The Republican version of the economic stimulus plan, launched by U.S. Treasury Secretary manuchin on September 30, contains $1.6 trillion. Democrats see the plan as incomplete..
Pelosi, speaker of the house of Representatives and Democrat, said on the 1st that her talks with mnuchin are still going on, hoping that the two sides can reach a consensus, but at present, the two sides still have differences on a number of key issues.
US media quoted analysis as saying that if the two parties fail to reach an agreement on a new round of economic stimulus plan in the near future, it may lead to another economic downturn in the fourth quarter of the United States. (end)