BREAKING: Pelosi says “no deal” on coronavirus rescue package, will introduce own deal

Per Josh Lederman of NBC News:

BREAKING: Pelosi says there is still *no deal* on coronavirus rescue package.

“We’ll be introducing our own bill,” Pelosi says

NBC reports top Democrats said Sunday they’re not yet ready to sign off on the major coronavirus stimulus package — and will be preparing their own legislation — as Congress attempts to ready the bill for passage as soon as Monday.

Just before an 11 a.m. meeting between the top Republican and Democratic congressional leaders, as well as Treasury Secretary Steven Mnuchin, House Speaker Nancy Pelosi, D-Calif., told reporters that “from my standpoint, we are apart.”

Senate Minority Leader Chuck Schumer, D-N.Y., told reporters ahead of the meeting that “we need a bill that puts workers first, not corporations,” and declined to say whether he supports the current bill.

Leaving Sunday’s meeting, Pelosi said that she will introduce her own legislative package but that “we are still talking” with Republican leaders. She said that at this point, however, there is no bipartisan deal.

The meeting came hours before a critical procedural vote on the Phase III bill, the text of which has not yet been released. Senate Majority Leader Mitch McConnell, R-Ky., delayed the vote from 3 p.m. to 6 p.m. ET on Sunday to give congressional leaders more time to hammer out the details.

Just before Sunday morning’s meeting, Democrats revealed what they are still opposed to in the stimulus package. According to a person familiar with the negotiations, Democrats say the language would allow for corporations to keep bailout money while still firing workers, that the bailout money would have virtually no restraints and that there are very weak stock buyback restrictions.

A senior Democratic aide told NBC News that Democrats are concerned that the bill lacks specific provisions to protect people from evictions, foreclosure or forbearance and that it would allow for only three months of unemployment insurance.