Presumptuous Politics

Thursday, March 26, 2020

FISA court delays deadline for DOJ's proposed reforms amid coronavirus


The U.S. Foreign Intelligence Surveillance Court on Wednesday granted the Justice Department a one-week extension to give details about court-ordered reforms to the Foreign Intelligence Surveillance Act (FISA) amid the coronavirus outbreak.
“The government, through counsel, orally requested a one-week extension of the time to provide such information, in view of modified staffing and telework practices occasioned by the COVID-19 outbreak,” Judge James Boasberg, chief judge of the FISA court, wrote, The Washington Examiner reported. “Accordingly, the government’s time to provide such information is hereby extended.”
FISA court blocks FBI agents linked to Carter Page probe from seeking wiretaps, other surveillance
Late last year, the inspector general found at least 17 "significant inaccuracies and omissions" in the application to get a warrant to monitor former Trump campaign adviser Carter Page.
Inspector General Michael Horowitz’s nearly 500-page report was also sharply critical at times of the FBI’s handling of the case, including failing to share information.
Earlier this month, Boasberg also largely approved revisions that the FBI said it would make to its process for seeking wiretaps – in reaction to Horowitz's report.
Among the problems, Boasberg noted, were that the FBI had "omitted or mischaracterized" various "information bearing on [former British spy Christopher] Steele's personal credibility and professional judgment."
Boasberg told the Justice Department to provide details about proposed FISA reforms in March and asked for a report on “improving DOJ proactiveness in ensuring the completeness of FISA applications,” according to the Examiner.
The deadline was pushed from March 27 to April 3, the Examiner reported.
Fox News' Dom Calicchio, Ronn Blitzer and Brooke Singman contributed to this report.

Senate OKs $2T coronavirus stimulus package in unanimous vote; House sets Friday vote


By a vote of 96-0, the Senate passed a massive $2 trillion coronavirus stimulus compromise package just before midnight Wednesday, ending days of deadlock and sending the bill to the House of Representatives -- which House Speaker Nancy Pelosi said will soon take up the historic measure to bring relief to individuals, small businesses, and larger corporations "with strong bipartisan support."
The 880-page legislation is the largest economic relief bill in U.S. history. Senate Majority Leader Mitch McConnell, R-Ky., appeared somber and exhausted as he announced the vote. He released senators from Washington until April 20, though he promised to recall them if needed.
"96-0 in the United States Senate," President Trump wrote on Twitter. "Congratulations AMERICA!"
The unanimous vote came despite misgivings on both sides about whether it goes too far or not far enough. The vote capped days of difficult negotiations as Washington confronted a national challenge unlike any it has ever faced. Unemployment numbers were set to be revealed Thursday morning, and experts warned they could reach alarming new highs.
The package would provide one-time direct payments to Americans of $1,200 per adult making up to $75,000 a year, and $2,400 to married couples making up to $150,000, with $500 payments per child. After a $75,000 threshold for individuals, the benefit would be reduced by $5 for each $100 the taxpayer makes. A similar $150,000 threshold applies to couples, and a $112,500 threshold for heads of households.
READ THE FINAL BILLREAD A SUMMARY OF THE BILL ; READ THE SASSE AMENDMENT
The legislation passed by the Senate will use 2019 tax returns, if available, or 2018 tax returns to assess income for determining how much direct financial aid individuals receive. Those who did not file tax returns can use a Form SSA-1099, Social Security Benefit Statement or Form RRB-1099, a Social Security Equivalent Benefit Statement, per Page 149 of the bill.

Senate Majority Leader Mitch McConnell of Ky. gives a thumbs up as he leaves the Senate chamber on Capitol Hill in Washington, Wednesday, March 25, 2020, where a deal has been reached on a coronavirus bill. The 2 trillion dollar stimulus bill is expected to be voted on in the Senate Wednesday. (AP Photo/Andrew Harnik)
Senate Majority Leader Mitch McConnell of Ky. gives a thumbs up as he leaves the Senate chamber on Capitol Hill in Washington, Wednesday, March 25, 2020, where a deal has been reached on a coronavirus bill. The 2 trillion dollar stimulus bill is expected to be voted on in the Senate Wednesday. (AP Photo/Andrew Harnik)

