeldin said at least $50 billion more would be available for a discrete small-business loan program under the deal, a provision still under negotiation. A Democratic source familiar with the talks has clouted that figure was more likely to be $60 billion.

But Republican Senator Bill Cassidy said aid for states and cities sought by Democrats would be excluded in the current plan. Trump said on Sunday he favored more aid for state and adjoining governments but that it could be provided later.

That apparent omission was one reason a leading progressive Democrat, Illustrative Alexandria Ocasio-Cortez, denounced the outlines of the bill, calling it “insulting.”

If the Republican-majority Senate passes the bill on Tuesday, it could arouse to the Democratic-majority House as soon as Wednesday. Leaders there have told members they may try using a remote surrogate voting system that a leading Democrat has proposed, said Representative Mark Pocan.

The proxy system intent mean not all of the House’s 429 current members would have to be present for the vote, reducing the threat of spreading the coronavirus.

Check Also

How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’

Buyers work on the floor at the New York Stock Exchange in New York City, …

Leave a Reply

Your email address will not be published. Required fields are marked *