Down to the Wire

Down to the Wire

This is my stimulus update for Monday, October 19.  So yesterday I told you that Speaker of the House Nancy Pelosi has set a 48-hour deadline for a stimulus deal to be reached between herself and the White House in order for a stimulus package to be passed before Election Day, her spokesperson Drew Hamill tweeted out that news Saturday night, which would make 48 hours from Saturday night, Monday night, Pelosi reiterated the 48 hours yesterday morning, I showed you the clips, so Washington Post is saying that her deadline is Tuesday, I don’t know if it’s a hard, to-the-minute 48-hour deadline, I think her point is a deal has to be reached early this week or a bill isn’t going to pass before the election.

Don’t want to read? Watch the video here!

Trump is reiterating that he would approve something larger than the $2.2 trillion the Democrats are seeking and that he believes that enough Senate Republicans would go along with any big stimulus bill agreed to by Pelosi and the White House.  But in order for a deal to be struck between the White House and Pelosi today or tomorrow, it would take some miracle, there are so many things they still disagree on from the testing language to tax credits for low-income Americans to childcare to school funding to state and local funding to census funding.

Now, we know they agree on stimulus checks, and they’re somewhat close on unemployment, we haven’t heard Pelosi lately really complain about the Republicans’ offer on unemployment, but nevertheless there are so many issues that there are still disagreements about, so I think it would take some incredible miracle for a deal to be struck today or tomorrow, meaning that if what Pelosi said is true regarding her 48-hour deadline, it would take some miracle for a stimulus bill to pass before the Election.

Now with respect to the Senate, like I told you yesterday, Mitch McConnell softened his stance somewhat with respect to a comprehensive stimulus bill, previously he literally laughed it off, or chuckled it off in the words of a New York Times reporter, but a couple days ago he said that if the White House and Pelosi strike a deal the Senate would consider it.

Mark Meadows, remember him?, Mark Meadows went even further than that this morning when asked by reporters about how Mitch McConnell would respond to a comprehensive stimulus package agreed to by the White House and Nancy Pelosi, here’s the clip:

So obviously Meadows is well aware of Senate Republicans’ reluctance to more spending on a massive scale, he and Mnuchin got grilled by Senate Republicans over the White House’s latest 1.8-trillion-dollar offer, he said he still believes there are some Republican senators who would support it, and he sent that not only would Mitch consider the bill but that Mitch would actually put it up for a vote.

Mitch McConnell is going to speak on the Senate floor this afternoon, probably talking about the standalone PPP legislation that he hopes to vote on tomorrow and the $500 trillionskinny bill that he wants to put up on Wednesday, I have little hope for either of those deals even advancing to a final vote in the Senate because I don’t think enough Dems will support them to hit the 60 votes needed to get cloture and even if they pass in the Senate, they will die in the House.

And in terms of stimulus negotiations, Treasury Secretary Steven Mnuchin is still in the Middle East and will speak with Nancy Pelosi again today at 3:00 P.M. Eastern Time, this is potentially the last or perhaps second-to-last time the two will speak before Pelosi’s deadline, because remember, like Pelosi said on ABC yesterday, this deadline is only in her mind to get a deal done before the election, that’s it, doesn’t mean stimulus talks are dead if a deal isn’t reached today or tomorrow, it just means, logistically, there won’t be enough time between then and the election to actually draft the comprehensive bill agreed to by both houses, call the House back, and pass it in both and it be signed by the President.

Nancy Pelosi issued another Dear Colleague letter yesterday, stating that she is optimistic and yet still listing out many, many criticisms of the Republicans’ latest stimulus offer.

56 comments

  1. Just wish to say your article is as amazing. The clearness in your post is simply nice and i can assume you’re an expert on this subject. Fine with your permission let me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please keep up the rewarding work.

  2. It’s a pity you don’t have a donate button! I’d certainly donate to this outstanding blog! I guess for now i’ll settle for book-marking and adding your RSS feed to my Google account. I look forward to brand new updates and will share this blog with my Facebook group. Chat soon!

  3. Good day! This is kind of off topic but I need some help from an established blog. Is it tough to set up your own blog? I’m not very techincal but I can figure things out pretty quick. I’m thinking about creating my own but I’m not sure where to begin. Do you have any points or suggestions? Appreciate it

  4. I’ve been browsing on-line greater than 3 hours today, yet I never found any fascinating article like yours. It’s lovely value enough for me. Personally, if all website owners and bloggers made just right content as you did, the internet will be a lot more useful than ever before. “Dignity is not negotiable. Dignity is the honor of the family.” by Vartan Gregorian.

  5. I may need your help. I’ve been doing research on gate io recently, and I’ve tried a lot of different things. Later, I read your article, and I think your way of writing has given me some innovative ideas, thank you very much.

  6. Son dakika haberleri, en güncel flaş haberler, gündem, siyaset, ekonomi, memurlar, televizyon, spor, magazin, yaşam ve dünya haberleri, video ve galerileri

  7. Hurda bakır, hurda alüminyum, hurda kablo gibi malzemelerinizi bize satarak, çevre kirliliğini azaltabilir ve geri dönüşüm ekonomisine katkı sağlayabilirsiniz.

  8. I’m not positive the place you are getting your information, however great topic. I needs to spend a while learning more or working out more. Thank you for fantastic information I used to be looking for this info for my mission.

  9. İstanbul organize sanayi hurdacıları içindeyiz. Hurdacılık yaparken ayrım yapmıyoruz. Nema 23, Nema 34, Nema 17, Nema 46 step motor hurdası alım yapıyoruz.

  10. I’d need to verify with you here. Which isn’t one thing I usually do! I get pleasure from reading a put up that will make folks think. Also, thanks for permitting me to remark!

  11. Great ?V I should definitely pronounce, impressed with your web site. I had no trouble navigating through all tabs as well as related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or something, web site theme . a tones way for your client to communicate. Excellent task..

  12. Hi there, just became aware of your blog through Google, and found that it is really informative. I’m gonna watch out for brussels. I will be grateful if you continue this in future. Lots of people will be benefited from your writing. Cheers!

  13. Good web site! I truly love how it is easy on my eyes and the data are well written. I’m wondering how I could be notified when a new post has been made. I have subscribed to your RSS which must do the trick! Have a nice day!

  14. Good post. I study one thing more difficult on totally different blogs everyday. It is going to always be stimulating to read content from different writers and practice just a little something from their store. I’d favor to make use of some with the content on my weblog whether you don’t mind. Natually I’ll give you a hyperlink on your internet blog. Thanks for sharing.

  15. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.

  16. We are a group of volunteers and starting a new scheme in our community. Your site provided us with valuable info to work on. You’ve done a formidable job and our entire community will be thankful to you.

  17. With havin so much written content 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 looks like a lot of it is popping it up all over the web without my permission. Do you know any solutions to help protect against content from being ripped off? I’d genuinely appreciate it.

  18. Hello! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!

Leave a reply

Please enter your comment!
Please enter your name here