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Finally, a Deal

Slate News

Slate Podcasts

Politics, News, News Commentary

4.56K Ratings

🗓️ 22 December 2020

⏱️ 25 minutes

🧾️ Download transcript

Summary

Congress has agreed on another stimulus package, but to do so both Republicans and Democrats had to give up on high-priority demands. Why did this bill take so long, and why isn’t anyone all that excited about it?

Guest: Jordan Weissmann, Slate's senior business and economics correspondent

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Transcript

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0:00.0

Every few weeks, I've been calling up Slate's Jordan Weissman to check in on Congress,

0:10.3

specifically whether Congress is planning to vote on additional coronavirus stimulus anytime soon.

0:16.9

His answer was usually no.

0:20.1

In September, Jordan said the economy was bumping along just well enough to squelch any motivation for a deal. In October, the president seemed ready to make stimulus happen, but Congress couldn't agree on what it should look like. Now it's December. We've got a stimulus deal.

0:38.9

But is anyone happy with what we got here?

0:42.6

I think Democrats are relieved.

0:47.3

Different than happy.

0:49.0

I don't know if anyone's like, you know, no one's popping champagne corks.

0:54.8

It's a B plus work, right?

0:56.3

Like, I mean, and, you know, I hate being one of those journalists being like, Congress

1:01.6

didn't do a great job because like Congress isn't really one, you know, isn't a person, right?

1:07.1

Like, you can't yell at Congress.

1:08.6

Like, it's different competing interests.

1:13.7

In this case, all these competing interests meant everybody got a little something,

1:19.8

and everybody lost a little something, too. The lesson for me, looking at what's happened over

1:26.4

the last six months, is that it's got to get really bad for everyone to come together and actually agree on something in this political environment, like really bad.

1:38.3

I think that's actually almost too optimistic of a read of what's taking place here.

1:48.2

I think there's just sort of a sense of realism now that this could be their last best shot

1:53.3

to get a lot of relief money before Joe Biden is president. Mitch McConnell might not pass

1:59.4

something after this. So you kind of have to take what you can get right now.

2:05.4

Today on the show, is this stimulus plan a congressional Christmas gift or more like a white elephant?

2:12.8

I'm Mary Harris. You're listening to What Next? Stick with us.

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