Treasury Secretary Steven Mnuchin rejected an offer from Democratic leaders for a roughly $2 trillion coronavirus relief package amid growing concerns that negotiations between the two parties are on the brink of collapsing.
"That's a non-starter," Mnuchin said Friday.
House Speaker Nancy Pelosi proposed the $2 trillion price tag during a closed-door meeting on Thursday, an attempt to reconcile the two party's drastically different aid proposals. Democrats offered to reduce their $3.4 trillion aid package by $1 trillion if Republicans would agree to raise their estimated $1 trillion proposal by the same amount.
Source:
Fox Business
