The White House and Democrats can’t agree on a new economic aid package

The speaker of the House of Representatives said about “serious differences” between Democrats and the White House.

House Speaker Nancy Pelosi said after a phone call with Treasury Secretary Steven Mnuchin that “serious differences” remain between Democrats and President Trump’s administration over the new coronavirus control bill.

“Unfortunately, this phone conversation made clear that there are still serious differences between Democrats and the White House in understanding the seriousness of the situation facing American working families,” Pelosi was quoted as saying by Reuters.

“During our conversation, I once again expressed my hope that Republicans will sit down at the negotiating table and work with Democrats to save the lives and livelihoods of the American people,” Pelosi said.

In mid-May, Democrats in the House of Representatives approved the fifth coronavirus control bill this year, totaling more than $ 3 trillion.

Some Republicans oppose the new aid out of concern about the vast and growing budget deficit, which is projected to approach $ 4 trillion this year.

White House chief of staff Mark Meadows said on Friday that President Donald Trump is ready to sign a $ 1.3 trillion bill to help the economy, compared with the initial Republican proposal of $ 1 trillion.

Pelosi lowered the Democrats ‘ initial demand of $ 3 trillion to $ 2.2 trillion, insisting that states, municipalities, schools, and coronavirus testing must be funded.

Earlier on Tuesday, Steven Mnuchin confirmed that the administration is ready to agree quickly on a new economic aid package and work on a bipartisan agreement to help small businesses, the unemployed, children, and schools. According to Mnuchin, democratic leaders are taking a hard line.

“Let’s move forward on a bipartisan basis on points that we can agree on,” Mnuchin urged at a House hearing, “the President and I want to move forward.”

Mnuchin made the case that the economic recovery has strengthened in recent weeks, citing improved consumer spending, rising production, and a recovery in the housing market. According to him, growth is held back by the reluctance of some states to open the economy.

Democrats insist that the difficult economic conditions continue for many people in the United States.

“Millions of Americans are now facing eviction, debt, and starvation,” said Congressman James Clyburn. “As the pandemic drags on, States, cities, and businesses are warning of the possibility of more layoffs.”