Newsletter Archive

October 2020

Pelosi and Mnuchin Battle Over Stimulus Failure

The U.S. economy grew at an unprecedented 7.4% pace from the second to the third quarter, the Commerce Department announced Thursday. On an annualized basis, the growth rate was 33.1% — the highest annualized growth rate on record.

Plus: Plus, economy rebounds, but still in a deep hole

What Trump and Biden Would Mean for Social Security

With a coronavirus relief bill now pushed to the back burner, it looks like Congress will have to address two major fiscal issues in the lame-duck session following Election Day: the roughly $2 trillion relief package still being hashed…

Plus: Plus, stimulus failure sets up post-election spending clash

Trump Promises Best Stimulus Package Ever — After the Election

President Trump predicted Tuesday that he’ll sign off on a coronavirus relief package after the election — and not just any relief package. “After the election, we’ll get the best stimulus package you’ve ever seen,” Trump told reporters.

Plus: Plus, Wall Street is counting on more government spending

White House: 'We're Not Going to Control the Pandemic'

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke for nearly an hour Monday, but once again were unable to agree on terms for a massive new round of spending to boost the U.S. economy.

Plus: Plus, Pelosi and Mnuchin fail to make a deal

Pelosi, Mnuchin Point Fingers as Stimulus Talks Stall

Satirical newspaper The Onion published a story Friday saying that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin had announced they would be meeting to put the final touches on a 1,000-piece “Starry Night” jigsaw puzzle.

Plus: Plus, the Trump-Biden coronavirus debate in less than 300 words

GOP Worries Mnuchin Is Giving Away Too Much

House Speaker Nancy Pelosi (D-CA) said negotiators were “just about there” on the issue of funding testing and tracing programs for the coronavirus, a key provision in the relief bill she is trying to hash out with Treasury Secretary…

Plus: Plus, the deaths that could have been prevented

Pelosi Says Help Is On the Way, but When?

Help is on the way, House Speaker Nancy Pelosi (D-CA) said in an interview with MSNBC on Wednesday, referring to the coronavirus relief package she’s been negotiating with the White House. But she acknowledged that a deal may not come…

Plus: Plus, Trump’s $200 drug discount cards get pushed back

McConnell Warns Trump Against Pre-Election Stimulus Deal

House Speaker Nancy Pelosi (D-CA) said Tuesday that lawmakers are moving ahead with a draft of a new coronavirus stimulus bill, despite a lack of agreement on some key provisions.

Plus: Plus, trouble for Trump in two new polls

Pelosi Sets Deadline for Stimulus Deal

It may not have a made-for-TV theme song, but Nancy Pelosi’s ultimatum does pack some dramatic punch: 48 hours or we’re done.

Plus: Plus, court rejects Trump effort to cut food stamps

US Deficit Soars to $3.1 Trillion

House Speaker Nancy Pelosi (D-CA) and Treasury Secretary Steven Mnuchin said after a nearly 90-minute negotiating session Thursday that they had made some progress toward a coronavirus relief package. In particular, they said that the…

Plus: Plus, Trump’s trust problem on pre-existing conditions