Home GLOBAL NEWS McConnell believes Dems, GOP will reach virus relief deal ‘in the near future’

McConnell believes Dems, GOP will reach virus relief deal ‘in the near future’

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McConnell believes Dems, GOP will reach virus relief deal ‘in the near future’

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Senate Majority Leader Mitch McConnell, R-Ky., speaks during a news conference after the Senate Republican luncheon in the Hart Building in Washington on Tuesday, Aug. 4, 2020.

Caroline Brehman | CQ-Roll Call, Inc. | Getty Images

Senate Majority Leader Mitch McConnell would not say Thursday when he expects Congress to strike a deal on a fifth coronavirus relief package, but said both Democrats and many Republicans have a “desire” to boost an economy and health-care system ravaged by the pandemic.

“Exactly when that deal comes together I can’t tell you, but I think it will at some point in the near future,” the Kentucky Republican told CNBC’s “Squawk on the Street.”

Negotiators have struggled to craft an aid bill that could pass both chambers of Congress as Democrats and Republicans struggle to hash out a bevy of differences. The sides have disputes over how to extend extra federal unemployment insurance, continue a moratorium on evictions from federally-backed housing, help schools educate students safely and offer relief to cash-strapped state and local governments. 

House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer have repeatedly cited progress after a series of meetings with Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows. The four officials plan to meet again at 5 p.m. ET on Thursday, NBC News reported. 

On Wednesday, Meadows said the sides “continue to be trillions of dollars apart.” Last week, the GOP proposed a roughly $1 trillion relief plan. Republicans took a more narrow approach than Democrats, who passed a $3 trillion package in May. 

Speaking to CNBC, McConnell said, “The argument is over how much [aid] is appropriate at this particular juncture.”

McConnell has previously said he is “prepared to support” whatever deal Democrats and the Trump administration strike, even if he does not like parts of it. 

This story is developing. Please check back for updates. 

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