White House preps ~$3 trillion legislation w/ 2 big components:

1/ Infrastructure & clean energy.

Includes: Roads, highways, bridges, charging stations, climate resiliency, green R&D; $100B housing

2/ "Care economy" -

Includes: Pre-k; childcare; free community college
-- Overall price-tag may still change

-- Major prescription drug overhaul expected to be included (some version of Dems' HR3)

-- Look for major tax hikes as well

Confirming @jimtankersley scoop w/ a few new details, per 3 sources familiar

washingtonpost.com/us-policy/2021…
Upcoming White House package also expected to push for expanded child benefit through 2025, per people familiar. That would be in the second component of the bill.

washingtonpost.com/us-policy/2021…
Sorry was rushing - housing number should be $200B, w/ $100B for low income housing

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More from @JStein_WaPo

15 Mar
Hierarchy of news reporter tweet introductions, in descending order of value:

-- EXCLUSIVE:
-- SCOOP:
-- BREAKING:
-- NEWS:
-- NEW:
-- UPDATE:
-- JUST IN:
-- CORRECTION:
CORRECTION: "Scooplet" should come above "NEWS" but below "BREAKING"

OK revised list based on your helpful feedback -->

-- EXCLUSIVE:
-- SCOOP:
-- BREAKING:
--🚨🚨🚨
-- SCOOPLET:
-- !!!!:
-- NEWS:
-- NEW:
-- UPDATE:
-- JUST IN:
-- INBOX:
-- CORRECTION:
-- STANDBY FOR NEWS:
-- PERSONAL NEWS:
Read 4 tweets
11 Mar
This is the question we seem to be getting most frequently today. I've answered it before but worth answering again here, as well:
Another frequent question we're dealing with, and a potential problem for Democrats/the Biden administration to have to deal with -->
Read 4 tweets
11 Mar
Larry Kudlow, now at Fox Business, calls the Biden relief bill “LBJ Great Society to the 100th power”
Kudlow: “doesn’t this blow up the Clinton-Gingrich welfare reform and work requirements?”
“There’s nothing I can find in here that increases work requirements,” Kudlow says of the relief plan
Read 4 tweets
10 Mar
Your dogs and cats do not count for the new Child Tax Credit, as they are pets, not children
My reporting suggests this does not qualify for any of the relief provisions in the stimulus package, per multiple sources
My understanding is that the IRS might view this differently depending on the quality of the disguise

Read 4 tweets
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
Read 4 tweets
6 Mar
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
Read 8 tweets

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