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White House pushing for stimulus deal within next 48 hours

The White House is projecting optimism in negotiations with Democrats on stimulus legislation, saying that the goal is to reach an agreement within the next 48 hours.

“I am optimistic. We do share one goal and that is hopefully to get some kind of deal in the next 48 hours or so,” White House chief of staff Mark MeadowsMark Randall MeadowsAlyssa Farah resigns as White House communications director Trump hits Barr over voter fraud remarks: 'He hasn't looked' Trump had tense meeting with Barr after statement DOJ found no widespread election fraud: reports MORE said in an interview on Fox Business on Wednesday morning, discussing ongoing talks with Speaker of the House Nancy PelosiNancy PelosiBiden backs 0B compromise coronavirus stimulus bill US records over 14 million coronavirus cases On The Money: COVID-19 relief picks up steam as McConnell, Pelosi hold talks | Slowing job growth raises fears of double-dip recession | Biden officially announces Brian Deese as top economic adviser MORE (D-Calif.).

Meadows said the discussions had entered a “new phase” as the White House and Democratic negotiators wrangle over language of a potential bill, though he noted that the two sides remain apart on the price tag. Meadows cited state and local assistance as the primary source of disagreement.

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“I can tell you that the negotiations have entered a new phase, which is more on the technical side of trying to get the language right if we can agree upon the numbers,” Meadows said. “We are still apart, still a number of issues to work on, but the last 24 hours have moved the ball down the field.”

Speaking to reporters later Wednesday, White House communications director Alyssa Farah likewise said that officials were optimistic there could be “some movement” on a potential deal within 48 hours.

"The president's position is we're willing to go up on the number for PPP [Paycheck Protection Program] loans and the direct payments,” Farah told reporters at the White House. “Some of the issues still surround state and local and some of the other issues but we're at the table, conversations are happening. I think it's kind of the best place we've been in, so cautious optimism."

Aides had already reported progress following another phone call on stimulus between Pelosi and Treasury Secretary Steven MnuchinSteven Terner MnuchinThe Hill's Morning Report - Presented by Mastercard - Dem leaders back smaller COVID-19 relief bill as pandemic escalates Sweeping financial crimes bill to hitch a ride on defense measure On The Money: Funding bill hits snag as shutdown deadline looms | Pelosi, Schumer endorse 8 billion plan as basis for stimulus talks | Poll: Most Americans support raising taxes on those making at least 0K MORE on Tuesday. The pair have been speaking daily and are expected to talk again on Wednesday.

But the White House could face opposition from Republicans even in the event a deal with Pelosi is reached. Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellBiden backs 0B compromise coronavirus stimulus bill US records over 14 million coronavirus cases On The Money: COVID-19 relief picks up steam as McConnell, Pelosi hold talks | Slowing job growth raises fears of double-dip recession | Biden officially announces Brian Deese as top economic adviser MORE (R-Ky.), who has pushed back on a price tag at or above the White House’s current $1.8 trillion offer, on Tuesday publicly committed to bringing it to a vote on the Senate floor but did not say he would do so before Election Day on Nov. 3.

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McConnell reportedly told GOP senators privately that he had warned the White House against reaching an agreement with Pelosi before the election because it could disrupt the confirmation of Trump’s Supreme Court nominee Amy Coney BarrettAmy Coney BarrettThe Hill's Morning Report - Presented by Mastercard - Dem leaders back smaller COVID-19 relief bill as pandemic escalates Supreme Court sees new requests for religious COVID-19 carve-outs Pompeo to host indoor holiday parties at State Department despite warning to employees to hold some missions virtually MORE.

Meadows, in an exchange with reporters on Wednesday, denied receiving any such warning from McConnell and said he believed there would be adequate votes in the Senate to get a deal approved that Trump could sign.

“The focus on Senate Republicans right now and whether the votes will be there or not is misplaced focus. It needs to be focused on Speaker Pelosi, and is she going to be reasonable,” Meadows told reporters following his Fox interview.

Following a meeting with Senate Republicans on Capitol Hill later Wednesday, Meadows said he remained optimistic but suggested they raised issues with Pelosi’s efforts in the ongoing negotiations.

“I’m still very hopeful and very optimistic that we’re making progress and yet, our Senate Republicans are starting to get to a point where they believe that she is not negotiating in a fair and equitable manner,” Meadows told reporters.

Trump has similarly dismissed discord within his party over a comprehensive stimulus package. He has pushed for a large bill after abruptly stating he would walk away from negotiations until after the election earlier this month.

"It’s very simple. I want to do it even bigger than the Democrats," Trump said on "Fox & Friends" on Tuesday. "Now, not every Republican agrees with me, but they will. But I want to do it even bigger than the Democrats, because this is money going to people that did not deserve what happened to them coming out of China.”

Updated 3:36 p.m.