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6 Mar, 8 tweets, 2 min read
Hello everybody. It is a little after midnight. The Senate is currently voting on a plan to cut unemployment benefits so they end July 18. It will pass. However, in a few hours they will take a separate vote to have unemployment benefits end Sept. 6 instead.
Could be sooner than a few hours! But not sure how much sooner
A very tired-sounding Sen. Sherrod Brown (D-Ohio) announces the Portman amendment fails, realizes his mistake and then says it has in fact passed 50-49
Yes a cut relative to the House bill/Biden plan but an extension overall thank you @ChrisHartline
Senator Susan Collins (R-Me.) proposes an amendment that would replace the $1.9T Biden bill w/ a $650B package, reduce size of stimulus checks & other provisions. Her office sends over the summary below.

Sanders (I-Vt.) rose to oppose; Dems voting against now
Brown announces (correctly this time) that the Collins amendment has failed
Sen. Tim Scott (R-S.C.) now proposing an amendment reviving his effort for transparency/investigations into nursing home deaths. Wyden (D-Ore.) opposing, saying Biden's plan helps nursing homes w/ extra money
Scott plan fails

Sen. Ron Wyden (D-Ore.) then proposes widely reported Dem-Manchin plan to extend UI thru Sept. 6 and include tax relief on UI benefits

Sen. Rob Portman (R-Ohio) responds Senate should instead go with the plan it approved "about an hour and a half ago"

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Jeff Stein Profile picture
6 Mar
Some hopefully helpful updates on how UI forgiveness plan works:

-- Applies to UI benefits in 2020; 21 doesn't count
-- You can file amended return if you've already filed
-- The $150K cut-off is *across filing types* - singles/HOH/joint
-- Cost ~$25B

Plz keep your qs coming
My understanding for the many people asking this question is that you can still file an amended return
Thanks to @ENPancotti for answering this one
Read 4 tweets
Jeff Stein Profile picture
6 Mar
Dem aide trumpets agreement "ACCEPTED BY MANCHIN" (caps mine) to approve UI through Sept. 6 at $300/week. Includes tax forgiveness on $10K in UI below $150K annula income

Biden's initial plan: UI at $400 through end of September
Here's how UI unfolded -->

1/ Biden: $400/week through Sept

2/ House Ds: $400/week through August

3/ Senate Deal 1 (early today): $300/week through Sept. + up to $10K in tax forgiveness

4/ Senate Deal 2 w/ Manchin (just now): $300/week thru Sept. 6, + ~$10K tax forgiveness
Senate Finance Chair Wyden disappointed UI drop to $300, praises extension to first week of Sept -- rather than expiration in August w/ Congress out of session

"Having a cliff in August is a prescription for chaos. Our priority was avoiding that; we have been able to do that"
Read 4 tweets
Jeff Stein Profile picture
3 Mar
NEW: Biden-Senate compromise on curtailing stimulus payments results in ~12 million fewer adults & ~5 million fewer children receiving benefit, per @iteptweets analysis

~280 million overall still eligible for payments, ITEP says

washingtonpost.com/business/2021/…
Progressives blowback vs Biden-Senate D plan limiting eligibility on $1,400 checks

@AOC: "I dont understand the political or economic wisdom in allowing Trump to give more people relief checks than a Democratic administration. People went far too long without relief last year...
....if anything we should be more generous, not more stingy. It’s also an insensitive compromise for the roughly 80% of Americans that live in urban areas, which are known for higher costs of living"

washingtonpost.com/business/2021/…
Read 4 tweets
Jeff Stein Profile picture
2 Feb
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

washingtonpost.com/us-policy/2021…
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

washingtonpost.com/us-policy/2021…
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.”
Read 4 tweets
Jeff Stein Profile picture
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
Jeff Stein Profile picture
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

washingtonpost.com/us-policy/2020…
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

washingtonpost.com/us-policy/2020…
*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

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