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Biden backs $900B compromise coronavirus stimulus bill

President-elect Joe BidenJoe Biden28 Senate Democrats sign statement urging Israel-Hamas ceasefire Franklin Graham says Trump comeback would 'be a very tough thing to do' Schools face new pressures to reopen for in-person learning MORE on Thursday described the $900 billion congressional stimulus proposal as a “good start” and said he believed Congress should pass it.

“That would be a good start. It’s not enough,” Biden said during a Thursday interview with CNN host Jake TapperJacob (Jake) Paul TapperFauci says school should be open 'full blast' five days a week in the fall Clyburn says he's willing to compromise on qualified immunity in policing bill GOP divided over expected Cheney ouster MORE.

“I think it should be passed,” Biden continued. “I’m going to ask for more … when we get there to get things done.”

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Congressional leaders have failed to reach an agreement on another round of stimulus after months of negotiations with the White House.

A bipartisan group of lawmakers earlier this week unveiled a $908 billion compromise bill amid increasing pressure on Congress to pass a stimulus package to help businesses and American workers affected by the coronavirus-induced economic recession.

The measure is lower than the $2.2 trillion proposal embraced by House Democrats and higher than the $500 billion measure backed by Senate Republicans.

Negotiations picked up steam on Thursday as Speaker Nancy PelosiNancy Pelosi28 Senate Democrats sign statement urging Israel-Hamas ceasefire Lawmakers bicker over how to go after tax cheats House Republican: 'Absolutely bogus' for GOP to downplay Jan. 6 MORE (D-Calif.) and Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellBipartisanship has become a partisan weapon Washington showing signs of normalcy after year of restrictions Former OMB pick Neera Tanden to serve as senior adviser to Biden MORE (R-Ky.) held talks about reaching a deal.

Trump also signaled Thursday that he would sign a coronavirus relief deal if Congress could pass one by year’s end.

"I want it to happen, and I believe they're getting very close to a deal," Trump told reporters in the Oval Office after awarding the Presidential Medal of Freedom to former football coach Lou Holtz.

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Biden has called on Congress to pass a relief measure during the lame-duck session, but acknowledged it would likely fall short of the amount needed to help prop up the ailing economy amid the pandemic, which is surging across the country.

During an event where he unveiled his economic team on Tuesday, Biden said that "any package passed in lame-duck session is — at best — just a start."

Biden on Thursday said that lawmakers should pass a deal that provides immediate assistance in the form of unemployment assistance and mortgage payment and rent relief.