Mnuchin pushes for limited stimulus as stalemate persists

From Bloomberg News via Transport Topics. Treasury Secretary Steven Mnuchin renewed a push for a more limited next-round U.S. pandemic relief package of “a little more than $1 trillion” on Aug. 12, saying that Democratic demands for spending more could be discussed down the road. “We can always come back later in the year or…

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From Bloomberg News via Transport Topics.

Treasury Secretary Steven Mnuchin renewed a push for a more limited next-round U.S. pandemic relief package of “a little more than $1 trillion” on Aug. 12, saying that Democratic demands for spending more could be discussed down the road.

“We can always come back later in the year or January and do a sixth bill,” Mnuchin said on Fox Business Network. “We don’t have to do everything at once.”

With no plans announced for any further negotiations, Mnuchin said “I can’t speculate” about prospects for a deal between the Trump administration and Democrats led by House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer.

“If the Democrats are willing to be reasonable, there’s a compromise,” Mnuchin said. “If the Democrats want to focus on politics and don’t want to do anything that’s going to succeed for the president, there won’t be a deal.”

See the complete article from Bloomberg News via Transport Topics online.

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