A lot of moving pieces but the size of package is going in only one direction - UP! While the details are very much a work in progress, the new baseline appears to be $850 billion. Airlines will be part of the package but I believe the $50 billion request was the opening bid. Airlines are also likely to get some unpleasant strings restricting the change fees and other fees they have added in recent years. In 2008 there were also caps put on CEO compensation, which is not a big deal.
While there is actually little support in Congress for the payroll tax cut it seems that President Trump will insist on it and therefore it will be in Administration proposal and Congress may have to accept it to assure the President's support.
You are trying to access member-only content. You are either lacking the required privileges or you are not logged in to view this content.
You need to have an active FSI Macro, FSI Digital Assets, or FSI Pro subcription in order to gain access to this article.If you are already a member at FS Insight, please Sign In. If you don’t have a subscription to FS Insight yet, please consider reading more about Our Services.