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As quiet as can be kept by domestic press, The Mnooch has demonstrated an INORDINATE, dare I say, OBSCENE, interest in suborning teh debt from the odious--to FLOUT bipartisan balanced budget conceits--in every scene of the serial DRAMA, "The Next Coronavirus Bill." His enthusiasm for fiduciary INCONTINENCE in the public-sector appears to me consistent with his notorious and grandiose private-sector performance for Credit Crash '08.
UPDATE Trump aides float piecemeal* approach to coronavirus relief in Congress
background: DCCC House passed the 1,800 pp HEROES Act (pdf format). It's a textbook omnibus bill. The only sections (~ 100 pp) that interest election-cycle "surrogates" prescribe belated extensions of CARES Act transfer payments (UI + PUC, PUA, FEUC loans to states' DOLs) as well as mortgage and tenant payment forbearance from DECEMBER 31, 2020 to MARCH 31, 2021--three (3) months, more or less the period to run-off completely FIFO unemployment claims for each "enhanced" program. If anyone's read the remaining 1,700 pp, they're not talking, notably Paygo Pelosi and Chuck Schumer refusing *piecemeal senate adoption of HEROES.
A day before Senate Republicans were due to introduce a $1 trillion coronavirus relief bill that includes ["]reduced["] federal unemployment benefits, U.S. Treasury Secretary Steve Mnuchin said he believes the party can work quickly with Democrats on getting legislation passed.
The Democratic-controlled House of Representatives passed a $3 trillion coronavirus relief bill in May. House Speaker Nancy Pelosi, the top Democrat in Congress, criticized Republicans for not being able to agree on a plan when Americans are "on the brink" and going hungry.
The most pressing issues are renewing the enhanced unemployment benefits - currently $600 a week - and liability protections from coronavirus-related lawsuits such as [BWAH!] "frivolous" litigation against schools and universities, Mnuchin said.
White House economic adviser Larry Kudlow said Americans will receive a[nother] $1,200 check [CARES "Recovery Rebate"] as part of the new package, along with tax credits for small businesses and restaurants. Kudlow told CNN's "State of the Union" the package would also extend a federal moratorium of evictions contained in previous relief legislation.
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