Nancy Piglosi blasts the White House's $1.6 trillion stimulus plan, saying it's not even 'half a loaf'

Pelosi blasted the White House's $1.6 trillion spending plan and said it wasn't even "half a loaf."
"What they're offering is the heel of the loaf," Pelosi said in a Bloomberg TV interview.
The hefty price tag from the White House could be a gamble, given many Senate Republicans oppose spending large sums of federal money that could swell the national debt.

House Speaker Nancy Pelosi tore into the White House's $1.6 trillion stimulus package, saying it doesn't do enough to address the twin economic and public health crises stemming from the pandemic.

"This isn't half a loaf. What they're offering is the heel of the loaf," Pelosi said in a Bloomberg TV interview. "It's no use going into a negotiation just saying you'll take the path of least resistance."

The California Democrat brought up a new area of contention between Democrats and the Trump administration: the child tax credit, which reduces the taxes owed by families with kids 17 and under. House Democrats are seeking to give people with children the option of receiving a modest monthly federal payment regardless of income.

Pelosi told Bloomberg the White House excluded all funding for the credit, which 40 million families claim every year.

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