Dr. Chhoda provides the community with the current status of stimulus negotiations, and a draft of a letter intended for viewers and subscribes to send to local lawmakers instantly.
You don’t need to print an actual letter or go to the post office if you don’t want to, simply send them this letter through the lawmaker’s website.
Now that the jobless rate has fallen to 8.4%, the President and the Vice President have more leverage in their negotiations with the Democrats, as seen in the President’s tweets and the Vice President’s interview this morning on CNBC. This also makes the Democratic demand of $2.2 trillion a tough ask in the coming days.
Dr. Chhoda provides the latest update on the distribution of the $300/week from the Lost Wages assistance program. 45 states have applied for and have been approved to issue the extra $300 weekly federal unemployment benefits for at least three weeks.
Dr. Chhoda analyzes some contradictory, interesting statements from public officials about voting, public health safety and the big one – the President’s tax returns.
In this video, Dr. Chhoda explores five likely outcomes of the second stimulus and enhanced unemployment benefit extension negotiations.
1. A relief bill could pass with consensus from both sides
2. Smaller bills could pass instead of one comprehensive bill
3. The president could initiate more executive actions
A White House memo approved by the President aims to block federal funding from places administration labels ‘anarchist jurisdictions’ – this five-page memo says Portland, Seattle, Washington D.C.; and New York City should face particular scrutiny.
This letter was addressed to Democratic colleagues today.
The Senate is set to return from its summer recess next week, with no clear path forward on a consensus for a second stimulus package.
KEY COMMENT FROM SENATOR SCHUMER IN THE LETTER (refer to description section below to read the full letter)
In this video, Dr. Chhoda explores:
1. The link between the stock market and the first stimulus check
2. The president’s fascination with the stock market
Dr. Chhoda breaks the announcement from Vice President Mike Pence, who said this morning on CNBC that the White House, Congress have reached agreement to avoid shutdown without adding stimulus relief.
Dr. Chhoda provides the latest information on:
Which states have been approved for the extra $300 weekly unemployment payments
Do recipients have to do anything in particular to receive benefits in that state?
When can recipients expect their money
ENCOURAGING SIGN FROM WHITE HOUSE: WILL WORK WITH DEMOCRATS FOR MORE STIMULUS, UNEMPLOYMENT BENEFITS
Dr. Chhoda analyzes key comments from US Treasury Secretary Steven Mnuchin at a recent House Subcommittee meeting. Secretary Mnuchin represents the administration as a key negotiator in talks with Speaker Pelosi and Senator Schumer.
In this video, Speaker Pelosi shares a written statement about a new 36 minute call with US Treasury Secretary Steven Mnuchin, in which an important new revelation is made about the state of the negotiations.
