Stimulus

There is a growing consensus that a lame duck session, with the pressure of the election removed, may create the atmosphere for a coronavirus relief package.  However, with several election outcomes possible, it is not clear which election results would create the best legislative environment.

Possibly the biggest unknown is the state of mind of a defeated President Trump.  Some in DC believe he would be focused on his legacy and may champion a broad bill to secure the success of the CARES Act to his record as President.  A lame duck stimulus is likely to include money for a mass inoculation program, and the President may want a program that ends the pandemic to be part of his legacy.

A victorious President Trump will be anxious to get the economy moving, and a large stimulus would undoubtedly be central to economic recovery.  Speaker Pelosi has made clear that she wants to see a stimulus bill in the lame duck; and the post-election Congressional session may ease some of the pressure between the Speaker and the President. 

There are two key dates: December 11 when the government funding bill must pass, and December 31 when over 13 million Americans lose their unemployment benefit without an extension by Congress.  Different scen...

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