Coronavirus stimulus: Pelosi lays out 8 areas of disconnect, calls President Trump's attitude 'shameful'

House spokeswoman Nancy Pelosi (D-CA), who has been actively negotiating a major new stimulus package with the White House, said the government's recent offer was insufficient but she still hoped for a deal.
"The president's stance is shameful when the need for immediate and meaningful action couldn't be more urgent," Pelosi said in a statement on Tuesday. "Tragically, the Trump proposal falls well short of what this pandemic and deep recession require."
]US. House Speaker Nancy Pelosi speaks during a press conference on Capitol Hill in Washington, DC, the United States, on October 9, 2020. (Xinhua / T IngShen / liujie via Getty Images)
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Pelosi listed eight sticking points in the proposal she received from the administration over the weekend, including: aid to state and local governments, funding schools, protecting workers and childcare assistance, rental support, funding for increased testing and tracking as well Small business finance, elections and the census.
The president has pushed for a comprehensive stimulus deal - after briefly breaking negotiations last week - and tweeted on Monday, "Republicans should focus heavily on getting a wonderful stimulus package out for the American people!"
The president backed a stimulus agreement at a much higher price than the latest GOP proposal and urged lawmakers to "Go Big!" In one tweet last week and another on Tuesday.
"I remain hopeful"
Any deal by the Democrats and the White House would likely meet stiff opposition in the Republican-controlled Senate, where 60 votes would be required to pass.
In early August, McConnell said the GOP would approve any deal between the White House and the Democrats - but that no longer appears to be the case.
The Democrats' latest $ 2.2 trillion stimulus proposal, passed by the House of Representatives in September, has a higher price tag than the $ 1.8 trillion proposal reported by the White House, and a much higher price than GOP -Proposals.
At least 41 states have disbursed all funds available under the Lost Wages Assistance (LWA) program. (David Foster / Yahoo Finance)
The Democratic proposal includes $ 436 billion for state and local governments, $ 282 billion for education and childcare, a second round of $ 1,200 economic reviews, an additional $ 600 unemployment benefits through January, and other provisions.
Read More: Here's What You Need To Know About Eligibility for Unemployment Benefit
The White House is mainly represented by Treasury Secretary Steven Mnuchin, who has spoken to Pelosi daily. The conversations continue.
"I remain confident that the White House will finally join us in understanding the needs of the American people and taking action to address the health and economic crisis in their lives," Pelosi said in a letter on Tuesday.
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Denitsa is a writer for Yahoo Finance and Cashay, a new personal finance website. Follow her on Twitter @denitsa_tsekova.
Continue reading:
Stock market highs, booming real estate, and millions of unemployed: A story of two Americas amid the coronavirus pandemic
Coronavirus stimulus: The wave of US states has run out of additional unemployment benefits as negotiations stall
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