Another Half-Trillion: Senate Reaches Deal On Rescue Package

The NPR Politics Podcast

NPR

Daily News, Politics, News

4.4 • 25.7K Ratings

🗓️ 21 April 2020

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

The $484 billion bill is expected to approved by the Senate Tuesday afternoon. The largest component of the legislation, according to a summary obtained by NPR, is more than $320 billion for the Paycheck Protection Program, a popular assistance program created last month in an earlier relief package knows as the CARES Act. The package also includes $75 billion for hospitals and $25 billion for testing.

This episode: White House correspondent Scott Detrow, congressional reporter Claudia Grisales, and chief economics correspondent Scott Horsley.

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Transcript

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0:00.0	Hi, this is Noel, sheltering in place in Oakland, California.
0:05.0	It is day 30 of my 30-day push-up challenge, where I will be doing 50 push-ups.
0:12.0	This podcast was recorded at...
0:15.0	That's a good use of time at home. It's a 205 Eastern on Tuesday, April 21st.
0:22.0	Things may have changed by the time you hear this, but one thing will not change.
0:27.0	That will have done 50 push-ups. Enjoy the show!
0:32.0	There you go. One more step towards those Stanley Tucci biceps.
0:37.0	Wow. Hey there! It's the Empire Politics Podcast.
0:42.0	I've got Detreo, I cover the White House.
0:44.0	I'm Claudio DiSallis and I cover Congress.
0:46.0	And I'm going to horse like I cover the economy.
0:48.0	I think we'll circle back to this on Friday, but did anyone else see the video I'm referencing?
0:52.0	Yeah. Yeah. Wait, which video?
0:54.0	Stay tuned for Camp Let It Go. That's all I'll say right now.
0:56.0	Oh, nice. Can't wait.
0:59.0	A lot to talk about today. Leaders on Capitol Hill have reached a deal on another recovery bill.
1:04.0	Claudio, it feels like we were just talking about this unprecedented two trillion dollar bill, the largest in history.
1:11.0	That was less than a month ago. So why is this measure needed and what is this measure focusing on?
1:17.0	Yes, it's a signal of how fast they're burning through some of this money that's already been approved.
1:23.0	In particular, the Small Business Program has been overwhelmingly popular.
1:28.0	That was part of that two trillion dollar bill that was passed last month.
1:31.0	It's run out of money. And now lawmakers are looking at a new measure to supplement this massive bill and add more money for small businesses.
	...

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