A stimulus package came close to reality last week as the parties moved $500 billion closer to a deal. Here's what still needs to be done and how the parties might reach a deal:
Following the call last week, however, Speaker Pelosi reduced her proposal by $200 billion, down to $2.2 trillion.
In contrast, Democrats want to focus on the top line number. They want to reach agreement on the total cost of the package and then fill in the details later. This was evident in their offer to compromise on the overall cost of the next stimulus package. A representative for Speaker Pelosi responded saying that these comments mischaracterized their discussions. They also claimed that Mr. Meadows was unwilling to break down the costs of the Republican proposal.
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