After claiming the Democrats did “jiu jitsu” on the $2 trillion coronavirus aid package in order to focus more on individuals rather than corporations, Speaker Nancy Pelosi, who turns 80 today, said the House will take up the measure tomorrow.
While she said Thursday that she is “very proud of the product” and expects it to pass with strong bipartisan support, she does not expect unanimous consent.
Echoing warnings of public health officials nationwide, Pelosi said getting coronavirus under control “won’t happen unless we respect science, science, science. And for those who say we choose prayer over science, I say science is an answer to our prayers.”
Pelosi, who worked closely with Treasury Secretary Steven Mnuchin on negotiating the Phase III bill, said “with all the respect in the world” for Mnuchin, “there was this idea they put forth there would be a $500 billion slush fund for the Secretary of the Treasury with no accountability, whatsoever. Are you kidding?” Pelosi said she is pleased the new language in the bill has a Treasury inspector general and a five-person Congressional oversight committee to oversee the distribution of those funds.
Pelosi is expected to introduce the 880-page Coronavirus Aid, Relief, and Economic Security (or CARES) Act to the House tomorrow. House Majority Leader Steny Hoyer said the chamber will likely consider the bill by voice vote, with an option for House members to debate on the floor.
The bill faced last-minute opposition from both sides of the Senate aisle. Some Republicans argued provisions of the act disincentivized people from working while Democrats argued there was too much relief for corporations, rather than individuals.
While listing off changes to the bill that she was happy with, Pelosi noted that money to major corporations like airlines are conditional upon those funds going directly to workers.
“With all three of our bills, we have put families and workers first,” she said. She also expressed hope that a potential Phase IV of the relief bill will offer even more worker protections and increased state and local funding.
As she urged people to continue staying home and following warnings of health officials, Pelosi said “the markets are not going to succeed unless we take care of people,” she said.
Without naming the president directly, Pelosi pushed back on the administration’s suggestion that the federal government ease social distancing guidelines and urged him to invoke the Defense Production Act to increase production of ventilators and coordinate distribution. If the nation does not act carefully, she warned “the light at the end of the tunnel may be a train coming at us.”
She also said she was disappointed that Republicans would not agree to an increase in food stamp benefits. In response, she has included that as a priority for another phase of the deal. Other priorities include expanding Family and Medical Leave Act and workplace health and safety protections, expanding the allowance of pension smoothing, and creating a better funding formula for the District of Columbia, which was classified as a territory rather than a state in the Phase III plan.
Though Pelosi said ‘nothing surprises me around here,” she found it “curious” that Washington D.C. was treated “in a very discriminatory way.”
“It doesn’t make sense unless you have some other motivation,” she said.
Still, Pelosi said, “We will have a victory tomorrow for America’s workers.”
But although she may be planning to celebrate a legislative victory tomorrow, her more personal birthday celebration will have to wait until she can hug her grandchildre
Ayman Mohyeldin, host of MSNBC Original Podcast 'American Radical,' joins Cheddar News to discuss how the podcast chronicles a woman's path to the insurrection.
Following the attack on the Capitol last year, several major corporations promised to no longer pour funds into the campaigns of Republican lawmakers who supported the January 6 insurrection. But not all have stood firm on their word. Among those that did keep to their promise were Nike, American Express, and Walgreens.
Rep. Annie Kuster (D-N.H. 2nd District) joined Cheddar's "Between Bells" to reflect on the January 6 insurrection and her personal experience in the Capitol when rioters attempted to overtake the House chamber. "What I now understand to be true is that the mob of rioters had reached the third floor and was literally in the hallway running toward us as we ducked into the elevator," she told Cheddar. Kuster recalled the fear she felt, wondering what might have happened if the insurrectionists crossed paths with her group. Kuster noted that she has since received therapy to help cope with the traumatic event. "A thousand acts of courage saved our life and saved our democracy," she said.
Andy Kroll, Washington bureau chief at Rolling Stone, joined Cheddar's Baker Machado to discuss the anniversary of the January 6 insurrection and how it could impact upcoming elections. Kroll talked about whether or not Trump's influence will aid Republicans in the midterms and how it could be a setup for the former president to run in the 2024 presidential election. "This day has become really almost a kind of cause for Republican base voters," he said. "And you're going to see that fueling some turnout, you're going to see that fueling, even, candidates running for office in these midterm elections."
According to a recent analysis from ProPublica and the Wall Street Journal an analysis of Facebook posts, internal company documents, and interviews reveal key evidence about the social media giant's role in January 6 insurrection. National Reporter at ProPublica Craig Silverman, joined Cheddar to discuss more.
AT&T and Verizon have agreed to delay activating their 5G services for two weeks after Airlines for America, a lobbying group that represents American, Delta, and other airlines, filed a petition last week with the FCC to stop the deployment of 5G in the U.S. over concerns that the network can interfere with certain systems on airplanes. President Biden spoke out about it, saying it would avoid further delays and cancellations of flights. Light Reading 5G and Mobile Strategies Director Mike Dano joined Cheddar News' Closing Bell to discuss.
On a day where the Dow and Russell 2000 each closed more than 3% lower, Melissa Armo, founder and owner of The Stock Swoosh, says Wednesday's big sell-off could extend into after-hours trading. She joined Cheddar News' Closing Bell for more.
The new year has just gotten underway, but the clock is already ticking for the Democratic-led Congress to pass bills regulating big tech. Evan Greer, Director for Fight For the Future, joins Cheddar News to explain why Democratic lawmakers would want to push legislation now, and what a Republican takeover would mean for the industry.
Americans looking to purchase at-home COVID-19 tests will now have to shell out a bit more money after an agreement expired between the White House and companies to sell the tests at cost. The price of Abbot's BinaxNow test kit from October to December was $14 apiece; on Tuesday, Walmart's website listed the test for $19.88, and Kroger listed the tests for $23.99. Carbon Health Regional Clinical Director Dr. Bayo Curry-Winchell joined Cheddar News' Closing Bell to discuss the impact higher prices will have as the nation experiences another surge in cases.