Pelosi Statement on Phone Call with Secretary Mnuchin
San Francisco – Speaker Nancy Pelosi issued this statement following a 36-minute phone call with Treasury Secretary Steven Mnuchin this afternoon:
“Today, in a conversation with Secretary Mnuchin, I expressed the concern of Democrats about the serious questions that remain in our negotiations on a coronavirus relief package. Specifically:
- Does the White House think that America’s working families are not worth the investment needed to defeat the virus and the accompanying economic crisis? Or would they rather spend the money another way?
- Economists, the Chairman of the Federal Reserve, and others have urged Congress to invest robustly in the American people now, because interest rates are low and our economy needs certainty. All seem to agree that a dollar spent now is a better dollar than one spent down the road. That is why I am concerned about the Secretary saying, let’s do a little now and a little later. Besides, Mitch McConnell has said that there is only going to be one bill.
- Scientists, researchers and public health experts tell us that robust investments in testing, tracing and treatment are essential in defeating the coronavirus – yet, the White House has refused to support the funding levels that are required. The White House has also demonstrated a defiance of science in its attitude toward approval of vaccines and its contempt for scientific recommendations on social distancing and mask-wearing in order to open up our economy and our schools safely.
“Sadly, this phone call made clear that Democrats and the White House continue to have serious differences understanding the gravity of the situation that America’s working families are facing.
“House and Senate Democrats have repeatedly offered to compromise. Over a month ago, we said that we would be willing to cut a trillion dollars from the Heroes Act if the White House would add one trillion to the Senate bill. Last week, we said we would be willing to go down to $2.2 trillion.
“In our conversation, I reiterated the hope that Republicans will come to the table and work with Democrats to save the lives and livelihoods of the American people.”