Further, the bill allocates $250 billion to extend unemployment insurance to more workers, and lengthen the duration to 39 weeks, up from the normal 26 weeks. $600 extra a week would be provided for four months. (Just before voting on the final package began late Wednesday, the Senate was debating an amendment from Sen. Ben Sasse, R-Neb., to bar people from getting more from new unemployment benefits than they would have received on the job; the amendment needed 60 votes and failed 48-48.)
The final package would additionally provide $349 billion in loans to small businesses -- and money spent on rent, payroll and utilities becomes grants that don't need to be paid back. Many hotels would qualify as small businesses under the plan.
Passenger airlines would receive $25 billion for workers' "salaries and benefits," plus up to $25 billion more in loan guarantees and loans. Contract workers would also receive $3 billion in assistance. Airlines would have to agree not to furlough workers until at least the end of September in return.
WHO QUALIFIES FOR A CHECK?
About $17 billion will go to other distressed companies like Boeing, which is seen as essential to national security. And, approximately $200 billion would be provided in tax assistance to small businesses, including through payroll tax deferrals.
At the same time, the bill omits many -- though not all -- items from Pelosi's version of the legislation that Republicans had called wasteful or irrelevant, including climate-change-related emissions restrictions for airlines and various diversity-related provisions.

House Speaker Nancy Pelosi of Calif. speaks outside her office on Capitol Hill, Monday, March 23, 2020. (AP Photo/Andrew Harnik, Pool)
House Speaker Nancy Pelosi of Calif. speaks outside her office on Capitol Hill, Monday, March 23, 2020. (AP Photo/Andrew Harnik, Pool)

Gone from the stimulus bill are mentions of mandatory early voting, ballot harvesting, requirements that federal agencies review their usage of "minority banks," and attempts to curb airlines' carbon emissions -- a Pelosi demand that even Saikat Chakrabarti, the former chief of staff to Rep. Alexandria Ocasio-Cortez and an author of the Green New Deal, called "ridiculous."
"What's not in the Senate's bipartisan coronavirus bill: Pelosi's outrageous wish list," wrote GOP national spokesperson Elizabeth Harrington. "0 mentions of 'diversity.' 0 mentions of 'emissions.' 0 mentions of 'early voting.' 0 mentions of 'climate change.' Good!"
But, the package still contained some wins for Pelosi. Page 524 of the bill text indicates that many businesses that take a government loan would be obligated to remain neutral in any "union organizing effort" during the loan -- a major giveaway to unions. Affected businesses would have between 500 and 10,000 employees.
And, Page 781 of the bill provides $25 million to the Democratic-controlled House of Representatives to cover "salary and expenses."
Also in the final bill text, $25 million would still be allocated for the Kennedy Center for the Performing Arts. Trump, speaking at the White House coronavirus briefing earlier Wednesday, said that he understood the provision was necessary because Democrats demanded some concessions in order to get the stimulus bill passed, even though it galled some conservatives.
Pelosi was the first to demand the Kennedy Center money in her own bill, which Republicans said was full of unseemly payouts for well-connected special interests at a time of national crisis.
The Kennedy Center put out a statement Wednesday evening saying it was "extraordinarily grateful that Congress has recognized our institution's unique status and has included funding in its legislation to ensure that we can reopen our doors and stages as soon as we are able."
"For an opera house, you sure are tone-deaf," responded blogger Jim Treacher, after telling the Kennedy Center where to shove its statement.

John F. Kennedy Center for Performing Arts shot at dusk across the Potomac in Georgetown

