House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill September 10, 2020.
Ting Shen / Xinhua via Getty Images
House spokeswoman Nancy Pelosi said Sunday another coronavirus stimulus plan is possible as House Democrats try to push ahead a smaller aid package that costs about $ 2.4 trillion, about $ 1 trillion less than you original proposal but more than what the Trump administration has signaled.
The House Democrats and Trump administration negotiations fell on the apartment in early August, despite Treasury Secretary Steven Mnuchin said he and Pelosi had agreed to resume talks.
The chamber could vote on the bill as early as next week. The legislation will include unemployment benefits, direct payments to Americans, loans for the small business paycheck protection program, and aid to airlines.
Pelosi, facing growing pressure from moderate Democrats, has tried to convince Mnuchin and White House Chief of Staff Mark Meadows to add another $ 1 trillion to the government's $ 1.3 trillion offer. However, Mnuchin signaled earlier this month that the government would not approve a plan larger than $ 1.5 trillion.
"If I have a conversation with the administration, it is in good faith. I trust that Secretary Mnuchin is something that can lead to a solution and I believe we can reach an agreement," Pelosi said in an interview on CNN.
"At some point, however, the public will have to see why it needs $ 2.2 trillion or now $ 2.4 trillion," added Pelosi. "The president's rejection of the virus and the sheer resistance to doing anything to destroy it made matters worse … So we may need more money than that. And we'll be revealing what that is in no time is. "
Pelosi previously said that House Democrats would not leave Washington for re-election efforts until they took action to promote it. As the coronavirus continues to spread across the U.S., jobless claims rose to 870,000 last week and stock markets remain volatile.
Senate Republicans failed to propose a $ 500 billion aid package this month over Democratic objections that it was insufficient as it did not include state and local government aid and food aid, among other things.
"I think we have a chance to get something done and we want to," said Pelosi. "What we're going to put forward is an offer to say, let's negotiate now, within a timeframe and dollar amount, to get the job done, put money in people's pockets, honor our heroes, and destroy the virus."
– CNBC's Jacob Pramuk contributed to the coverage