Treasury Secretary Steven Mnuchin rejected an offer from House Speaker Nancy Pelosi to roughly split the difference in the price tags of the Democratic and Republican coronavirus relief plans as they returned to talks aimed at striking a deal.
“That’s a non-starter,” Mnuchin said Friday as he headed for another round of talks with Pelosi and Senate Democratic leader Chuck Schumer.
The talks, which also include White House Chief of Staff Mark Meadows, resumed after a session Thursday night that broke up with little progress made on bridging differences on major parts of stimulus plan, leaving the negotiations on the brink of collapse.
Pelosi and Schumer said that during those talks they offered to cut $1 trillion from the Democrats’ $3.5 trillion proposal if Republicans would raise the top-line number of their plan by $1 trillion.
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