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House Speaker Nancy Pelosi spit out a blistering rebuke of Republicans over negotiations on the next coronavirus stimulus bill.
The California Democrat’s hateful rhetoric on the priorities of Republicans working out differences in the stimulus package momentarily shocked CNBC’s Jim Cramer who was asking her about finding common ground in getting help to the “disenfranchised.”
Can’t you find common ground with the GOP on doing something for minorities and the disenfranchised? @MadMoneyOnCNBC‘s @JimCramer asks.
“Perhaps you mistook them for somebody who gives a damn for what you just described?” House Speaker Nancy Pelosi says. https://t.co/RbVuuUTDhx pic.twitter.com/pGOo20SBPR
— CNBC (@CNBC) August 6, 2020
Democrats and Republicans seem miles apart from any consensus on a coronavirus relief agreement, despite language on both sides of the aisle vowing that help is coming for Americans who are barely hanging on after months of economic strain due to the coronavirus pandemic.
Disputes among lawmakers continue over unemployment insurance, relief funding for city and local governments as well as schools. White House chief of staff Mark Meadows told reporters on Thursday that the Trump administration and Democrats remain “trillions of dollars apart.”
“At this point we’re either going to get serious about negotiating and get an agreement in principle or — I’ve become extremely doubtful that we’ll be able to make a deal if it goes well beyond Friday,” he said.
Republican Senate Majority Leader Mitch McConnell told CNBC on Thursday that “Exactly when that deal comes together I can’t tell you, but I think it will at some point in the near future.”
A short time later, Pelosi reiterated on CNBC that an agreement would be reached soon. The Democrat leader, along with Senate Minority Leader Chuck Schumer, has had meetings with Meadows and Treasury Secretary Steven Mnuchin, touting progress being made.
“Will we find a solution? We will,” Pelosi told “Mad Money” host Jim Cramer on Thursday. “Will we have an agreement? We will.”
But Cramer pressed her about tensions and disagreements that have slowed the passage of yet another emergency relief package.
“Why can’t you go across the aisle and say, Rep. Lewis, civil rights legend, would have loved it if we could do something for the totally disenfranchised in this country. Can we give a huge chunk of money to the people who are disenfranchised, to the minorities who want so badly to stay in business and can’t? And the people who are trying to go to college or who have student loans who are minorities, who are the most affected because they have the least chance in our country? That’s gotta be something that both sides can agreed to,” the CNBC host asked.
Pelosi’s acerbic response caught him off guard.
“Perhaps you mistook them for somebody who gives a damn, for what you just described,” she said.
“Oh, geez,” Cramer could be heard reacting off-camera.
“That’s the problem,” Pelosi doubled down. “See the thing is, they don’t believe in governance. And that requires some acts of governance to do that.”
She went to note that what Cramer had described was just what Schumer was proposing.
“You described Chuck Schumer’s proposal exactly,” she laughed, going on to tout some of the ideas Democrats are pushing to get money into the hands of those “who need it the most” in an effort provide a “stabilization” of the economy.
She also noted proposals to help the devastated hospitality industry by providing a lower threshold to qualify for a second loan, leading to “many jobs, many entry-level jobs, many union jobs, many people-of-color jobs.”
Viewers slammed Pelosi for her CNBC comments and gave Cramer an earful as well for not pushing back against the rhetoric.
@SpeakerPelosi : After erroneously telling people to go to Chinatown during the start of COVID, you then show off your fancy dual mega-fridges, and designer ice cream!
The American people see what party doesn’t give “a damn!”#LetTheEatIceCreamNancy
— David Roe (@dgroe17) August 6, 2020
@jimcramer how do you allow Pelosi to say Republicans don’t give a damn.Your silence appears that you agree with her. I hope not. Pelosi is the Queen of spin. Why would anyone who is currently out of work go back after making the equivalent $100k on stimulus.
— matty-ice (@matt68113580) August 6, 2020
Posturing aside, it certainly appears that Speaker Pelosi has no appetite to find some pragmatic common ground. No clearer example of govt dysfunction. “Give a damn” comment deserved strong interviewer pushback.
— Brian Brady (@bbirish74) August 6, 2020
Jim why do you consistently allow Speaker Pelosi to come on the air and say horrible untrue things about Republicans? Today’s gems were inferring that Senator McConnell allowed people to die, and Republicans don’t give a damn, with zero pushback from you.
— Brian (@Brian30142154) August 6, 2020
Damn, what a pathetic old lady.
— Chris Paul (@imyourmoderator) August 6, 2020
Democrats holding up aide to citizens. Again.
— Tj Costa (@TJSin2Costa) August 6, 2020
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Originally from New York, Powers graduated from New York University and eventually made her way to sunny South Florida where she has been writing for the BizPacReview team since 2015.
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