COVID delay: New coronavirus relief slipping past election
4 years, 2 months ago

COVID delay: New coronavirus relief slipping past election

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Liberal economist Jared Bernstein, who worked for Democratic presidential nominee Joe Biden in 2009 and advises him now, says inaction would mean “a lot of completely avoidable suffering for economically vulnerable people.” When an aid bill finally passes may depend on the outcome of the election. Delays in coronavirus aid come as the recovery from this spring’s economic shutdown is slowing and as the massive stimulus effects of the $1.8 trillion March relief measure wear off. “If Congress doesn’t act the next administration is going to inherit a real mess,” said Harvard economist Jason Furman, a former top Obama adviser. “Pelosi decided in July that the political benefit of the next package would accrue to the president’s benefit and therefore she was going to lay out the most aggressive terms possible,” said veteran GOP Rep. Patrick McHenry of North Carolina, who predicts that Pelosi won’t get much more next year than she could have gotten now “unless they’re willing to break the filibuster for a $3 trillion bailout for blue states.”

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