Republicans Say Biden Wants Bipartisan Stimulus, Schumer Says Nope

This is my update for Wednesday, February 3rd. Senate Democrats voted yesterday to start debate on the budget resolution that will cover COVID-19 aid and begin the reconciliation process.

Unsurprisingly, this was a 50-49 vote on party lines with Republican Senator Pat Toomey not present due to a snow delay, and it wouldn’t be surprising to see more of those over the next few weeks. The resolution will be debated for as many as 50 hours, and all 100 Senators will have the option to propose amendments during that time. At that point, they’ll vote on the resolution as well as any amendments, which will start the 20-hour debate over reconciliation leading up to another set of votes on various amendments. As I mentioned in yesterday’s update, each of those amendments will have to be voted on separately, so just because they had 50 votes to start the debate doesn’t mean that they’ll get 50 votes on every single provision. And the Democrats need every single Senator in the party in order to secure a simple majority, so moderates like Joe Manchin and Kyrsten Sinema will have a lot of leverage here if they want to push back on anything they think is unnecessary. Manchin already stated that he wants a targeted stimulus and that he opposes the $15 federal minimum wage, so he may end up being the greatest obstacle for Democrats who want to pass something like Biden’s $1.9 trillion relief plan. Of course, the Senate will also be running the impeachment trial over the next few weeks, so it could take them a month or six weeks to get through reconciliation.  Both Republicans and some moderate Democrats have talked about the price tag of the relief proposal, particularly after another stimulus bill was passed at the end of 2020. In response to those concerns, over 100 Democratic members of the Senate and the House of Representatives sent a letter to Pelosi and Schumer asking them to repeal certain tax breaks for net operating losses, which were included in the original stimulus that was passed early in 2020. They estimate that this would save $250 billion, which could then cover some of the costs of Biden’s relief bill. In essence, those tax breaks enabled businesses to carry back losses into tax returns from up to five years ago. They also remove limits on how much losses can be used to offset gains, making it easier for companies to minimize their taxable income. Republicans argue that this is all necessary for cash flow, while Democrats see it as an unnecessary kickback for the rich. This isn’t something that has picked up much momentum, at least so far, but it could be one way for Democrats to get people onboard with a more expensive stimulus plan.  One narrative that’s been picking up over the last few days is the idea that Biden is more interested in a bipartisan deal than some of his Democratic counterparts in the House and Senate. Biden obviously campaigned on the theme of unity, coming together and all that, he doesn’t want this to become a partisan issue, but he is also facing pressure from other party leaders. Rob Portman, one of the ten Republican Senators who met with Biden on Monday, told the media “my sense is the president would be more forward-leaning working with both sides, but there are pressures up here on the Hill, including Schumer and Pelosi seem less interested. It’s hard to read his staff, but they didn’t seem all that interested in finding common ground.” McConnell gave a similar statement, he said “our members who were in the meeting felt that the president seemed to be more interested in [a bipartisan agreement] than his staff did, or it seems like the Democratic leadership in the House and the Senate.”  Now that is probably partly about positioning, obviously it’s going to be good for Republicans if they can disrupt the Democrats by putting distance between the White House and the party leaders in Congress, so we’ll see in the next few weeks and months how committed Biden really is to bipartisanship versus passing something like the $1.9 trillion plan he outlined earlier in January. And there are some contradictory reports here, some of the Republicans are saying that Biden wants something Republicans would agree to, but Chuck Schumer came away with the opposite impression. According to Schumer, Biden “spoke about the need for Congress to respond boldly and quickly” and told the Republicans that their proposal was “way too small.” Now, Biden’s popularity has been holding steady at around 53-55% approval against 35-37% disapproval, so he may have enough support from the public to push his bill through and worry about bipartisanship later. Presidents often reach their highest popularity early on, Obama, W. Bush, Reagan, Carter, Ford, LBJ, and Kennedy all hit their peaks in the first year of their respective administrations, so this could be the chance to capitalize on that and leverage his political position into a more robust relief bill.  One of the main sticking points in these negotiations has been the income limits for stimulus checks, and it was reported earlier today that Biden told the House Democratic Caucus he would consider compromising on those if it helped them get support for the upcoming relief bill. So the first two rounds of payments went out to people who were earning $75,000 or less per year, or $150,000 for joint filers, and they gradually tapered off for people who were making more than that.  Some Senate Republicans countered by proposing a reduction to $40,000 or $80,000 for joint filers, with the phase-out going up to $50,000 or $100,000. Based on what we’ve heard so far, it’s looking more and more like this could be one area where Biden and other Democrats are willing to move from their initial target. On the other hand, as we said yesterday, Biden appears to be pretty firm on the size of the payments, which are set to be $1,400, adding up to $2,000 when you include the $600 checks that went out over the last month or so. He is planning to meet with a group of Senate Democrats on this issue later today, so there may be another update tomorrow depending on what comes out of that meeting.  In other Senate news, last story for today, Chuck Schumer and Mitch McConell just announced that they’ve come to an agreement on power sharing. Those negotiations were a little complicated with a 50/50 split, McConnell wanted to get some concessions out of that situation, and obviously Schumer wanted it to look like any other Senate with a clear majority and minority. This will put Democrats in charge of Senate committees, which had still been run by Republicans up to this point. McConnell originally wanted Schumer to formally agree to preserve the filibuster, but he backed off after Sinema and Manchin, two of the more moderate Democratic Senators, said that they would push back against any attempt to remove the 60-vote threshold. So this power sharing deal will allow Democrats to start taking control of the Senate agenda, they’ll be able to vote to confirm Merrick Garland as Attorney General and take some steps toward the rest of their priorities for the first 100 days of the Biden administration. But again it doesn’t look like they’ll be getting rid of the filibuster, which means that they will need to get 10 Republicans onboard to pass most legislation apart from reconciliation of course. That’s all I have for you today, thanks for watching to the end, and I’ll see you next time, buh bye.

