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Dec 22, 2020
12/20
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vonnie: with more on the stimulus, let's get to erik wasson. we finally did come out with language this afternoon, 3000 to 4000 pages. was there anything we were not anticipating? we know the broad outlines of what the house and senate would vote on. >>>> 5593 pages to be exact. one of the biggest congress has passed. it has a $900,000 stimulus bill. -- we also have a bevy of tax breaks, energy legislation, and the way the government evaluates air in the wake of the boeing 737 max crisis. lawmakers have very little time to evaluate. so it is an incredible piece of legislation when you look at it. vonnie: when are they boding exactly? reporter: they will have some procedural votes but we are expecting 9:00 or 10:00 for it to pass the house and go to the senate where they could move on it as quickly as 10:30 or so so it will be a tight situation with government funding. and of course right at midnight, it's not like everything ceases and federal workers stop working. that's what i would expect would happen in this case and it is pretty much a don
vonnie: with more on the stimulus, let's get to erik wasson. we finally did come out with language this afternoon, 3000 to 4000 pages. was there anything we were not anticipating? we know the broad outlines of what the house and senate would vote on. >>>> 5593 pages to be exact. one of the biggest congress has passed. it has a $900,000 stimulus bill. -- we also have a bevy of tax breaks, energy legislation, and the way the government evaluates air in the wake of the boeing 737 max...
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Dec 3, 2020
12/20
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. >> for more on the latest, let's bring in erik wasson joining us now. so many false starts.o much pessimism about whether they will get there in the end. does it feel different this time? are the stars aligning? >> the math is aligning a little bit. we are looking at 300 billion. if the gap is too small, the politics are still there and mcconnell is talking about a bill that is between $500 billion and 600 billion dollars and the democrats say the basis could be this 908 billion. side-by-side in the terminal shortly, mcconnell isn't talking about any supplemental unemployment benefits above the state level. this plan would have $300 per week through march. neither of them are talking about those $1200 checks that people have been excited about and talking about. as far as the stimulus effect, this would be best described as a relief bill. the main piece that they agree on is small business relief, pandemic paycheck protection extended, a double take where people who had taken alone before -- taken a loan before would have to take another draw and then pay taxes on the earlie
. >> for more on the latest, let's bring in erik wasson joining us now. so many false starts.o much pessimism about whether they will get there in the end. does it feel different this time? are the stars aligning? >> the math is aligning a little bit. we are looking at 300 billion. if the gap is too small, the politics are still there and mcconnell is talking about a bill that is between $500 billion and 600 billion dollars and the democrats say the basis could be this 908 billion....
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Dec 4, 2020
12/20
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our congressional reporter erik wasson is with us now.derstand there is something to consider, there is a bipartisan agreement in place. can something happen before this session ends? ofk: there are the outlines a bipartisan agreement put together by a group of senators and representatives in the house. we are told that they will try to develop the details of that by monday morning. if they can come together, and apparently the white house is in on the drafting of the language, as well as the other top leaders, and then we will have a sense of whether this will happen. a lot of attention to this idea of corporate liability, the ability of companies being able to be free of tort laws with respect to covid. also state and local government aid in there, the formula. those details will be worked out. by monday, we will have a good sense about whether this bill will pass or not. vonnie: that is some good insight into how difficult it is to get everything on paper, but speaker pelosi has been saying this for months. why shouldn't we believe her
our congressional reporter erik wasson is with us now.derstand there is something to consider, there is a bipartisan agreement in place. can something happen before this session ends? ofk: there are the outlines a bipartisan agreement put together by a group of senators and representatives in the house. we are told that they will try to develop the details of that by monday morning. if they can come together, and apparently the white house is in on the drafting of the language, as well as the...
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Dec 7, 2020
12/20
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we are joined by erik wasson. what will be here today that we do not already suspect are now?ely delayed from today until tomorrow which is not a good sign. the want to flush out detail of spending amounts. we did not see details especially on the formula of how they receive aid, what unemployment insurance would be extended, and details of the liability protections for companies. those still seem to be up in the air we are not clear if we will see them today. if this gets pushed to tomorrow or later, that is not a good sign. vonnie: what might be the sticking point or who might be the obstacle? erik: there are a lot of moving parts. this is a bipartisan group that senators,rs -- eight republicans and democrats, are mostly middle of the road. i'm hearing from a couple of sources that could be an obstacle people who are normally the powerbrokers are being left out. this could be a longer process than some had hoped. vonnie: what is the deadline for some kind of agreement so that we get something before the holidays? is there a day beyond which it is impossible to get anything d
we are joined by erik wasson. what will be here today that we do not already suspect are now?ely delayed from today until tomorrow which is not a good sign. the want to flush out detail of spending amounts. we did not see details especially on the formula of how they receive aid, what unemployment insurance would be extended, and details of the liability protections for companies. those still seem to be up in the air we are not clear if we will see them today. if this gets pushed to tomorrow or...