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McConnell does not expect the next coronavirus stimulus until 2021



Senate Majority Leader Mitch McConnell (Mitch McConnell) said he does not expect the coronavirus stimulus package until early 2021.

McConnell of Kentucky told radio host Hugh Hewitt that the legislation will target “especially small businesses that are struggling and hospitals that are responding to the second round of coronavirus, and of course education. Challenges, including K-12 and universities.”

At the same time, President Trump claimed that an agreement would be reached “immediately” after election day.Speaker of the House of Representatives Nancy Pelosi (Dancy Calo) said she hopes that relief “will definitely help [done] At the beginning of the new president. “

“I want the bill for two reasons. First, the American people need help. They need real help. And, first, we have a lot of work to do in the Joe Biden administration,”

; Pelosi said.

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At the time of the month-long stalemate between Pelosi, McConnell and the White House, the news was mixed, and Pelosi and McConnell each claimed that the other side would not give in.

White House trade adviser Larry Kudlow declared that the Democrats “have shown no evidence of compromise on very critical issues.”

Kudlow said he believed that Pelosi was “binding us.”

He continued: “Our team now believes that the spokesperson has no intention of compromising on key issues.” “She will provide key assistance like PPP. [Paycheck Protection Program], Small business assistance and unemployment assistance. “

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Pelosi talked to Treasury Secretary Steve Mnuchin for weeks almost daily. Trump is confused about what he wants. He first tried to end the negotiations-but Mnuchin would not listen. Trump then announced that he wanted to spend more money than Pelosi wanted.

McConnell urged the White House earlier this month not to reach an agreement with Pelosi before the election because he feared that the Speaker did not engage in sincere negotiations with the White House.

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McConnell tried to make the president yield. He publicly supported a $1.8 trillion stimulus plan and provided a $500 billion targeted relief bill that Pelosi vetoed.

Talia Kaplan of Fox News contributed to this report.


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