79 comments

  1. I loved as much as you will receive carried out right here.
    The sketch is attractive, your authored material stylish.
    nonetheless, you command get got an shakiness over that you wish be delivering
    the following. unwell unquestionably come further formerly again as exactly the
    same nearly very often inside case you shield
    this hike.

  2. Judi Slot Online Hendaknya Dari Pada Yang Sungguhan
    Memilih judi Slot Online sebaiknya dari pada yang konvensional, yang
    membuat seluruh para penggemar alat slot offline bisa akan berfikir diketahui bahwa mereka tidak akan dulu menemukan sesuatu yang makin menyenangkan atau lebih
    baik dari mesin Slot Online. Lagi pula, bagi terdapat banyak pemain judi
    online bermain judi mesin slot dalam casino lokal ialah hal
    yang paling menyenangkan. Namun, saat mereka sudah mulailah mencoba untuk bermain bermain di mesin slot online judi online, mungkin kalian akan dengan sigap untuk
    menyadari seharusnya ada cara yang akan lebih menyenangkan dan lebih baik untuk
    betting.

    Ada begitu banyak alasan mengapa dalam permainan judi Slot
    Judi poker cenderung dapat kian menyenangkan dan semestinya dari pada permainan yang
    lain di casino offline. Beberapa alasan terkait termasuk dengan hadirnya begitu banyak pilihan instrumen Slot Online yang dapat
    dipasang oleh anda, dan banyaknya pilihan judi casino online sehingga dapat
    anda lihat sampai pilih untuk terdaftar serta masih ratusan alasan yang
    lainnya.

    Pendaftaran Mudah Di Casino Online
    Dengan gampangnya proses untuk mendaftar, casino online mengharapkan agar dapat mengagumkan sebanyak mungkin para penjudi.
    Selain itu dalam tahap proses transfer dana dari rekening
    bank anda ke account di casino judi togel pun sangat mudah,
    lekas dan aman. Jadi setelah anda selesai mengindeks, anda pun boleh langsung deposit selaku transfer untuk melakukan saldo pada akun ig
    anda sehingga pemain bisa mulai berjudi.

    Remeh Mendapatkan Saldo Coba-coba Untuk Bermain
    Hal ini yang menjadikan bermain casino poker online lebih menyenangkan daripada bermain casino
    nyata, karena casino judi poker memberikan bonus saldo secara cuma-cuma saja orang yang baru bergabung atau bermain di web mereka, sedangkan guna casino offline
    gak ada. Saldo yang diberikan kepada kamu itu dalam jenis bonus pendaftaran, duit tersebut adalah kira-kira uang tunai yang bisa
    mereka gunakan bagi bertaruh dalam permainan yang mana saja yang
    ada didalam website mereka termasuk sarana mesin slot. Duit loyalitas juga
    sewaktu-waktu diberikan kepada para penjudi yang aktif
    bermain setiap harinya, bonus yang dikirim adalah uang tunai gratis yang berpotensi setiap pemain akan bertaruh lebih banyak balik dari sebelumnya dari
    permainan apapun yang ada didalam situs.

