Nancy Pelosi is optimistic about the ultimatum to reach a bipartisan agreement. Thus the economic rescue negotiations this October 20th.
Everything seems to indicate that the citizens of the American Union are getting closer to witnessing the approval of a new economic rescue with pandemic relief, as negotiations between the leader of the House of Representatives, Nancy Pelosi, and the Secretary of the Treasury of the United States and Representative of the White House, Steven Mnuchin, finally begin to move forward.
The advances come after Pelosi established today – October 20 – as the deadline for reaching an agreement between Democrats and Republicans, otherwise there would be no economic rescue until after the presidential elections, which will take place in the country on November 3.
“Pelosi and Secretary Mnuchin spoke at 3:00 pm today for approximately 53 minutes. In this call, they continued to narrow their differences. Pelosi has charged committee chairs with reconciling differences with their Republican counterparts in key areas.
“Pelosi is still hoping that by the end of Tuesday we will be clear about whether we can pass a bill before the election. The two directors will speak again tomorrow and the work of the staff will continue 24 hours a day,” said Drew Hammill, spokesperson for Nancy Pelosi, through social networks.
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It is estimated that by the night of October 20th it will be known if Pelosi and Mnuchin managed to advance in the talks and reach a bipartisan agreement, although of course, if so, this does not mean that the new economic rescue will be ready for the same day today, as the process of legislation would still be needed.
“Not that this is the day we would have a deal. It’s a day when we would have our terms on the table so that we could move to the next step. Legislation takes a long time,” Pelosi said. That said, we just have to wait for the agreement between Pelosi and Mnuchin to be announced.