Nancy Pelosi rejects Trump offer for short-term deal to extend benefits

House Speaker Nancy Pelosi of Calif. left and Senate Minority Leader Sen. Chuck Schumer of N.Y. speak to the media Tuesday

He said they're "miles apart". "This is only Wednesday, so hope springs eternal that we'll reach some kind of agreement either on a broad basis or a more narrow basis to avoid having an adverse impact on unemployment", McConnell told PBS Newshour on Wednesday.

Asked what could break the impasse, Mr. Meadows replied, "I don't know that anything will".

The president and Mr. Mnuchin on Wednesday called for a short-term coronavirus relief bill to extend unemployment benefits and prevent housing evictions.

"We're focused on those two things, we want to take care of them now", Mr. "The rest we can discuss later".

There's more money for virus testing, $15 billion for child care centers, and benefits for businesses, including a fresh round of loans under the Paycheck Protection Program, tax breaks, and a sweeping liability shield from COVID-19-related lawsuits.

As top White House negotiators returned for a third day of talks, stark differences remain between the $3 trillion proposal from Democrats and $1 trillion counteroffer from Republicans as millions of Americans' jobless benefits, school reopenings and eviction protections hang in the balance.

Republicans in the US Senate and Democrats in the House of Representatives have proposed between $1 trillion and $3 trillion in new spending to keep the US economy going, but they differ sharply on how to spend the money and on best approaches to the coronavirus pandemic.

The Federal Reserve said Wednesday it will keep interest rates near zero over the "medium term" until the central bank is assured that the economy is on track again to regain maximum employment.

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Associated Press writers Geoff Mulvihill in Cherry Hill, New Jersey; Rachel La Corte in Olympia, Washington; and Jill Colvin, Mary Clare Jalonick and Andrew Taylor in Washington contributed to this report.

"They want big bailout money for Democrats that ran cities terribly".

Democrats have dismissed the proposal as inadequate, and McConnell acknowledged the plan doesn't have enough support among Senate Republicans to pass.

"As of now, we're very far apart", Mnuchin told reporters.

While Trump lambasted Democrats - claiming without evidence that House Speaker Nancy Pelosi "takes care of herself" and no one else - his comments align with what U.S. Rep. Richard Neal, chairman of the powerful House Ways and Means Committee, said in an interview Tuesday: that the Trump administration actually appears closer to Democrats' views on a stimulus deal than Senate Republicans. Trump said, apparently referring to another round of proposed direct payments to most Americans of $1,200. "We really don't care". "You understand that. They're not making the payments; they're not making them high enough", Mr. Trump said. Democrats want to extend the $600 benefits through the end of the year. "It's hard to say that we will compromise on one particular area of significance without seeing the entirety of the package".

Unemployed workers have been receiving an extra $600 a week from the federal government since late March to supplement state jobless aid.

Shelby, the top GOP appropriator in the Senate, said the funding is important to support American jobs in the defense industry. (This is the federal benefit bestowed in addition to state benefits.) Then the aid would be phased out to a new benefit that ensures no more than 70% of an employee's previous pay.

"I am opposed to non-germane amendments", Senate Majority Leader Mitch McConnell, R-Ky., said on Tuesday after the Senate GOP weekly luncheon.

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