Dem Senator Signals Potential New Deal On Economy

Via The Washington Examiner:

Congress can reach a bipartisan deal on a new economic relief package by early next week, the top Senate Democrat said Friday after speaking with Treasury Secretary Steven Mnuchin.

Senate Minority Leader Chuck Schumer, a New York Democrat, said Friday he spoke by phone with Mnuchin about the Treasury Department’s request for an additional $251 billion to replenish a small business relief fund that is running out of money.

Democrats blocked the measure from passing the Senate on Thursday after Republicans rejected their demands to double the funding and greatly expand the scope of the bill.

“I had a constructive call with Secretary Mnuchin this morning, during which he agreed to pursue bipartisan talks with the leadership of House and Senate Democrats and Republicans on interim Emergency Coronavirus Relief legislation,” Schumer said in a statement Friday. “There’s no reason why we can’t come to a bipartisan agreement by early next week.”

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