UPDATE: Some senior Dems are looking at lowering threshold on stimulus payments so they start phasing out above $50K for single taxpayers; $75K for heads of households; & $100K for married couples

Stressing here: Talks fluid, conversations are ongoing

Confirmed these cutoffs are being seriously explored w/ 3rd senior Dem

GOP & some centrist Dems have said checks proposal gives $ to those who dont need

Others say lower limits mean millions who need relief w/ current year income shocks would miss out

John Friedman: "Targeting stimulus payments to [poorer] households would ... better support households most in need"

@MattBruenig: “This is ... the illusion of targeting ...[and] will end up hurting tens of millions of people who are currently in need but weren’t in 2019.”

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More from @JStein_WaPo

24 Dec 20
Quick Christmas Eve twitter post:

There is a policy analyst and a Congressional aide who have been *relentlessly* flirting On Here for at least 6 months

They are both terrific & I hope the holiday season spurs 1 of them to finally ask the other out

They'd make a good couple
DM'ing me for names is not going to work sorry!
OK multiple people have guessed incorrectly so if this is about you don't worry
Read 4 tweets
17 Dec 20
Latest we expect on checks, *as of now*, per aides:

-- $600 per adult; $600 per kid
-- No family cap
-- Adult dependents DO qualify, unlike Cares
-- Same phase-out as Cares (diminishes +$75K, ends +$99K)
-- Incorporates Rubio mixed status family bill

Also key:

Aides now expect unemployment boost to go *10 weeks*

That's down from 16 in Romney-Manchin, and 12 in our previous reporting

Wall Street Journal has also reported 10 weeks -- but this has been a fast-moving target/changing rapidly throughout

*IF* this ends up being right -- For a family of 4 with 2 unemployment parents, that would mean adding $2,400 in checks ($600 x 4) but losing $3,600 in UI ($300 x 6 x 2) -- down $1,200 from Romney-Manchin

Of course, more ppl get checks than UI
Read 4 tweets
9 Dec 20
I pressed @stevenmnuchin1 today on the White House decision to offer a $600 check per person but no robust unemployment benefits in their proposal

Mnuchin said: "This will have the impact of creating demand, which will have the impact of creating jobs."

.@ENPancotti estimates the difference between the bipartisan Senate plan & the Mnuchin plan would be as large as $10,000 per person

20.2 million Americans unemployed

A senior Treasury official also said that Democrats and Sen. Bernie Sanders (I-Vt.) support stimulus checks' inclusion in the relief package. These Democrats support including both checks and robust federal UI
Read 4 tweets
9 Dec 20
🚨🚨🚨White House proposes dramatically cutting federal unemployment benefits as agreed to by bipartisan Senate group, in potentially huge blow to relief talks

Mnuchin pitches $0 in federal UI benefit for jobless in exchange for one-time check of $600

Offer takes the bipartisan Senate group's $180 billion in proposed UI benefits down to $40 billion. It would extend some federal unemployment programs but crucial UI supplemental benefits would be at $0. Trump unilaterally approved $300/week this summer

This is an obvious nonstarter among Dems and a bad sign for negotiations overall.

In July, Trump said he supported extending UI benefits: "We're going to take care of the people." WH now proposing $0 in supplemental UI benefits for tens of millions

Read 4 tweets
2 Nov 20
After election, US faces “dark winter”:

— Enormous unemployment programs 4 millions to expire
— Protections 4 renters, student borrowers end
— ACA at Supreme Court
— Gov shutdown Dec 11
— 40% restaurants, 66% hotels face closure
— 1M travel jobs at risk

These deadlines likely coincide with a spike in Covid cases *and* while Washington may be paralyzed

Some former senior WH officials predicted Trump will lose interest in a post-election stimulus — tho he has said he will seek one after GOP wins House

Hunger already up dramatically. 30-40 million face eviction. 80K bus drivers furloughed. Retailers under siege. Huge layoffs in oil & gas. Public transit face major cuts.

*90%* of $2.7T in Covid aid has been disbursed or committed, per @MarcGoldwein

Read 5 tweets
12 Sep 20
Tfw your request has been denied Image
Extremely strange to come across this in between Eric Andre episodes
Read 4 tweets

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