Stimulus negotiations latest: Hopes for a deal seem dim

By Lauren Fox, CNN

Updated 8:44 AM EDT, Fri October 23, 2020


Washington(CNN)The week started with a self-imposed deadline, and it appears it will end without a stimulus deal.

After fits and starts, the negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin, the White House's chief negotiator, have hit another roadblock with aides behind the scenes telling CNN that while the prospects for a deal Monday were always slim, they are growing harder to imagine now.

Bottom Line: The chances of passing a stimulus bill out of the House before the November 3 Election Day drop to virtually zero if a real, substantive deal doesn't come together by Friday night and isn't in writing by the weekend. And there are absolutely no indications that the legislative work that needs to happen to make this real is happening.