In the last 24 hours, I’ve spoken to lots of sources on the Hill and in the White House and I’ve become convinced that Washington’s response to coronavirus is going to be a massive massive story.
We explored some of this in playbook Pm.
The impacts haven’t fully been realized yet but if you look to Europe, you see major airlines canceling huge numbers of flights — perhaps what we should be expecting.
The impacts haven’t fully been realized yet but if you look to Europe, you see major airlines canceling huge numbers of flights — perhaps what we should be expecting.
Here’s what Washington has done. The supplemental bill, SBA loans.
Pence told Dems that the White House has authority under TANF to help people out of work. White House is floating airline tax breaks.
There’s widespread recognition that there will need to be MORE spending bills, more spending measures and more economic stimulus measures in coming months. What they will look like is unclear.
WH is now floating airline tax waivers. But there are all sorts of taxes airlines pay — even foreign carriers. our sources believe that if airline taxes are waived, the govt will have to waive passenger taxes too. And if ppl believe they’ll get sick from flying, they won’t fly!
