Senate Majority Leader Mitch McConnell (R-KY) addressed the looming topic of a second Coronavirus, Aid, Relief and Economic Security (CARES) Act stimulus package after a week of debates between Republicans and Democrats. Leader McConnell said that Senate Republicans have an “agreement in principle” with the Trump administration but that the White House requested additional time to preview the final legislation.
MCCONNELL: “the administration has requested additional time” to go over the final details … “we have an agreement in principal on the frame of the package”
— Jake Sherman (@JakeSherman) July 23, 2020
McConnell on COVID-19 relief talks: "The Senate majority has assembled a framework for CARES 2. The Admin has requested addt'l time to review the fine details,but we will be laying down this proposal early next week. We have an agreement in principle on the shape of the package." pic.twitter.com/Xhksr92sBb
— Craig Caplan (@CraigCaplan) July 23, 2020
Leader McConnell met with Treasury Secretary Steve Mnuchin and White House Chief of Staff Mark Meadows earlier on Thursday to discuss details of the upcoming legislation. Sec. Mnuchin said that the Trump administration is “focused on direct payments” for Americans in need.
CLIP: From this morning, Secretary @stevenmnuchin1 on Coronavirus Aid Package Talks pic.twitter.com/JqRgXpmb0U
— CSPAN (@cspan) July 23, 2020
Leader McConnell expects the relief package to be unveiled early next week.
The Senate majority has assembled a framework for CARES 2. It is tailored precisely to this phase of the crisis to deliver more relief to the American people. It represents an agreement in principle with the administration, and will be introduced next week.
— Leader McConnell (@senatemajldr) July 23, 2020