US Trump raises coronavirus stimulus offer to $1.8 trillion
The White House on Friday took a new coronavirus stimulus offer to Democrats, believed to cost $1.8 trillion, as the sides work to strike a deal before the 2020 election.
The plan would mark an increase from the $1.6 trillion the Trump administration previously proposed. House Democrats passed a $2.2 trillion bill earlier this month, and the sides have struggled to find a consensus in between those figures.
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke for more than 30 minutes Friday afternoon, the California Democrat’s spokesman, Drew Hammill, said. Mnuchin offered a proposal “that attempted to address some of the concerns Democrats have,” he added.