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McConnell Says Any Deal on Stimulus Unlikely Before Election

  • Senate GOP leader says ‘vast’ differences remain on relief
  • Pelosi, Mnuchin continuing negotiations with no breakthrough
Bloomberg business news
White House Increases Stimulus Offer to $1.8 Trillion

Senate Majority Leader Mitch McConnell said the differences are likely too big and the time is too short for Congress to agree on a new comprehensive stimulus package before the election, despite President Donald Trump’s renewed interest in striking a deal.

“I believe that we do need another rescue package, but the proximity to the elections and the differences of opinion about what is needed are pretty vast,” McConnell said at an event in his home state of Kentucky.