John F. Kennedy Center for Performing Arts shot at dusk across the Potomac in Georgetown
Meanwhile, House Majority Leader Steny Hoyer, D-Md., said the House would vote on the matter on Friday. Republican leaders said they'd whip votes to support the bill.
"Over the past few days, the Senate has stepped into the breach," Senate Minority Leader Chuck Schumer, D-N.Y., said in his own remarks. "We packed weeks or perhaps months of the legislative process into five days. Representatives from both sides of the aisle and both ends of Pennsylvania Avenue have forged a bipartisan agreement in highly partisan times, with very little time to spare."
He added: "It’s been a long, hard road, with a remarkable number of twists and turns, but for the sake of millions of Americans, it will be worth it. It will be worth it to get help to millions of small businesses and save tens of millions of jobs."
However, earlier in the day, a senior GOP source told Fox News contributor and Townhall.com editor Guy Benson that the compromise bill was a face-saving exercise by Schumer, and that he was trying to "take credit" for a GOP bill that he filibustered for "small ball" alterations. Democrats, the source said, couldn't drag the situation out much longer; economic conditions have worsened dramatically, and President Trump's approval rating has risen.
And, a senior Republican aide separately told Fox News: "I half expected that the next thing I read would be the Minority Leader taking credit for inventing fire. The reality is that almost every significant 'win' he's taking credit for, is actually a Senate Republican idea."
Republicans had "never objected" to more hospital funding, or that oversight of the stimulus stabilization fund "be structured almost exactly like TARP oversight," the aide went on. And Republicans were the first to push for three months of unemployment insurance and "did not oppose adding a fourth."
The stimulus movement came as stocks posted their first back-to-back gains in weeks, but much of Wednesday's early rally faded as the hitch developed in the Senate. The market is down nearly 27 percent since setting a record high a month ago.
Amid the debate, presidential hopeful Sen. Bernie Sanders said he might try to torpedo the Senate's stimulus package as Republican senators raised objections about what they called a "massive drafting error" related to unemployment benefits.
“In my view, it would be an outrage to prevent working-class Americans to receive the emergency unemployment assistance included in this legislation," Sanders said in a statement, also posted on social media.
Sanders took to the Senate floor late Wednesday at approximately 9:30 p.m. ET to say he was concerned that the administration would be able to "expend $500 billion in virtually any way they want" under the legislation. In fact, the administration would not have such unilateral control.
"They're very upset that somebody who is making 10, 12 bucks an hour might end up with a paycheck for four months more than they received last week," Sanders went on. "Oh, my god, the universe is collapsing!"
The concern from Sens. Lindsey Graham, Tim Scott, R-S.C., Sasse, and Rick Scott, R-Fla., was that the the bill could pay workers more in unemployment benefits than they'd make in salary, by sticking a $600 per week payment on top of ordinary benefits that are calculated as a percentage of income.
Democrats and economists have countered that the point of the new unemployment benefit is, in fact, to make peoples' salaries whole, and that companies could simply raise wages to compete and attract workers.
"The weird thing about this hypothetical 'generous unemployment pay will discourage people from entering critical industries' is... they could just raise wages?" Alex Godofsky wrote on Twitter. "Amazon has already raised wages. Like, it's okay if wages - and prices - go up for a while. It's fine."
Others have noted that the unemployment benefits boost would expire in the summer. In an article entitled "Republican Senators’ Objection to Expanded Unemployment Benefits Makes Little Sense," Josh Barro began by noting that "these are unemployment benefits, and you generally have to have been laid off to claim them."
"We will continue to have virus-mitigation measures that create mass unemployment for a significant period, and even after those measures can be relaxed through much of the country, it will take some time for employers to re-ingest all the previously laid-off workers," Barro wrote. "In fact, it’s likely that the shutdowns will persist long enough that the enhanced benefits will need to be extended. If we’re in a situation by July where all the shutdowns are over and employers are eagerly hiring and our biggest concern is too many people don’t want to go back to work, I will be overjoyed and very surprised."
Later Wednesday, the Republicans agreed to drop their objections to fast-tracking the stimulus vote, as long as there was first a vote on the Sasse amendment to cap unemployment benefits to 100 percent of salary.
Also in the evening, Pelosi said unanimous consent was a nonstarter in the House, and implied that quick passage in the lower chamber may be unrealistic. Pelosi has called for members to have at least 24 hours to review the bill text once it's available.

Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)
Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)

“That’s not gonna work," she told reporters shortly after 7:30 p.m. ET, referring to unanimous consent. "Republicans have told us that’s not possible from their said. ... What I’d like to see -- because this a $2 trillion bill -- I’d like to see a good debate on the floor."
Meanwhile, the White House projected confidence. Insistently optimistic, President Trump said of the greatest public-health emergency in anyone's lifetime, "I don’t think it's going to end up being such a rough patch" and anticipated the economy soaring “like a rocket ship” when it's over. Yet he implored Congress late in the day to move on critical aid without further delay.
The package is intended as relief for an economy spiraling into recession or worse and a nation facing a grim toll from an infection that's killed nearly 20,000 people worldwide. Treasury Secretary Steven Mnuchin, asked how long the aid would keep the economy afloat, said: “We’ve anticipated three months. Hopefully, we won’t need this for three months."
Underscoring the effort's sheer magnitude, the bill finances a response with a price tag that equals half the size of the entire $4 trillion annual federal budget.
Fox News' Chad Pergram and Jason Donner, and Fox Business Network's Hillary Vaughn, as well as The Associated Press, contributed to this report.

Wednesday, March 25, 2020

Stock Futures Cartoons





Of America and sacrifice: Is the country ready to step up?


