"I am optimistic," Meadows said. "We do share one goal, and that is hopefully to get some kind of deal in the next 48 hours or so."
Over the past 24 hours, negotiations between Pelosi and Treasury Secretary Steven Mnuchin have been positive, he said.
Meadows elaborated that “the negotiations have entered a new phase, which is more on the technical side of trying to get the language right if we can agree on the numbers.”
"Today’s deadline enabled us to see that decisions could be reached and language could be exchanged, demonstrating that both sides are serious about finding a compromise," Pelosi said.
Republicans and Democrats mostly agree that another stimulus measure is necessary to boost the economy following months of pandemic-induced lockdowns and stay-at-home orders. The two sides have disagreed over the size of the bill and what measures to include, including aid to state and local governments, the amount federal unemployment benefits should be, and more.
Sen. Richard Shelby (R-Ala.) also said Tuesday that the White House's proposal was too much, saying, "I'm not optimistic about us doing anything."
However, Trump over the weekend told a local Wisconsin news outlet that he is confident he can get the Senate to vote on a White House-backed deal.
“If a presidentially-supported bill clears the House at some point we’ll bring it to the floor,” Senate Majority Leader Mitch McConnell (R-Ky.) told reporters during a news conference on Tuesday.
It came after Meadows told reporters Monday that the White House had increased its offer.
“We’ve increased our offer up to almost $1.9 trillion,” Meadows told reporters near the White House. “[The president] is willing to give some additional money in terms of direct payments, he’s willing to give some additional money in terms of [small business loans] to restaurants and hotels and small businesses.”