Pelosi says there is 'real optimism' Congress can reach a stimulus deal in the next few hours
House Speaker Nancy Pelosi sounded a hopeful tone Tuesday about Republicans and Democrats striking an agreement on a staggering stimulus package to blunt the economic damage from the coronavirus pandemic.
“I think there is real optimism that we could get something done in the next few hours,” Pelosi told CNBC’s Jim Cramer in a phone interview on “Squawk on the Street” as Senate Republicans and Democrats moved closer to a deal.
The California Democrat later added that the bill is “getting to a good place ... if they stay there.”
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Democrats had taken particular issue with the potential conditions imposed on ailing corporations that receive aid from a pool of $500 billion in taxpayer money.
Pelosi said Tuesday “things like a $500 billion slush fund are really insulting.” But the speaker said she was encouraged by the Trump administration agreeing to add more oversight to how it doles out the funding pool, which she called a “big change.” Pelosi noted that the proposal would include an inspector general and a congressional panel of five people to oversee the aid.
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