WASHINGTON (AP) — For most Americans alive today, the idea of shared national sacrifice is a collective abstraction, a memory handed down from a grandparent or passed on through a book or movie.
Not since World War II, when people carried ration books with stamps that allowed them to purchase meat, sugar, butter, cooking oil and gasoline, when buying cars, firewood and nylon was restricted, when factories converted from making automobiles to making tanks, Jeeps and torpedos, when men were drafted and women volunteered in the war effort, has the entire nation been asked to sacrifice for a greater good.
The civil rights era, Vietnam, the Gulf wars, 9/11 and the financial crisis all involved suffering, even death, but no call for universal sacrifice. President George W. Bush encouraged people to buy things after the terrorist attacks to help the economy — “patriots at the mall,” some called it — before the full war effort was underway. People lost jobs and homes in the financial crisis, but there was no summons for community response.
Now, with the coronavirus, it’s as though a natural disaster has taken place in multiple places at once. Millions will likely lose their jobs. Businesses will shutter. Schools have closed. Thousands will die. Leaders are ordering citizens into isolation to stop the virus’ march.
Suddenly, in the course of a few weeks, John F. Kennedy’s “ask what you can do for your country” injunction has come to life. Will Americans step up?
“This is a new moment,” said Jon Meacham, a historian and author of “The Soul of America.”
“Prolonged sacrifice isn’t something we’ve been asked to do, really, since World War II,” Meacham said. “There was a kind of perpetual vigilance in the Cold War — what President Kennedy called ‘the long twilight struggle’ — but living with the fear of nuclear war is quite abstract compared to living with the fear of a virus and of a possible economic depression.”
The second world war involved a common enemy and common purpose, with clear sides drawn across the globe. While President Donald Trump has at times tried to summon that feeling about attacking the coronavirus, he has abruptly changed course, suggesting Monday that restrictions he has sought on American life may be as short-lived as his slogan about “15 days to slow the spread,” even as others are warning that most of the country is about to be hit by a crush of new cases.
In Congress, some talk of coming together while others excoriate their partisan opposites. On Monday, Senate Majority Leader Mitch McConnell (R-Ky.) laid the early blame for lack of congressional action entirely at the feet of Democrats.
“A request to do anything becomes a point of attack, and we are always 10 steps back from where we should be on big legislative agreements,” said Julian Zelizer, a professor of history at Princeton. “So intense polarization in a moment of crisis — with a president who is not interested in time-tested forms of governance and the job of uniting — make this much more difficult.”
That has not been universal. Gov. Mike DeWine (R-Ohio), moved swiftly to shut down most activity in his state and he implored Ohioans to help.
“We have not faced an enemy like we are facing today in 102 years,” DeWine said recently. “You have to go back to the 1918 influenza epidemic. We are certainly at war. ... In the time of war, we must make sacrifices, and I thank all of our Ohio citizens for what they are doing and what they aren’t doing. You are making a huge difference, and this difference will save lives.”
As a nation, Americans are accustomed to seeing swaths of the country destroyed by hurricanes, floods, wildfires and blizzards. But there is then a season of rebuilding and renewal. The coronavirus, with its rapid spread, is giving Americans a public-health Katrina that knows few borders or boundaries, even though some parts of the country are suffering far more than others.
To date, for many, the sacrifices have been mere inconveniences. No restaurants or movie theaters. Maybe the need to buy exercise equipment because the gym has closed. Or to leave the cardboard box from Amazon outside for 24 hours to make sure the virus doesn’t somehow enter the home.
A week of being told to work from home can resemble a working vacation. A week of not being able to work at all is frustrating but, potentially, eventually reversible.
But when a week bleeds into a month, or longer, how will we react?
“We used to tax in times of crisis. Now we don’t,” Zelizer said. “We asked people to ration in times of crisis. Now we don’t. We asked people to serve in times of crisis. Now we don’t. So this is a sea change. The thing is, Americans might not have a choice.”
For many, the choices are personal and painful. Rep. Abigail Spanberger (D-Va.) cannot see her parents or her in-laws for the foreseeable future because she may have been exposed to the virus. But she is also seeing the impact of the virus in many other ways that are far more harmful.
“I think we are at the beginning stages of people understanding what the sacrifice is,” Spanberger said. “People with loved ones in nursing homes are told they can’t go visit their loved ones. That brings it home. For people who have kids, trying to explain why they can’t go to school, can’t have playdates, can’t see friends, can’t see family members.
“It is this element of everyone needs to disrupt their lives so that other people won’t die,” she said. “It’s different than eating less meat because of war or working in a factory because a husband is overseas. But you also can’t engage with the community, so it makes it harder. You can’t lean on your social circle, church, or school. All of those things are taken from us trying to keep people safe.”
With people being asked to sacrifice their jobs, their children’s education, their ability to commune with family and friends, Spanberger said, “the depth of empathy that that should be available and the strength of concerns over these decisions needs to be unparalleled and we do not see that, at least not from the administration.”
What the nation’s leaders do or don’t do will shape the course of the pandemic and its lethality. But it will be Americans’ willingness to sacrifice that may well matter more.
“In the end, this presents a great and compelling test of our national sense of ourselves as exceptional, generous and resilient,” Meacham said. “Perhaps we are all of those things. One thing’s for sure: We’re about to find out.”
___
Michael Tackett is deputy Washington bureau chief for The Associated Press. Follow him on Twitter at http://twitter.com/tackettdc

