McConnell and Pelosi expect a coronavirus relief deal but huge differences remain
The two most powerful lawmakers in Washington told CNBC on Thursday they believe Congress will strike a coronavirus relief agreement but said major differences must be resolved during an increasingly bitter process.
“Exactly when that deal comes together I can’t tell you, but I think it will at some point in the near future,” Republican Senate Majority Leader Mitch McConnell said on “Squawk on the Street.”
Speaking to CNBC shortly after McConnell, House Speaker Nancy Pelosi, D-Calif., also said she expects an agreement to boost an economy and health-care system devastated by the pandemic.
Negotiators have struggled to craft an aid bill that could pass both chambers of Congress as Democrats and Republicans try to hash out a bevy of disputes. The sides have to decide how to extend extra federal unemployment insurance, continue a moratorium on evictions from federally backed housing, help schools educate students safely …continued .
[Source: CNBC News]