How Many Trillions? Republicans Clash Over Coronavirus Relief Package Price

Senate Majority Leader Mitch Mc Connell of Ky. listens as President Donald Trump speaks during a meeting in the Oval Office of the White House Monday

Additionally, the agreement consists of funds for screening- a significant sticking point in between White House arbitrators and their Senate GOP equivalents.

After meeting behind closed doors for over an hour with Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows, several GOP senators reported they were making progress on the provisions, including $25 billion for states for testing and tracing that the administration had initially opposed.

"It's probably a logistical problem as much as anything else, but yeah, it's a concern", said Republican. Sen. And any extension would require votes from Democrats, who want the entire program renewed.

A compromise reached with the White House on Wednesday saw GOP senators receive assurances of $16 billion in new funding from the administration, according to Sen.

Republicans have yet to formally release a GOP legislative proposal for the next stimulus, but they are expected to do so soon. Rand Paul (R-Ky.) compared his Senate Republican colleagues to a meeting of the "Bernie bros".

"It is the Trump virus", Pelosi said Tuesday. Only a handful of Senate Republicans - including Lindsey Graham of SC and Steve Daines of Montana - have endorsed the payroll tax cut as a sound policy.

While Mnuchin said on Tuesday that they're expecting a new stimulus deal by the end of July, some see a deal unlikely to be reached before the benefits lapse.

"I'm not a fan of that", said Thune, his party's second-ranking senator.

A key holdup remains President Donald Trump's push for a payroll tax cut, according to a Republican granted anonymity to discuss the private talks. Trump had wanted to limit federal funding for coronavirus testing found in the new Republican coronavirus stimulus bill being hashed out in the Senate.

He did not mention a payroll tax cut as being part of the package.

Senate GOP staffers were reportedly briefed Wednesday afternoon on the proposal, which is expected to include a two-month extension of an as-yet-unspecified flat unemployment insurance payment.

Pressure is mounting as the virus outbreak deepens, and a $600 weekly unemployment boost and a federal eviction moratorium come to an end starting Friday. Some GOP lawmakers have floated lowering the supplement to $200 or $400. "Florida taxpayers are not going to pay for New York's expenses", he said.

"I don't have a red line", the Maryland Democrat said.

"I think it gets complicated to try and do both, for sure, because you've got a limited amount of head room that you're trying to work with here", said Sen.

"We want another round of direct payments - direct payments to help American families keep driving our national comeback", McConnell said at a press briefing on the Senate floor, according to Forbes.

Senate Majority Leader Mitch McConnell is set to unveil a $1 trillion COVID-19 rescue package on Thursday, pushing past a Republican revolt over big spending and differences with the White House as the virus crisis worsens.

The administration also had opposed billions more for the Pentagon and State Department to counter the pandemic at home and overseas and help fund industrial production and other needs.

Republicans propose giving $105 billion to help schools reopen and $15 billion for child care centers to create safe environments for youngsters during the pandemic.

But now, after days of negotiations, one Republican aide told CNN on Wednesday that they were growing more confident that the White House had realized they would not be able to win a fight about testing.

A senior administration official, granted anonymity to describe the White House's internal thinking, said the requests for more testing money were unnecessary, because almost $13 billion of the $25 billion already approved by lawmakers had not been spent.