Stock futures jump higher as deal reached on coronavirus stimulus


Stock futures turned positive and continued to move higher, as White House and Senate leaders struck an agreement late Tuesday on a sweeping deal on injecting nearly $2 trillion of aid into an economy ravaged by the coronavirus.
Dow futures are indicating a gain of 2.6 percent, or more than 500 Dow points, when Wall Street opens for business on Wednesday.
The unprecedented economic rescue package would give direct payments to most Americans, expand unemployment benefits and provide a $367 billion program for small businesses to keep making payroll while workers are forced to stay home.
The final details had proved nettlesome. One of the last issues to close concerned $500 billion for guaranteed, subsidized loans to larger industries, including a fight over how generous to be with the airlines. Hospitals would get significant help as well.
A vote in the Senate could come Wednesday.
TickerSecurityLastChangeChange %
I:DJIDOW JONES AVERAGES20704.91+2,112.98+11.37%
SP500S&P 5002447.33+209.93+9.38%
I:COMPNASDAQ COMPOSITE INDEX7417.857035+557.18+8.12%
On Tuesday, the Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal. The Dow adding 11.4 percent, rising 2,112.98 points, its biggest point gain in history. The S&P 500 index leaped 9.4 percent.
In Asia, Japan's Nikkei jumped 8 percent, Hong Kong's Hang Seng added 3.8 percent and China's Shanghai Composite gained 2.2 percent.
Tokyo share prices were boosted by the decision to postpone the 2020 Olympics to July 2021 in view of the coronavirus pandemic.
In Europe, London's FTSE added 2.7 percent, Germany's DAX gained 3.7 percent and France's CAC rose 2.9 percent.
Economists and investors expect to see some dire measures of the impact of the virus in coming days and weeks, and few believe markets have hit bottom. Rallies nearly as big as this have punctuated the last few weeks, and none lasted more than a day.
The Associated Press contributed to this article.

Surgeon General says US has 'turned the corner' on coronavirus testing


U.S. Surgeon General Dr. Jerome Adams told "Hannity" Tuesday the country has "turned the corner" on coronavirus testing and will start to collect necessary information about the trajectory of the virus as more tests become available to the public.
"There is in fact good news," Adams said. "We turned the corner on testing, we have now done more testing in the last eight days than [South] Korea has done in eight weeks. That will give us ... better information."
"We turned the corner on testing. We have now done more testing in the last eight days than Korea has done in eight weeks.
— Dr. Jerome Adams, 'Hannity'
Adams said the decreasing number of cases in China and Italy prove the effectiveness of social distancing and echoed President Trump in expressing the hope that coronavirus restrictions could be scaled back "sooner than we thought."
"We see China is now starting to reopen," he said. "We see cases in Italy ... that gives us hope that if we lean into these mitigation efforts for the next several days, the way the president has said, that we can be reopening again sooner than what we thought."
Adams emphasized that different areas throughout the country will respond in accordance with their outbreak status, and predicted that the next several weeks will be rough for New York City, which has become the epicenter of the outbreak in the United States.
"We will continue to see cases go up, unfortunately, likely for the next several weeks, but that's why we are sending a team to New York City," Adams said. "That's why we have a Navy [hospital] ship on the way to provide relief. They got 4,000 ventilators today. We are going to go all in to protect and help the health care workers and the people of New York City."
"But in Idaho, they are in a different situation," Adams added. "So, we want to use the data, the information to make informed decisions about what people should be doing in different parts of the country."
When asked to comment on the anti-malarial drugs touted by President Trump as a potential treatment for coronavirus patients, Adams said he is still waiting on more data before making a formal recommendation, but remains hopeful.
"It is one of those things where people don't understand that you can both have hope, but still as a scientist or physician want to verify," he explained.
"We are hopeful that these medications will work, we have heard some powerful anecdotal stories, but we want to make sure we are tracking what we are seeing right now. In New York City, doctors are prescribing [hydroxychloroquine] off-label because at the end of the day, if your loved one is dying, you want to be given the right to try whatever is possible."
Adams admitted that if he or a family member was given the option to take hydroxychloroquine or chloroquine on an experimental basis, he would "try anything that I could to help keep them alive."
"That's what we want to get," he concluded, "is that opportunity to keep everyone's loved ones alive."

WH, Senate agree on massive stimulus, but House GOP defector Amash blasts 'raw deal,' signaling trouble


White House and Senate leaders reached a historic deal shortly after midnight Wednesday on a massive $2 trillion coronavirus relief package for workers and businesses, although support in the House of Representatives remained uncertain as one member openly criticized the plan.
The bipartisan breakthrough in the Senate capped days of heated negotiations that had nearly been derailed by last-minute demands from House Democrats.
“Ladies and gentleman, we are done," White House legislative affairs director Eric Ueland announced as he left the office of Senate Majority Leader Mitch McConnell, R-Ky., near midnight. "We have a deal."
Ueland told reporters that "much of the work on bill text has been completed, and I’m hopeful over the next few hours we’ll finish what's left and we will circulate it early in the morning.”
Senate Minority Leader Chuck Schumer, D-N.Y., said the bill amounts to “unemployment compensation on steroids," and that every American who is laid off will have their missed salary remunerated. That provision will enable companies to stay afloat and immediately bring back those employees when things are safe‬, Schumer said.
The unprecedented economic rescue package would give direct payments to most Americans, expand unemployment benefits and provide a $367 billion program for small businesses to keep making payroll while workers are forced to stay home.

