Some Democrats are growing antsy over striking a deal on the economic stimulus after two votes to advance the fiscal rescue package failed, sending stock markets deeper into their decline.
Senate Minority Leader Charles SchumerCharles (Chuck) Ellis SchumerSticking points force stimulus package talks to spill into Sunday Trump needs to stop the daily press briefings Overnight Health Care: Trump triggers emergency powers in coronavirus fight | McConnell sets first stimulus vote for Sunday | Five sticking points for stimulus talks | Treasury delays tax filing deadline | Dems push insurers to cover virus tests MORE (D-N.Y.) promised Monday morning that he and Treasury Secretary Steven MnuchinSteven Terner MnuchinDemocrats block McConnell from holding Monday morning vote on coronavirus bill McConnell rips Democrats for blocking coronavirus stimulus package Coronavirus stimulus talks hit setback as crisis deepens MORE were “very close” to a deal, but by the evening, they still had not announced an agreement.
With the stock market in turmoil and predictions of double-digit unemployment gaining steam, some Democrats are getting anxious to pass a bill as Republicans hammer them by the hour for holding up the process.
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“I want to see this clock ticking. I want both sides to be under the gun and under pressure,” Sen. Doug Jones (D-Ala.) said after voting with Republicans on Monday to proceed to the bill. Every other Democrat voted against moving forward.
Jones, who is up for reelection, said he was “absolutely” sick of the political games and wanted to see a deal later in the day.
“My vote now is to say let’s get it done,” he said.
Other Democrats said they hoped to see an agreement announced by the end of Monday.
“I hope and expect we’ll have a handshake deal today,” said Sen. Tim KaineTimothy (Tim) Michael KaineWho should be the Democratic vice presidential candidate? Democrats press Pompeo to help Americans stranded abroad amid coronavirus Warren, Sanders question Trump admin over coronavirus tests MORE (D-Va.).
Sen. Gary PetersGary Charles PetersHillicon Valley: Twitter targets coronavirus misinformation | Facebook bans sanitizer, virus test ads to prevent price gouging | DHS defines critical jobs during outbreak | Remote working apps surge Senators urge FCC to ensure all students have access to internet during school closures Democratic Senators introduce bill to provide free coronavirus testing MORE (D-Mich.), another incumbent on the ballot in November, said that “everybody feels a sense of urgency.”
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“I think we all know it’s got to be done quickly,” he said.
Sen. Jon TesterJonathan (Jon) TesterDemocrats fume over GOP coronavirus bill: 'Totally inadequate' Hillicon Valley: Twitter targets coronavirus misinformation | Facebook bans sanitizer, virus test ads to prevent price gouging | DHS defines critical jobs during outbreak | Remote working apps surge Senators urge FCC to ensure all students have access to internet during school closures MORE (D-Mont.) said the talks “need to be urgent” but “need to be done right.”
He joked that at the current pace, the House, which just got back to Washington after a weeklong recess, might wind up passing a phase three stimulus bill before the Senate finally wraps up its negotiations.
“If we don’t hurry up, they’ll get it done before we get ours done,” he said. “So it would be good if we got ours done.”
Republicans, sensing strong public support for passing a stimulus bill quickly, are pummeling their Democratic colleagues for holding out for additional protections for workers and restrictions on how a $500 billion corporate loan program would be managed.
Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellCoronavirus stimulus talks roll into Monday as negotiators fail to clinch deal Democrats block McConnell from holding Monday morning vote on coronavirus bill McConnell sets second coronavirus vote for shortly after markets open MORE (R-Ky.) on Monday hammered Democrats for pushing what he called a “wish list” of liberal priorities such as tax deductions for solar and wind energy, provisions to restrict recipients of corporate loans from laying off workers, new occupational safety standards for hospital workers, and emissions standards for the airlines.
“The markets are tanking once again because this body can’t get its act together,” he said.
Sen. Susan CollinsSusan Margaret CollinsRand Paul's coronavirus diagnosis sends shockwaves through Senate Small-business rescue package expected to swell to 0 billion or more NRSC outraises DSCC in February MORE (R-Maine) warned that “we don’t have another day.”
“We don’t have another hour. We don’t have another minute to delay acting,” she said.
Sen. Rob PortmanRobert (Rob) Jones PortmanCoronavirus stimulus talks hit setback as crisis deepens Rand Paul's coronavirus diagnosis sends shockwaves through Senate Sticking points force stimulus package talks to spill into Sunday MORE (R-Ohio) pointed out that the Senate bill already includes a massive expansion of unemployment benefits.
“It’s the most generous unemployment insurance plus-up by far ever in the history of our country,” he said. “It adds eight times more funding into the unemployment system for the rest of this year than is currently being spent.”
The National Republican Senatorial Committee (NRSC) on Monday afternoon pounced on the stalled negotiations to attack Democrats for “playing games while people’s lives are at stake.”
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“For the second time in less than 24 hours, Senate Democrats held the U.S. economy hostage and threatened the health and safety of millions of Americans because they see this national crisis as a golden political opportunity they are incapable of letting go to waste,” said NRSC spokesman Jesse Hunt.
Democrats also faced criticism from less partisan sources.
Steven Rattner, a contributing writer to The New York Times and the former head of President Obama’s automobile industry rescue effort, accused Congress of “fiddling” and praised the Fed for taking decisive action.
That prompted Sen. Chris MurphyChristopher (Chris) Scott MurphyFive sticking points to a T coronavirus deal Coronavirus anxiety spreads across Capitol Hill Democrats press Pompeo to help Americans stranded abroad amid coronavirus MORE (D-Conn.) to defend his leadership’s tactics by tweeting shortly before 9 a.m. Monday that “spending 18 extra hours to get $2 [trillion] is worth it.”
Now it looks like the talks will extend well past 18 hours as the two sides haggle over funding for hospitals and community health centers, paying down federal student loans, and GOP-favored language that would exclude Planned Parenthood from receiving federal aid.
Sen. Joe ManchinJoseph (Joe) ManchinCoronavirus stimulus talks hit setback as crisis deepens Democrats fume over GOP coronavirus bill: 'Totally inadequate' Energy regulators disagree on whether to delay actions amid coronavirus MORE (D-W.Va.), a prominent centrist who voted twice with Democrats to block the GOP-drafted stimulus bill, said Democrats would act quickly to move legislation once there is agreement.
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“If we get an agreement, I’ll tell you every Democrat will vote to suspend the rules and move,” he said.
At the same time, Manchin expressed impatience with last-minute Democratic demands to provide tax credits for wind and solar companies and carbon-emission restrictions on the airlines.
“I’m not for that,” he said of items that are being “thrown in” to the talks.
“I’m not for the Green New Deal. I think you all know that,” he told GOP colleagues on the floor.
“Forget about the Republicans. Forget about the Democrats. Let’s get this place working,” he exhorted colleagues.
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March 24, 2020 at 05:54AM
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Some Democrats growing antsy as Senate talks drag on | TheHill - The Hill
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