    Ribuan Instrumen Slot Online Untuk Dimainkan
    Bagi yang berfikir ada teramat banyak mesin slot untuk casino offline didaerah anda, maka menunggu sampai anda mencoba untuk bermain judi
    pada casino online, oleh karena anda akan mengamati ribuan mesin slot dari semua berbagai macam jenis dan pati saripati yang berbeda beda, dengan dalam semua langkah yang telah anda mainkan sebelumnya dengan mesin slot ke casino offline didaerah anda.

    Tingkat Privasi Buat Slot Online
    Slot Online dimainkan semenjak perangkat yang memberikan web dari mana doank di planet itulah.
    Seperti memainkannya daripada taman, rumah, lingkungan makan dll guna mereka sukai dengan menggunakan pilihan mereka.
    Ketersediaan online membuat jitu urusan pribadi & hampir tidak tertulis ruang
    untuk celaan dari orang lain. Itulah juga menjadi satu
    cara terbaik untuk cekik waktu luang akan keluar dari kebosanan anda yang penuh dengan kesibukan sehari-hari.

    Macam-macam Tingkat Judi Mesin Slot Diizinkan
    Jika anda sangat suka bertaruh pada opsi slot, tetapi petaruh tidak memiliki cukup banyak uang,
    maka bermain judi Slot Online lah sampai cocok untuk anda lakukan. Karena
    tersedia banyak jenis tingkat bertaruh judi, mulai dari level bettingan paling rendah hingga permainan level yang terkuat.
    Ini berarti pejudi dapat memulai untuk bertaruh pada
    mesin slot pada level bertaruh yang rendah, saat mempelajari cara kerja live casino online
    lalu memperbesar level taruhan pemain secara bertahap dari yang rendah ke
    tingkatan yang lebih berlimpah. Berjudi pada alat Slot Online memang sungguh menjadi menyenangkan, karena anda bisa melakukannya kapan saja dan kapanpun anda inginkan, berlaku untuk pada siang sampai dengan di malam masa.

    Lagipula, Anda tidak mesti memainkan semua alternatif sekaligus, Anda bisa membaginya dalam
    sekian sesi dalam waktu sebulan atau lebih. Harusnya dapat lakukan riset lalu pelajari cara
    kerjanya, selidiki berbagai kemungkinan pembayaran mesin slot online
    dan persyaratan permainan minimum dan maksimal yang terkait.
    Sebagai ini Anda akan dapat menemukan dengan memainkan game untuk tidak hanya cocok untuk Kau, tetapi juga mempromosikan keuntungan yang
    akan memudahkan untuk memperpanjang ketika bermain anda.

  3. Hello there! This post could not be written much better!
    Reading through this post reminds me of my previous roommate!
    He always kept preaching about this. I will forward this article to him.

    Fairly certain he will have a great read. I appreciate you for sharing!

  4. With havin so much content and articles do you ever run into any problems of plagorism or
    copyright infringement? My site has a lot of
    unique content I’ve either authored myself or outsourced but it appears a lot of it is popping it up all over the internet without my
    permission. Do you know any techniques to help protect against content from
    being stolen? I’d truly appreciate it.

  5. It’s the best time to make a few plans for the future and
    it’s time to be happy. I have learn this submit and if I
    may just I want to counsel you few attention-grabbing issues or advice.
    Perhaps you can write next articles relating
    to this article. I want to read even more issues approximately it!

  6. Its such as you read my thoughts! You seem to grasp a lot
    about this, like you wrote the e-book in it or something.
    I feel that you simply could do with a few % to force
    the message house a little bit, but other than that,
    that is wonderful blog. An excellent read. I will definitely be
    back.

  7. My spouse and I absolutely love your blog and find many of your post’s to
    be exactly I’m looking for. Does one offer guest writers to write
    content available for you? I wouldn’t mind composing a post
    or elaborating on a lot of the subjects you write with
    regards to here. Again, awesome web log!

  8. Hey There. I found your blog using msn. This is a really well written article.
    I will be sure to bookmark it and return to read more of
    your useful information. Thanks for the post. I’ll certainly comeback.

  9. Fantastic beat ! I would like to apprentice while you
    amend your web site, how could i subscribe for a blog site?
    The account aided me a acceptable deal. I had been a
    little bit acquainted of this your broadcast provided bright clear idea

  10. I am really impressed with your writing skills as well as with the layout on your blog.

    Is this a paid theme or did you modify it yourself? Anyway keep
    up the nice quality writing, it’s rare to see a nice blog
    like this one these days.

  11. My spouse and I stumbled over here by a different page and thought
    I might as well check things out. I like what I see so
    now i’m following you. Look forward to looking at your web page repeatedly.