Senate Majority Leader Mitch McConnell of Ky. walks to the Senate chamber on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)
Senate Majority Leader Mitch McConnell of Ky. walks to the Senate chamber on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)

One of the last issues to close concerned $500 billion for guaranteed, subsidized loans to larger industries, including a fight over how generous to be with the airlines, given that Democrats wanted them to abide by new carbon emissions restrictions. Hospitals would get significant help as well.
In a letter to his colleagues, Schumer remarked, “Democrats are ready to give our unanimous consent to speed up the consideration of the bill and get the job done.“ That means that if there are no objections from Republicans, the Senate could clear the bill without a formal roll call vote. Parliamentarily, that is the fastest way to move something on the floor.
A senior GOP source told Fox News contributor and Townhall.com editor Guy Benson that the move was a face-saving exercise by Schumer, and that he was trying to "take credit" for a GOP bill that he filibustered for "small ball" alterations. Democrats, the source said, couldn't drag the situation out much longer; economic conditions have worsened dramatically, and President Trump's approval rating has risen.
McConnell said the Senate will meet at noon on Wednesday, but did not set a time for a vote. By rule, the procedural vote to begin debate on the coronavirus package would happen at 1 p.m. ET, unless the Senate scraps that vote‬.
“Democrats are finally taking ‘yes’ for an answer," McConnell said in his remarks on the Senate floor early Wednesday morning. "Help is on the way.”
“After days of intense discussions, the Senate has reached a bipartisan agreement on a historic relief package for this pandemic,” he continued. “It will rush new resources onto the front lines of our nation's health care fight. And it will inject trillions of dollars of cash into the economy as fast as possible to help Americans workers, families, small businesses and industries make it through this disruption and emerge on the other side ready to soar."
Treasury Secretary Steven Mnuchin, who was smiling after McConnell left the floor, told reporters: "This is a very important bipartisan piece of legislation that is going to be very important to help American workers, American business and people across America. So, we couldn't be more pleased. I've spoken to the president, many times today, and he's very pleased with this legislation, and the impact that this is going to have."
Concerning the House, Mnuchin remarked, "I can't speak for the Speaker. I hope she takes it up and she passes as-is. We need, we need this to get working for the American people. And, again, there are a lot of compromises. It's terrific bill, and it was a great accomplishment on everyone."
Michigan independent Rep. Justin Amash, who recently left the Republican Party, signaled that he might essentially delay consideration of the bill in the House. The lower chamber may seek to pass the legislation via unanimous consent because many members are not in Washington -- but a single member can ruin that plan.

Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)
Treasury Secretary Steven Mnuchin, left, accompanied by White House Legislative Affairs Director Eric Ueland and acting White House chief of staff Mark Meadows, speaks with reporters as he walks to the offices of Senate Majority Leader Mitch McConnell of Ky. on Capitol Hill in Washington, Tuesday, March 24, 2020. (AP Photo/Patrick Semansky)

