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October 17 relief bill update

After three days of boring and barely newsworthy hearings on a Supreme Court confirmation that is a foregone conclusion, Republicans want to distract voters’ attention from soaring “third wave” Covid-19 infections (read that story here), so Senate GOP Leader McConnell has scheduled a vote on a relief bill (read that story here), which necessarily is what recalcitrant GOP senators will vote for, which limits it to $500 billion. So now there are three GOP different proposals floating in the ether:

  • The $1.8 trillion offer Mnuchin is negotiating with Pelosi, which they’re talking about again this weekend (see current status here)
  • The piecemeal proposals Trump has been throwing up in the air, which aren’t going anywhere
  • McConnell’s $500 billion bill, which Democrats have already rejected

CNN previously reported (here), “Senate Republicans have united behind the price tag of $500 billion.” Assuming Tuesday’s and Wednesday’s votes on McConnell’s proposal pass, all it does is replace the “$0” in the “Seventh Offer” with “$0.5 trilion,” so I’ve updated the chart below accordingly. Here’s where things stand now:

First Offer

Democrats — $3.4 trillion

Republicans — $1.0 trillion

Second Offer

Democrats — $2.4 trillion

Republicans — $1.0 trillion

Third Offer

Democrats — $2.2 trillion

Republicans — $1.0 trillion

Fourth Offer

Democrats — $2.0 trillion

Republicans — $0.5 trillion

Fifht Offer

Democrats — $2.4 trillion

Republicans — $0.3 trillion

Sixth Offer

Democrats — $2.2 trillion

Republicans — $1.6 trillion

Seventh Offer

Democrats — $2.2 trillion

Republicans — $0 – $1.8 trillion

Eighth Offer

Democrats — $2.4 trillion

Republicans — $0.5 – $1.8 trillion

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