If this shows movement in the standoff over Phase 4 COVID-19 relief, it’s only enough to make snails feel better about their average speed. Nancy Pelosi’s latest bid on the stalled talks is almost a laughable proposition, given what leverage she still has in these talks. With Pelosi having last suggested a $2.5 trillion plan for relief stocked with massive bloc grants to state and local governments, the bipartisan House Problem Solvers caucus came up with a $1.5 trillion compromise that neatly split the differences between the Senate Republican plan and Pelosi’s last offer.
The White House, which would like to get stimulus checks out the door before the election or find a way to blame Pelosi for blocking them, almost immediately endorsed the Problem Solvers’ proposal, at least in broad strokes. With her members champing at the bit to get out of Washington, pressure has piled up on Pelosi to move off her last position. And so she did.