The House used unanimous consent during the 1918 flu pandemic as well.
"This bipartisan deal is a raw deal for the people," Amash tweeted. "It does far too little for those who need the most help, while providing hundreds of billions in corporate welfare, massively growing government, inhibiting economic adaptation, and widening the gap between the rich and the poor."
The deal came hours after President Trump's top economic adviser said an unprecedented $6 trillion stimulus plan was imminent, including $4 trillion in liquidity from the Federal Reserve and $2 trillion in new money from Congress.
Tensions then abruptly ratcheted back up again on Capitol Hill Tuesday night -- with Republican Sens. Lindsey Graham and Steve Daines taking to the Senate floor and calling for an end to negotiations because, as Graham put it, Democrats were "nickel-and-diming at a time when people are dying -- literally dying."
Graham and Daines' late-night push for an immediate vote on a stimulus bill came after tensions seemingly had cooled in Congress during the day, sending the Dow Jones Industrial Average to its highest point gain in its history as leaders from both parties signaled that an agreement could be within reach.
Shares advanced in Asia on Wednesday after the Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal. Japan's Nikkei 225 index jumped 5.3 percent, while Hong Kong added 3 percent and Sydney climbed 3.6 percent. Markets across Asia were all up more than 2 percent.
"Ladies and gentleman, we are done. We have a deal."
— White House legislative affairs director Eric Ueland
But, the Republicans said late Tuesday, Democrats were still seeking new payouts that were delaying a vote on a final bill.
"In case you're watching," Graham said in reference to the president, his voice rising, "tell [Treasury Secretary] Steven Mnuchin to come back to the White House and end negotiations. I think I understand the give-and-take of life and politics, but I've been called by two good friends on the Democratic side in the last five or six hours wanting more money. End the negotiations."
He added: "This bill is $2 trillion. There's a ton of money in this bill for people who need it, but what we're doing now is, every special-interest group in town is trying to get a little bit more."
“Listen, we were told we are at the one-yard line last night to get this done," Daines, who led the colloquy with Graham, said from the Senate floor. "All I’ve got to say is, the Senate may think it’s at the one-yard line right now, but Montanans are getting sacked. In fact, our unemployment claims in Montana since march 17th, we just looked it up 15 minutes ago, 14,350 Montanans have filed for unemployment in the last week.”
Shortly before Graham and Daines spoke, Trump declared at a coronovirus task force briefing that the country was nearing "the end of our historic battle" with "the invisible enemy" of coronavirus. Trump's approval numbers hit their highest point ever this week, with 60 percent of Americans approving of his coronavirus response efforts.
The president also sounded an unexpectedly magnanimous note: "I also want to thank Congress, because whether or not we're happy that they haven't quite gotten there yet, they have been working long hours. I'm talking Republicans and Democrats, all of them, the House, the Senate. I want to thank Congress because they are really trying to get there, and I think they will."
Then, Director of the U.S. National Economic Council Larry Kudlow specifically said the new coronavirus bill working its way through congressional gridlock would total $6 trillion: $4 trillion in liquidity from the Federal Reserve and $2 trillion in new money. Typical annual appropriations from Congress in a given fiscal year are around $1.2-4 trillion, with total expenditures roughly $4.3 trillion.
“This package will be the single largest Main Street assistance program in the history of the United States,” Kudlow said, adding that negotiations would continue into the evening but that a vote was imminent.
Meanwhile, there was some good news inside the White House grounds. As the briefing concluded, White House press Secretary Stephanie Grisham, who has been quarantined since coming in contact with Brazilian officials almost two weeks ago and working from home, revealed she has received negative COVID-19 test results and will be back to work Wednesday.
Grisham will return as the Trump administration increasingly has sought to project optimism. The president, who tweeted Sunday that "WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF," declared at the Fox News virtual town hall that he "would love to have the country opened up and just raring to go by Easter."

Treasury Secretary Steven Mnuchin, center, on his way to the offices of Senate Majority Leader Mitch McConnell on Monday. (AP Photo/Andrew Harnik)
Treasury Secretary Steven Mnuchin, center, on his way to the offices of Senate Majority Leader Mitch McConnell on Monday. (AP Photo/Andrew Harnik)

Pressed by Fox News' John Roberts on the timeline, Trump said at the briefing: "We'll be looking at a lot of things -- we'll also be looking at very large portions of our country, but I'll be guided very much by Dr. [Anthony] Fauci, and by Deborah [Birx]."
Fauci, the longtime head of the National Institute of Allergy and Infectious Diseases, whose absence from recent coronavirus briefings triggered a wave of speculation in the media, said the timeline was still "flexible."
Democrats have reacted furiously to Trump's new timeline for relaxing economic restrictions, with Hillary Clinton suggesting people would "needlessly die," and Joe Biden accusing Trump of spreading "misinformation."
"This a--hole and his rich friends are too stupid to get that we can only get through this together," former Obama speechwriter Jon Favreau wrote. "Everyone is at risk from the virus. Everyone suffers when there aren’t enough hospital beds. Everyone struggles when millions are too sick to work."
Fellow Obama communications alum Tommy Vietor, meanwhile, deleted a tweet lamenting that he was reduced to drinking red wine in the shower during the economic shutdown.
Fox News' Chad Pergram, Caroline McKee, and John Roberts, as well as The Associated Press, contributed to this report.

Tuesday, March 24, 2020

Chuck Schumer Cartoons





Fox News hosting virtual coronavirus town hall with President Trump, White House task force


