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Negotiators close on a nearly $2 trillion virus aid package

(AP) — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday.

Treasury Secretary Steven Mnuchin and Senate Democratic leader Chuck Schumer said they had spoken by phone with President Donald Trump during the long night of negotiations. While the two sides have resolved many issues in the sweeping package, some remain.

At midnight Monday, they emerged separately to say talks would continue into the night.

“We look forward to having a deal tomorrow,” Mnuchin told reporters after exiting Schumer’s office.

“The president is giving us direction,” Mnuhcin said. “The president would like to have a deal, and he’s hopeful we can conclude this.”

Moments later, Schumer agreed that a deal was almost within reach. “That’s the expectation — that we finish it tomorrow and hopefully vote on it tomorrow evening,” he said.

The long evening of shuttle negotiations came after a long day trying to close the deal. The massive package is a far-reaching effort to prop up the U.S. economy, help American households and bolster the health care system amid the growing crisis. Mnuchin said talks were expected to resume at 9:30 a.m. EDT.

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