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Democrats Crafting New $2.4 Trillion Stimulus Bill to Spur Talks: Pelosi

Democrats Crafting New $2.4 Trillion Stimulus Bill to Spur Talks: Pelosi






House Democrats have started drafting a stimulus proposal of roughly $2.4 trillion that they can take into possible negotiations with the White House and Senate Republicans, according to House Democratic officials.

The Democrat-only plan also would address demands from swing-state lawmakers in the party for passage of a virus-relief plan before they adjourn for the stretch run of their reelection campaigns — even if it doesn’t result in a deal that gets signed into law.

The bill could get passed by the House next week. While smaller than the $3.4 trillion package the House passed in May, it remains much larger than what Senate Republicans have said they could accept. President Donald Trump has indicated he’d be willing to go as high as $1.5 trillion.

“When you are talking about $2.2 trillion and $1.5 trillion you are in deal-making territory” Democratic Representative Dan Kildee said. House Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer had earlier pressed the White House for a $2.2 trillion package.

As the top-line figure remains well above what the Trump administration has favored, the new House bill may do little on its own to resolve the impasse in talks that’s persisted since August. Senate Republicans proved unable to coalesce around an earlier $1 trillion proposal, and instead backed a $650 billion plan that ended up getting blocked by Democrats as insufficient.

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