Fox News Channel is hosting a two-hour virtual town hall with President Trump and members of the White House coronavirus task force on Tuesday, March 24, at 12 p.m. ET.
The president and his team will be answering text and video questions you submit to Fox News' Twitter, Facebook and Instagram accounts, as well as email submissions for the special live event at live-blog@foxnews.com.
Anchors Harris Faulkner and Bill Hemmer will co-moderate the event, and will be joined by Dr. Mehmet Oz and Fox News contributors Dr. Nicole Saphier and Dr. Marc Siegel.
Part One of the town hall will feature Faulkner and Hemmer interviewing members of the coronavirus task force about the latest developments from the pandemic.
They will explain how the White House is handling the growing crisis before President Trump joins the forum at roughly 12:30 p.m. ET to answer questions from Fox News viewers across the country.
Fox Corporation announced last week that unlimited free access to Fox News Channel and FOX Television Stations is available during the pandemic so all Americans can access the latest news and information.
Fox News is available for free on FoxNews.com, the Fox News app, FOX.com and the FOX NOW app. FOX’s 29 owned-and-operated television stations will be available for free on FOX.com and the FOX NOW app.
Faulkner has been holding special Q&A segments related to the coronavirus on a regular basis during “Outnumbered Overtime,” often speaking with the nation’s top medical experts.
Hemmer has also been a leading journalist during the coronavirus crisis, explaining the impact of the pandemic with easily digestible facts. Hemmer also anchors a nightly three-minute live coronavirus report weekdays at 6 p.m. ET on local FOX affiliates.
Fox News recently celebrated its 18th consecutive year as the most-watched cable news network, dating back to January 2002. FNC’s 18-year streak is for both primetime and total-day viewers, including the key demographic of adults age 25-54.

Stock futures gain ground as Congress moves closer to a stimulus deal


U.S. equity futures are pointing to a higher open when Wall Street begins trading on Tuesday as congressional and White House officials emerged from grueling negotiations at the Capitol over the $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday.
This comes after the Federal Reserve promised support to the struggling economy.
The major futures indexes are indicating a gain of more than 4 percent or around 700 Dow points.
The Fed promised to buy as many Treasurys and other assets as needed to keep financial markets functioning.
That came as Wall Street fell 3 percent after Congress failed to approve an economic support package. It would send checks to U.S. households and offer support for small businesses and the hard-hit travel industry, but Democrats say it favors companies too heavily at the expense of workers and public health.
In Asia, Japan's Nikkei rose 7 percent, the Hang Seng in Hong Kong was 4.4 percent higher and China's Shanghai Composite rose 2.3 percent.
In Europe, London's FTSE added 2.9 percent, Germany's DAX rose 4.4 percent and France's CAC was 3.3 percent higher.
The Fed's promise goes beyond the $700 billion in purchases announced last week.
The central bank said it will buy a wide range of investments, including corporate bonds for the first time, to improve trading in markets that help home buyers purchase houses, state and local governments borrow and businesses to get enough short-term cash to make payroll.


Treasury Secretary Steven Mnuchin, third from left, and White House Legislative Affairs Director Eric Ueland, left, walk to a meeting with Senate Minority Leader Sen. Chuck Schumer of N.Y. in his office on Capitol Hill, Monday, March 23, 2020, in Was
As Congress was locked in stalemate, the number of known infections worldwide jumped past 380,000. After just a few weeks, the United States has more than 46,000 cases and more than 600 deaths.
Also Monday, trading on the New York Stock Exchange went all-electronic for the first time after the trading floor was temporarily closed as a precaution. The exchange announced the move last week after two employees tested positive for the virus. The number of floor traders had dwindled sharply in recent years as more trading become electronic.
Wall Street and some other stock markets have lost nearly one-third of their value over the past month as business shutdowns spread and airlines, retailers and other industries suffer rising losses.
Economists increasingly say a recession seems inevitable. Analysts are slashing their forecasts for upcoming corporate profits. Forecasters say they cannot project how deep the downturn might be or how long it will last.
Professional traders say investors need to see a decline in numbers of new infections before markets can find a bottom.
Congress debated through the weekend on the rescue plan, but White House officials and congressional leaders are struggling to finalize it. Democrats blocked a vote to advance the package Monday. They want to steer more of the assistance to public health and workers.
Even if the two sides find a compromise, Congress may need to go through more rounds of similar negotiations if the outbreak isn't brought under control.
TickerSecurityLastChangeChange %
I:DJIDOW JONES AVERAGES18591.93-582.05-3.04%
SP500S&P 5002237.4-67.52-2.93%
I:COMPNASDAQ COMPOSITE INDEX6860.673526-18.84-0.27%
On Wall Street, the benchmark S&P 500 fell 2.9 percent in another day of sudden swings. It was down as much as 4.9 percent and as little as 0.2 percent earlier in the day.
The Dow Jones Industrial Average fell 3 percent. The Nasdaq, which is dominated by technology companies, lost only 0.3 percent as tech shares held up better than the rest of the market.
In energy markets, benchmark U.S. crude gained $1.06 to $24.43 per barrel in electronic trading on the New York Mercantile Exchange. The contract lost $2.59 the previous session to close at $22.63. Brent crude, used to price international oils, added 84 cents to $27.91 per barrel in London. It lost $1.49 the previous session to $26.98.
The Associated Press contributed to this article.

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