Pelosi suggests coronavirus stimulus deal is near, but timing unsure

Speaker Nancy PelosiNancy PelosiMeadows resigns from Congress, heads to White House Pelosi floats undoing SALT deduction cap in next coronavirus bill Overnight Health Care: More states order residents to stay at home | Trump looks to sell public on coronavirus response | Judges block Ohio, Texas abortion bans | Dems eye infrastructure in next relief bill MORE (D-Calif.) on Tuesday signaled that a deal on the third coronavirus stimulus package initially drafted by Senate Republicans is imminent, praising Senate Minority Leader Charles SchumerCharles (Chuck) Ellis SchumerJoe Biden can't lead the charge from his home in Delaware Texas man arrested for allegedly threatening Democrats over coronavirus bill Pelosi not invited by Trump to White House coronavirus relief bill's signing MORE (D-N.Y.) and Senate Democrats for their work in negotiations.

"I'm optimistic that we can get something done. I've praised Chuck and Senate Democrats for staying strong," Pelosi told MSNBC's Andrea Mitchell.

"We've been working together in terms of the policy issues there, great progress has been made," she continued.

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When asked by Mitchell if she believed that the massive bill could be passed on Tuesday, Pelosi replied: "I think so. Yeah, I do."

Schumer also hinted that the two sides were close to a deal earlier in the day.  He said from the Senate floor that negotiations were in the "red zone" and that lawmakers were on the "2-yard line."

Senate Republicans sent their $1 trillion package to Democrats late Thursday night and negotiations began on Friday. Since, the parties have been locked in deliberations, going late into Saturday night without a deal. 

Late Monday, Schumer and Treasury Secretary Steven MnuchinSteven Terner MnuchinUS extends waivers on Iran sanctions amid coronavirus pandemic On The Money: Democrats eye infrastructure in next coronavirus package | Mnuchin touts online system to speed up relief checks | Stocks jump despite more stay-at-home orders Schumer praises choice of Defense inspector general to oversee corporate lending fund MORE said that they expected passage of the bill on Tuesday.

The revised bill, which is estimated to cost $2 trillion, would provide hundreds of billions of dollars to small business and impacted industries, such as airlines. The bill would also give direct payments to Americans and includes some income caps.