Speaker Nancy Pelosi (D-Calif.) on Friday rejected a White House offer for a $1.3 trillion coronavirus relief bill, saying the latest proposal from the GOP falls well short of what is needed to help Americans weather the fallout from the COVID-19 pandemic.
Pelosi said in a "dear colleague" letter to members of her caucus that she does not support anything less than the $2.2 trillion package proposed by Democrats. White House chief of staff Mark Meadows had floated the $1.3 trillion figure earlier in the day, saying President Trump would back it. The figure was up from the Senate GOP’s proposal of $1.1 trillion.
She needs pensions to be a standard bailout item. Any partial pension bailout helps establish the precedent. It is a point of principle with the Dem leadership. Repub small states have the opposite principle.
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