White House chief of staff Mark Meadows suggested that if a new deal isn't reached by Friday on a congressional coronavirus relief package then a bill likely won't get passed.
"I think at this point we’re either going to get serious about negotiating and get an agreement in principle or I've become extremely doubtful that we’ll be able to make a deal if it goes well beyond Friday," Meadows said.
"We’ve been spending so much time together that if you’re not making progress, there’s no sense to continue," Meadows said.
This development followed a closed-door lunch between Meadows and Treasury Secretary Steven Mnuchin. Negotiators have set a deadline for Friday for an agreement in principle for the next coronavirus stimulus package.
"Well, we're working very hard, but we got a lot of issues," Schumer said heading into the meeting on Wednesday.
The congressional negotiators still disagree on how much to give for unemployment insurance and what the total amount of the bill should be. In the spring, House Democrats approved a $3 trillion bill. However, Republicans don't want spending on the bill to surpass $1 trillion.
Last week, the $600 weekly federal unemployment benefit lapsed as millions of Americans remain out of work. And a federal moratorium on some evictions has also expired.
Negotiators will meet twice on Wednesday, once with the postmaster general and for another round of talks with Meadows, Mnuchin, House Speaker Nancy Pelosi, D-Calif., and Senate Minority Leader Charles Schumer, D-N.Y.
"The president continues to look at executive action on a variety of issues that are affecting those who have economically been impacted by the COVID-19 virus. I don’t know I would put them necessarily on the timeline you outlined," Meadows said.
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