WASHINGTON — Details of the Trump administration’s $1.8 trillion offer to House Speaker Nancy Pelosi for Covid-19 relief legislation obtained by NBC News reveal that they have moved closer to the Democrats’ position — but major hurdles still remain.
The new offer increases the topline number, adds money for food, mortgage, and rental assistance, increases the amount for federal response to the pandemic, unemployment insurance, and direct payments to Americans.
Pelosi, D-Calif., told her members in a letter Saturday morning that the proposal is “insufficient.”
And on the other side of the Capitol, Senate Republicans on Saturday expressed their deep displeasure with the administration’s price tag of nearly $2 trillion in a phone call with Treasury Secretary Steve Mnuchin and White House chief of staff Mark Meadows, according to three sources familiar with the phone call.
Any deal would have to pass the Republican-led Senate and time is running out