  12. Simply desire to say your article is as astonishing.
    The clarity in your put up is simply nice and that i could suppose you’re knowledgeable on this subject.

    Fine with your permission let me to grasp your RSS feed to keep up to date with coming near near post.
    Thank you one million and please keep up the enjoyable work.

  13. obviously like your website but you need to test the
    spelling on quite a few of your posts. Several of them are rife with spelling problems and I in finding it very
    troublesome to inform the reality then again I’ll certainly
    come back again.

  14. Alasan Slot Online Dikenal Oleh Banyak Peminat Casino
    Terdapat alasan Slot Online disukai banyak orang. Pura Slot Online terus menjadi sangat besar dan lebih besar gara-gara pemain di alam semesta merangkul Slot Online atau seluler.

    Menurut beberapa kalkulasi, industri perjudian judi togel bernilai sangat besar pada tahun 2017, dan digit ini ditetapkan adalah lebih dari ganda
    lipat pada tahun 2024. Slot Online adalah satu diantara sektor pasar bertaruh judi online terbesar pasti dengan pertumbuhan tercepat, di samping poker
    online., bingo dan sportsbook.

    Apa yang menyebabkan Slot Online begitu terkenal? Dalam
    artikel perihal ini, kami memberikan tak hanya satu tetapi empat penjelasan mengapa orang menyukai permainan Slot Online.

    Lagi banyak orang yang enggak mengetahui alasan pemasangan slot
    memiliki banyak peminat. Pasti, mereka harus tau alasan tersebut.
    Bisa saja, sebagian besar dari player tersebut
    yang belum mengetahui akan tertarik seusai tahu alasan terkait.

    Karena Slot Online Disukai Siapa saja
    Penghibur
    Paling pertama dan terpenting, Slot Online adalah bentuk hiburan. Saat ini, bermain Slot Online sama memikat serta imersifnya dengan video atau game.
    Apabila teknologi Slot Online boleh jadi lebih canggih, penyusun game semakin pemusatan pikiran menjembatani kesenjangan entah slot tradisional selanjutnya dunia hiburan.

    Saat ini, diberikan slot berdasarkan cuplikan game, slot mengacu dari film, dan gim slot 3D.
    Sampai paruh pertama tahun 2019 saja, kita telah melihat slot seperti
    Jumanji & Akademi Sihir berjudul Harry Potter daripada NetEnt,
    Playboy Gold dari Microgaming, kemudian Castle Builder
    II yang terinspirasi pertaruhan. Dengan semua game inilah, nilai hiburanlah yang mana membawa pemain terkirim.

    Ketidakpastian
    Satu rahasia keberhasilan bukan hanya Slot Online tetapi seluruh mesin slot adalah
    ketidakpastian. Mesin slot pertama muncul di akhir abad ke-19, tetapi mereka pasti menjadi canggih selama abad ke-20
    saat operator menggunakan dinamo nomor acak (RNG) sebagai teknologi primer.

    Slot online telah berkembang cepat dalam hal citra dan suara, melainkan teknologi RNG tengah menjadi kekuatan penyulut utama.
    Ketika kita duduk untuk bermain Slot Online dan seluler, mereka tidak tahu apa yang mengenai mereka dapatkan. Ketidakpastian karena tidak
    memantau apa yang terjadi di ketahui yang membuat orang
    online kembali kepada dunia slot akan ke indah untuk
    menelan lebih banyak.

    Bonus Deposit Slot Online
    Manalagi yang bisa Anda tambahkan ke dalam kegegeran dan kegembiraan sarana slot untuk membagikannya
    lebih menarik? Beban gratis tentunya. belakangan ini ada ratusan games online
    dan seluler serta ribuan Slot Online. Sebagian besar situs
    casino online menawarkan berbagai bonus sambutan, kemenangan setoran, dan pendapatan tanpa setoran bagi membawa pemain dikirim.

    Jackpot bervariasi dalam ukuran dan jenis biasanya kesamaan yang
    player itu miliki adalah maka dari itu mereka memberi apresiasi
    kepada pemain adalah uang bermain tutorial. Dalam kebanyakan peristiwa, ada persyaratan definit yang melekat untuk bonus.
    Misalnya, para bonus slot cukup dapat dipertaruhkan oleh slot atau slot online tertentu yang dipilih oleh casino.
    Online cukup bagus untuk berlipat-lipat pemain yang memfungsikan bonus slot setiap hari.

    Komisi Jackpot Progresif Banyak
    Pada akhirnya, tujuan utama bergabung Slot Online adalah demi menang.

