Podcast Center
Video Center
Webcasts
Resource Center
Events
By 
August 02, 2020 at 01:20 PM
Talks continued over the weekend on the next round of economic stimulus, with Democratic leaders and Trump administration officials agreeing that while there’s still a long way to go, they are making headway.
Treasury Secretary Steven Mnuchin said during a Saturday press briefing that the priorities for President Donald Trump are to extend the expired unenhanced unemployment insurance benefits as well as to prevent rental evictions.
While Democrats have made clear they want to do “an entire package,” Mnuchin said, “we’ve made clear that we’re willing to deal with the short-term issues, pass something quickly and then come back to the larger issues.”
Senate Minority Leader Chuck Schumer, D-N.Y., stated in a separate press briefing Saturday that “this was the longest meeting we had and was more productive,” however, “many issues are outstanding.”
Democrats’ $3 trillion Health and Economic Recovery Omnibus Emergency Solutions (Heroes) Act — which passed the House in May — extends $600 weekly unemployment benefits through January 2021, while the Republicans’ $1 trillion Health, Economic Assistance, Liability Protection and Schools (HEALS) Act cuts supplemental unemployment benefits to $200 a week through September, when the payment will be combined with state benefits to replace 70% of wages.
Mnuchin and White House Chief of Staff Mark Meadows met for three hours on Saturday with Schumer and House Speaker Nancy Pelosi. Mnuchin stressed that Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarthy, R-Calif., are “very involved” in the discussions.
