Transcript
While the pandemic surges, talks between the White House and Democrats over the next round of economic stimulus are on the brink of collapse.
Congress’ self-imposed deadline for a stimulus deal is today (Friday).
But it appears there is little chance of a bipartisan agreement before the weekend begins.
Talks about the stimulus are in a stalemate.
Top White House negotiators say big roadblocks remain after Thursday’s three hour meeting with Democratic leaders.
The White House Chief of Staff says both sides are willing to stay engaged in negotiations but their differences are significant.
House Speaker Nancy Pelosi is disappointed with discussions, saying President Trump and Republicans do not understand the gravity of the situation.
The points of disagreement haven’t changed much since the sit-downs began.
Republicans want to pass a ‘skinny deal’ that deals with some of the pressing issues but Democrats want to do something big just like with every other bill.
White House administration officials say Trump may take executive action if the deal is not completed by today (Friday).