Stimulus negotiations begin in DC today

  • Thread starter Thread starter RidgeSprinter
  • Start date Start date
Status
Not open for further replies.
R

RidgeSprinter

Guest
The Trump administration has been engaged in discussions on the next stimulus bill for the past week, but negotiations will start “in earnest” today on Capitol Hill, the White House said.

Where Republicans stand: GOP senators CNN has spoken to say the plan is to present the pieces of the GOP proposal at the closed-door Senate GOP policy lunch. The proposal itself would be released publicly sometime midweek.

Senate Majority Leader Mitch McConnell has stuck to a simple framing for the forthcoming GOP proposal for weeks: it’s about jobs, kids and health care. It’s messaging, sure, but it also encapsulates the stated approach for each of the committee chairs who drafted pieces of the bill.

What the Democrats want: Democrats already have their proposal on the table — the $3 trillion House-passed measure known as the Heroes Act. Senate Minority Leader Chuck Schumer has made clear that’s what Democrats will be fighting for in the negotiations — and that any talks must include House Democrats.

As one Democratic senator told me this weekend: “The onus is on them. We’ve been clear about where we are and how crucial it is that this be taken seriously for months. We’re here and have been her. It’s time for them to get in the game.”

Remember: The time window is tight, but get ready for a slog. Democrats and Republicans are far apart on central details, but the impetus to get something done, while not unanimous as it largely was in March, is still quite palpable. But the road between now and Trump signing something into law is filled with hurdles, road blocks and potential pitfalls.

House Speaker Nancy Pelosi said last week she is “absolutely” willing to delay the August congressional recess for Covid-19 aid package negotiations.
 
Last edited:
Update:

US Treasury Secretary says phase four stimulus package will start at $1 trillion dollars​

Treasury Secretary Steve Mnuchin said the Trump administration hopes to pass a phase four stimulus package before the end of the month, and said that negotiations for the package will start with “another trillion dollars.”

Mnuchin said the focus of this package will be “kids and jobs and vaccines," echoing Senate Majority Leader Mitch McConnell’s repeated framing of the forthcoming Republican proposal. Mnuchin also claimed there will be a vaccine before the end of the year for emergency use.

Mnuchin said they want to tweak the enhanced unemployment insurance so they “don’t pay people more money to stay home than go to work.”

He also said the new package will have “tax credits that incentivize business to bring people back to work. We’ll have tax credits for PPE for safe work environments, and we’re going to have big incentives, money to the states, for education for schools that can open safely and do education.”

Mnuchin added that the administration wants liability protection in the new package.
 
Status
Not open for further replies.
Back
Top