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WASHINGTON — Pressed by Democrats to quickly negotiate a new coronavirus relief package, Treasury Secretary Steven Mnuchin said Tuesday the administration remains willing to work on a bipartisan agreement to help small businesses, the unemployed, children and schools. Democratic leaders in Congress are holding it up with hardened positions, he said.
“Let’s move forward on a bipartisan basis on points we can agree upon,” Mnuchin urged at a hearing by the House Select Subcommittee on the Coronavirus Crisis. “The president and I want to move forward.”
Mnuchin made the case that the economy’s recovery has strengthened in recent weeks, citing improved consumer spending, growth in manufacturing and a rebounding housing market. It’s the failure of some states to reopen activity that is holding back the economy, he said.
But Democrats insisted that dire economic conditions persist for many. “Millions of Americans are now facing eviction, debt and hunger,” said the panel’s chairman, Rep. James Clyburn, D-S.C. “As the pandemic drags on, states, cities and businesses are warning that more layoffs may be coming.”
With bipartisan agreement, Congress enacted an unprecedented $2.3 trillion pandemic rescue package in March. Now the Trump administration and top congressional Democrats have been in a monthslong stalemate over new relief legislation, with the two sides trillions of dollars apart.
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