McConnell reportedly warned White House against passing stimulus bill before the election

Clyburn We want a fair shake out of stimulus deal

"I'm optimistic, because even with what Mitch McConnell says, 'We don't want to do it before the election.' But let's keep working so that we can do it after the election", she told MSNBC.

McConnell blasted the Democrats on the Senate floor for demanding "wheelbarrows of cash - out of any proportion to COVID needs - for state and city governments that Democrats have mismanaged for decades".

If negotiations between the White House and the Democratic-majority House of Representatives fail, the next opportunity for negotiations on aid will come during a lame-duck session of Congress in November and December.

"I'm a legislator, they're not necessarily legislators, so I'm trying to impress upon them: if we want to have this by Election Day and I think we can, we have to engineer back from there to this week", Pelosi said. The price tag for a bipartisan package would range somewhere between $1.9 trillion and $2.2 trillion. Earlier in the week, McConnell privately told allies he would bring a stimulus package agreed to between Mnuchin and Pelosi to a vote, according to one person familiar with the remarks, but that he was highly skeptical a deal would materialize.

"She's known for 90 days that liability protection would be part of any deal", he said.

Nancy Pelosi's 48-hour deadline to reach a deal with Republicans on the latest coronavirus stimulus package expires Tuesday as she and Treasury Secretary Steven Mnuchin scramble to wrap up negotiations.

Republicans prefer a more "targeted" approach to help struggling Americans and businesses and will try again Wednesday at passing a $500 billion relief package.

US lawmakers have repeatedly failed to reach an agreement on a second round of economic aid to millions of Americans impacted by the pandemic.

"The American people are sick of the cynical political games Washington politicians are playing with this desperately needed economic relief", Senator Cory Gardner (R-Colorado) said in a statement after the vote, calling it "shameful" that Democrats blocked the bill "because it doesn't include all of their partisan wish list".

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The package included scaled-down enhanced unemployment benefits, more than $100 billion for schools, and additional funds for testing, contact tracing, and vaccine research.

"We thought about $500 billion was appropriate at this juncture", he told reporters.

Senate Minority Leader Chuck Schumer called the Senate votes this week a stunt.

"As the secretary and I say to each other, if we didn't believe we could get this done, why would we even be talking to each other?"

Last Week, Trump tweeted, "Go big or go home", as talks appeared to be on the verge of collapse.

Senate Republicans are resistant to another massive package akin to the $2.2 trillion CARES Act adopted in March.

International Monetary Fund chief economist Gita Gopinath told AFP last week that a United States rescue package of around $2 trillion would boost growth in the world's biggest economy by two percentage points next year, over the 3.1 percent GDP rise now forecast.

The U.S. economy is showing some signs of recovery from the lockdowns instituted earlier this year to contain the spread of the virus.

New unemployment claims jumped last week to more than 890,000, the highest level since mid-August, although continuing unemployment claims dropped to 10 million.

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