There were several meetings on Capitol Hill today about the idea to have a coronavirus stimulus bill but at this point there is more uncertainty than agreement. Apparently when the President met with Senate Repubicans there were some reservations with the idea of payroll tax relief as the relief goes to people who haven't lost their jobs. The Democrats and some Republicans are beginning to look at putting money into the state unemployment compensation funds to make claiming relief easier and quicker. The Democrats have proposed making the coronavirus test free for all, a plan I would expect to be adopted. More money for the Small Business Administration SBA is also something I am hearing talk about. Perhaps the biggest development of the day was word that the President has asked Secretary Mnuchin to work with Speaker Pelosi.  Mnuchin and Pelosi negotiated the budget agreement which avoided a government shutdown last year.  They apparently had a brief meeting this afternoon.

Timing:  I believe this will move quickly and a possible target date is April 3 which is the day Congress is scheduled to leave for their spring break.  I can't imagine them going home without passing some coronavirus package.

As the press has been reporting there is an acknowledgeme...

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