(Bloomberg) — Nancy Pelosi and Donald Trump are putting down opposing wagers on where the economy is headed and who voters will blame if it goes south.
The two sides are at least $1 trillion apart on another package of relief the U.S. economy needs to overcome the ravages of a pandemic that continues to force companies, schools and other organizations to roll back plans to reopen for business.
Pelosi, the House speaker, on Wednesday rebuffed an overture from Treasury Secretary Steven Mnuchin to resume negotiations, saying the White House refused to budge on the size of the relief plan. Mnuchin said it was Pelosi who refused to compromise.
Photographer: Stefani Reynolds/Bloomberg
Some of the pressure was taken off the White House to make concessions, with the stock market rallying this week even after talks