@SpeakerPelosi and Washington’s Most Eager Man, @stevenmnuchin1, are likely to speak about Covid relief this afternoon -- the 90th day since talks between the administration and PELOSI began back in July.
2 THINGS ARE HAPPENING RIGHT NOW: Rs on Capitol Hill are worried that @MNUCHIN and @realDonaldTrump will throw aside their concerns and agree to a $2 trillion-plus deal.
DEMOCRATS are wondering if the White House even wants a deal -- especially after MNUCHIN went on television last week and said he would accept the Democrats’ testing plan, but later struck 55% of what PELOSI had drawn up.
Also unsolved: a child tax credit, child care funding, census policies, unemployment benefits, state and local funding -- and more. Tuesday is the deadline, before negotiators start turning their focus to crafting a lame-duck deal.
WE ARE STILL SKEPTICAL they will reach a deal by Tuesday, although it’s certainly not impossible. And if they do, that would mean calling the House back this week -- Thursday, Friday or, yes, Saturday.
The Senate will need at least a week to process this -- if they decide to take it up at all. That pushes the schedule up against election week -- not to mention that Senate Republicans are not in favor of the outlines of this bill.
MARKETS are optimistic about the prospects of this process, perhaps because PELOSI said she was optimistic in her letter to Democrats. SHH, IT’S A SECRET: PELOSI frequently says she’s optimistic.
MEANWHILE, @senatemajldr is going to speak on the floor this afternoon, and is expected to tee up votes Tuesday on the Paycheck Protection Program and Wednesday on the rest of a $500-billion stimulus bill. Democrats are expected to block this, and it will almost certainly fail.
TRUMP thinks Rs will pass a package “I think Nancy Pelosi maybe is coming along.…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 if she would go along, I think they would too, on stimulus"
BUT THE EVIDENCE suggests Republicans are moving in the other direction -- finding it advantageous to dump TRUMP and distance themselves from him. First was Sen. BEN SASSE (R-Neb.). AND NOW IT’S Sen. JOHN CORNYN (R-Texas) …
Playbook this AM — a thread about status of COVID talks
TODAY -- the 91st day since Covid relief talks began -- is the day we will find out whether Congress will attempt to pass a stimulus bill before Election Day, which is TWO WEEKS from today.
@SpeakerPelosi and Washington’s Most Eager Man, @stevenmnuchin1 -- in Tel Aviv as of publication time -- will decide today if their differences are bridgeable. Or, as most Rs are whispering behind MNUCHIN’S back, we will find out how much MNUCHIN will cave to PELOSI to get a deal
THE PAIR SPOKE for an hour Monday afternoon, with MNUCHIN speaking from the Middle East. Both sides say they believe they have narrowed their differences -- but the two sides walked away with different impressions of how close they are to a deal.
HOUSE DEMOCRATS have a 2 p.m. caucus call, and Treasury Secretary STEVEN MNUCHIN and Speaker NANCY PELOSI will speak at 3 p.m. about Covid relief negotiations. …
-- STILL AT ISSUE: state and local money (Republicans are at $300 billion, and Democrats are asking for $436 billion) … child care money … the earned income tax credit … health care provisions.
-- THE APPROPRIATIONS COMMITTEES in the House and Senate are now holding bipartisan staff-level conversations about drafting a Covid relief bill -- this is just the beginning of what could be a long and arduous process.
@SpeakerPelosi and Washington’s Most Eager Man, @stevenmnuchin1, will talk this evening at 7:30 p.m. about stimulus negotiations. It’s Oct. 17, 17 DAYS before Election Day, so we’re really late in the game here.
@SpeakerPelosi@stevenmnuchin1 MNUCHIN is leading a delegation to Israel, Bahrain and the UAE that leaves today and runs through Tuesday, so read into that as you may. (Yes, there are phones -- we get it -- but he’ll clearly have his hands full elsewhere.)
@SpeakerPelosi@stevenmnuchin1 THE TWO SIDES spent Friday on staff work -- PELOSI and MNUCHIN didn’t speak. But, as should be no surprise if you follow this space, MNUCHIN’S team did not “agree” to PELOSI’S testing plan, as he said on CNBC earlier this week.
Playbook this AM: Is Covid relief ever going to happen?
Washington’s Most Eager Man @stevenmnuchin1 said yesterday that getting a Covid deal before the election is going to be tough.
I agree
There are lots of real-world implications that @JStein_WaPo does a good job laying out
@stevenmnuchin1@JStein_WaPo BUT THERE’S SOMETHING that’s not getting nearly enough attention: It seems completely plausible that Covid relief not only will be delayed for now, but could be delayed for several months, and could even slip into late in the first quarter of 2021.
@stevenmnuchin1@JStein_WaPo LET’S explore that. FOR ARGUMENT’S SAKE, let’s assume the Democrats definitely keep control of the House -- as everyone is predicting.
Let’s just acknowledge the W.H. doesnt want a lame-duck covid bill. They often don’t know what they want
— TRANSPORTATION SECRETARY: @ericgarcetti (This would be a big job in an administration that will certainly push for big infrastructure spending in the first quarter of 2021.)
Trump appears to be living in lala land — as stated on @MariaBartiromo’s fox news show — as he said @SpeakerPelosi is the obstacle to a deal Bc she won’t sign some document. (I have idea what he’s talking about)