Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Mnuchin Blames Pelosi for Stalled Stimulus Talks
Posted
December 2, 2020
Views
25,193
Likes
118
Comments
62
Engagement
0.71%
December 2, 2020
25,193
118
62
0.71%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Episode Timeline
Every episode in order around the one you’re watching — click any card and the page flips straight to it.
1:16Now PlayingHouse Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell each took a stab at breaking the deadlock over a new stimulus, but it wasn’t clear that either side budged enough to get a deal in the short time Congress has left to act.
Pelosi and Senate Democratic leader Chuck Schumer -- who’ve previously stuck with a $2.4 trillion coronavirus relief package -- presented a new proposal to McConnell and Treasury Secretary Steven Mnuchin, but refused to publicly release details. Schumer called it “a private proposal to help move the ball forward.”
McConnell, in response, began circulating his own plan to fellow Republicans, saying it had the blessing of President Donald Trump. While he labeled it a new proposal, an outline distributed to GOP senators showed it was largely a revision of an earlier $500 billion plan that had been rejected by Democrats as inadequate.
The emergence of the proposals Tuesday reflected the rising concerns that the economy needs another boost amid evidence that surging Covid-19 cases are undermining the recovery as past fiscal support runs out. President-elect Joe Biden on Tuesday called on Congress to pass a “robust” aid bill while unveiling his economic team, without offering specifics of how big it should be or what measures it ought to contain.
Subscribe to our YouTube channel
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
