January 25, 2021 What to expect in Washington (January 25) Still two big question marks for Democrats in Congress trying to move President Biden's agenda:
Stimulus National Economic Council Director Brian Deese met virtually with 16 centrist senators of both parties regarding the stimulus plan on Sunday, January 24, and reports said issues discussed included:
Senators expressed concerns about the cost and scope of the plan, the Washington Post reported. "Participants also asked administration officials to justify the need for hundreds of billions allocated for other purposes," with Senator Susan Collins (R-ME) asking for justification for a package as large as $1.9 trillion, and Senator Angus King (I-ME) saying, "This isn't Monopoly money … Every dollar that we're talking about here is being borrowed from our grandchildren." There are essentially three options for advancing additional relief/stimulus:
Senator Joe Manchin (D-WV) also expressed cost concerns and has expressed a preference for employment-based assistance over stimulus checks, or at least ensuring checks are sufficiently targeted. His lack of backing thus far imperils prospects for acting through the budget reconciliation process. Democrats are trying to win bipartisan support, but some don't want to wait long before turning to reconciliation:
Senators involved in the centrist group are understood to be:
Sharing power The impediment to a Senate power-sharing deal: Senator McConnell wants the agreement to provide that the legislative filibuster will remain intact during the power-sharing for the next two years, and Democrats say that issue doesn't need to be addressed in this context. Without an organizing resolution, Republicans technically remain in control of most Senate committees. The Washington Post reported that the fact that nonbudgetary matters can't be addressed under reconciliation, including parts of climate change legislation, expansions of civil rights and voting access, etc., "compound the already immense pressure" to end the filibuster rule. Also influencing the Senate schedule, the House today (Monday) will transmit the "Article of Impeachment for Donald Trump to the Senate." The Senate trial is set to begin the week of February 8. This allows for the Senate to consider additional Biden administration nominees and, potentially, COVID relief legislation. Nominations A Senate vote on Janet Yellen's Treasury Secretary nomination is at 5:30 p.m. today (Monday). Trade The Wall Street Journal said that, regarding the Biden administration approach to trade, "No longer would American negotiators focus on opening markets for financial-service firms, pharmaceutical companies and other companies whose investments abroad don't directly boost exports or jobs at home." The report cited some prominent Democrats as arguing against some priorities in trade policy in recent years like intellectual property protections, and Biden US Trade Representative nominee Katherine Tai as saying the new administration wants a "worker-centered trade policy," not one focused on corporate competitiveness. The article noted, "Those views are reflected in Mr. Biden's tax proposals, which are intended to prod U.S. companies to keep jobs at home rather than easing investment overseas." President Biden today (Monday) is expected to detail in an executive order his Buy American plan, which during the campaign was proposed (in July 2020) to include $400 billion in procurement that is intended to spur new demand for American products, materials and services. ———————————————
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