Deadline looms for stimulus deal before Election Day with key differences unresolved

House Speaker Nancy Pelosi on Sunday set a Tuesday deadline for her and Treasury Secretary Steven Mnuchin to reconcile significant policy disputes if they want to pass a relief bill before November 3. That time frame brings enormous pressure for a fast breakthrough that will have implications for millions of Americans struggling with the fallout of a still-raging pandemic.

In other words, negotiators essentially have about a day to bridge divides that have existed since the start of these talks -- and despite months of meetings and calls, including several the last week, haven't come close to resolution.The effort between Pelosi and Mnuchin is real. The push for an agreement is real. The array of major things that would have to perfectly -- and quickly -- fall into line for any agreement to actually go anywhere should one be reached is daunting.

Now, given the sheer scale of the possible legislation being considered and drafted right now, and you get a sense of just how much work needs to be done to lock in an actual agreement that can be voted on by lawmakers.The interesting element of Pelosi's deadline is just about everyone involved acknowledged last week no stimulus deal would be signed into law before the election.

The stock market and some corporate earnings serve as a convenient cover for what sits underneath. Immense pain and struggle across the country -- one that lawmakers on both sides acknowledge must be addressed. How it's addressed, however, remains the biggest hurdle to anything actually getting done.Obviously the election in a little more than two weeks looms above everything here and the calculations are complicated.

"I want to do it at a bigger number than she wants. That doesn't mean all the Republicans agree with me, but I think they will in the end," Trump said."If she would go along, I think they would too."

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