    Jelas, Slot Online sama seperti bentuk penghibur lainnya karena terdapat biaya yang terjun. Tapi bentuk penghibur apa lagi yang mempromosikan potensi hadiah ribuan atau bahkan nominal tertentu?

    Slot progresif menawarkan nominal besar hadiah. Tidak yakin kami?
    Lihat artikel kemenangan jackpot terbesar sepanjang masa ini.
    Hasil positif slot terbesar agar sejarah dimenangkan oleh seorang tentara dewasa 26
    tahun diantara Inggris yang menghasilkan pulang
    lebih pada £ 13. 209. 300 (atau semakin dari $20 juta pada saat
    itu) waktu ia memenangkan slot Mega Moolah akan ke Betway Casino untuk Oktober 2015.

    Tidak dijelaskan yang berhasil mencari total kemenangan abadi dari permainan Slot Online, tetapi angkanya tak diragukan lagi memperoleh miliaran.

    Demikian pembahasan artikel mengenai Alasan Slot Online Disukai Oleh Ramai Pemain Casino.
    Kepribadian abdi harap penjelasan patik dapat menjawab sela-sela pertanyaan bagi teman-teman yang ingin tahu pertimbangan dibalik kepopuleran opsi slot.
    Saran jika setiap pemain slot, untuk mencapai skor terbaik pemain pastikan anda bermain dengan teliti dan memiliki pelajaran yang baik.

  15. Excellent post. I used to be checking constantly this weblog and I’m
    impressed! Extremely helpful info particularly the closing phase :
    ) I take care of such info much. I used to be seeking this particular information for a
    very long time. Thanks and best of luck.

  16. Appreciating the time and effort you put into your
    site and detailed information you provide.

    It’s nice to come across a blog every once in a while that
    isn’t the same outdated rehashed material. Fantastic read!
    I’ve saved your site and I’m adding your RSS feeds
    to my Google account.

  17. Greetings from Ohio! I’m bored at work so I decided to browse your blog on my iphone during lunch break. I really like the info you provide here and can’t wait to take a look when I get home. I’m shocked at how fast your blog loaded on my phone .. I’m not even using WIFI, just 3G .. Anyhow, great blog!

  18. Howdy! Do you know if they make any plugins to help with
    Search Engine Optimization? I’m trying to get my blog to rank for
    some targeted keywords but I’m not seeing very good gains.
    If you know of any please share. Kudos!

  19. You’re so interesting! I do not suppose I’ve truly read something like this
    before. So nice to find someone with a few original thoughts on this subject.
    Seriously.. thanks for starting this up. This
    web site is something that’s needed on the web, someone with a bit of originality!

  20. My partner and I stumbled over here from a different web
    address and thought I should check things out. I like what I see so now i’m following you.
    Look forward to looking at your web page again.

  21. I was suggested this web site by my cousin. I am not sure whether this post is written by
    him as nobody else know such detailed about my difficulty.
    You’re amazing! Thanks!

  22. You actually make it seem really easy along with your presentation however I in finding this matter to
    be actually one thing that I think I might by no means understand.

    It sort of feels too complex and extremely extensive for me.
    I’m taking a look ahead to your next put up, I will try to
    get the cling of it!

  23. Hi! I could have sworn I’ve visited this website before but after
    looking at many of the posts I realized it’s new
    to me. Anyways, I’m definitely delighted I found it and I’ll
    be bookmarking it and checking back frequently!

  24. Hey this is somewhat of off topic but I was wanting to know
    if blogs use WYSIWYG editors or if you have to manually code with HTML.
    I’m starting a blog soon but have no coding skills so I wanted to
    get guidance from someone with experience.

    Any help would be greatly appreciated!

  25. I’ve been browsing online more than three hours today, yet
    I never found any interesting article like yours.
    It’s pretty worth enough for me. Personally, if all site owners and bloggers
    made good content as you did, the internet will be much more useful
    than ever before.

  26. I’m reɑlly enjoying the design and layout of your ѕite.
    Ӏt’s a very easү on the eyeѕ which makes it muchh more enjoyable for me
    to come here and visit morе оften. Ɗiԁd you hire out a designer to create your theme?
    Outstanding work!

  27. You are so cool! I do not suppose I have read something like this
    before. So nice to discover somebody with some genuine thoughts
    on this topic. Seriously.. many thanks for starting this up.
    This site is one thing that is needed on the internet, someone
    with some originality!

  28. After checking out a handful of the blog articles on your web
    page, I honestly appreciate your technique of writing a blog.

    I book-marked it to my bookmark webpage list and will be checking back in the
    near future. Take a look at my web site too and tell
    me what you think.

Leave a reply

Please enter your comment!
Please enter your name here