McConnell Sets Up Vote on Republican Relief Plan Pelosi Rejects

  • Majority leader introduces ‘skinny’ proposal to break logjam
  • Democratic leaders blast ‘emaciated’ bill as political stunt
WATCH: Speaker Pelosi calls Mitch McConnell’s fiscal relief package “fraudulent.”Source: Bloomberg)
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Congressional leaders hardened their battle lines on additional fiscal stimulus on Tuesday, with House Speaker Nancy Pelosi labeling Republican Senate Majority Leader Mitch McConnell’s proposal for a slimmed-down package “fraudulent.”

The Republican bill, featuring some of the aspects of a $1 trillion proposal they put forth a month ago, is expected to cost $500 billion to $700 billion, with some of that covered by unspent funds allocated to support Federal Reserve facilities. The bill -- a far cry from the $2.2 trillion relief that Democrats want -- will get a Senate vote on Thursday.