In this edition: The newly bitter politics of the Cares Act, the closing messages in next week’s primaries, and the president cancels a rally while donning a mask.
All of these newsletter items are cakes, and this is The Trailer. The Cares Act, a $2 trillion stimulus bill designed to float American workers and businesses through the coronavirus recession, passed with almost unanimous support.
If any government program might be robust enough to survive campaign politics, it would be this — an election-year deal between an unpopular president and a party that desperately wants to beat him.
Yet in the past week, “the single biggest relief package in American history,” as President Trump accurately labeled the legislation, has evolved toward the political fate of most other spending bills.
Candidates who benefited from it, however indirectly, are accused of taking handouts; calls for another round of benefits have been muted.
Less than two weeks before the bill’s expanded unemployment benefits expire, the Cares Act has emerged as a political stumbling block in House and Senate races.
The Paycheck Protection Program, which provided loans that companies are to repay and has helped at least temporarily halt some business losses, gets attacked as a […]
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