August 31, 2020

Mnuchin eyes new spending proposal, says Democrats won’t negotiate

Washington (AFP) – US Treasury Secretary Steven Mnuchin on Monday said Republicans will soon unveil a new spending bill to aid the coronavirus-battered economy amid an ongoing impasse with Democratic lawmakers.The White House and Congress have been deadlocked for weeks over a successor to the $2.2 trillion CARES Act passed as the pandemic struck in March, and key provisions of the law including extra jobless payments and aid to small businesses expired at the end of July.President Donald Trump’s administration has balked at proposals from Democrats, who in May passed a $3 trillion spending pac…


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