White House chief of staff Mark Meadows this morning told CNBC’s “Squawk on the Street” he is “probably more optimistic about the potential for a stimulus deal in the last 72 hours than I have been in the last 72 days.”
Meadows remarks came shortly after President Trump’s tweet urging Republicans to embrace a larger coronavirus stimulus package Wednesday. The president told GOP lawmakers to “go for the much higher numbers” in legislation designed to boost an economy and health-care system struggling under the weight of the pandemic.
Many Republicans have embraced limited relief, or backed no new spending at all, as the major parties struggle to break a stalemate over a fifth relief bill.
The comment from Meadows, one of the two leading Trump administration negotiators in stimulus talks, followed the Tuesday release of a roughly $1.5 trillion aid proposal by the bipartisan House Problem Solvers Caucus.
Meanwhile, Speaker Nancy Pelosi rejected calls from some House Democratic moderates to hold a vote on the new, smaller stimulus bill and doubled down on her push to get the White House to agree to a $2.2 trillion package. “What we want is to put something on the floor that will become law,” Pelosi said on MSNBC Wednesday.
White House Press Secretary Kayleigh McEnany said Wednesday that President Donald Trump wants to get a stimulus deal and it is Pelosi who has been “fundamentally unserious.”
This is a developing story so check back for more updates.