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The Playbook Podcast

March 26, 2020

The Playbook Podcast

POLITICO

Politics, Government, Daily News, News

3.9699 Ratings

🗓️ 26 March 2020

⏱️ 4 minutes

🧾️ Download transcript

Summary

The massive emergency bill passes, Bernie Sanders acts like he’s staying in the race for a while and more in today’s Audio Briefing.

Transcript

Click on a timestamp to play from that location

0:00.0

Good Thursday morning. I'm Anna Palmer and welcome to your Politico Playbook Audio Briefing.

0:05.3

And I'm Jake Sherman. Today is Nancy Pelosi's 80th birthday and the emergency coronavirus bill.

0:10.2

All 880 pages of the behemoth has landed on the House's doorstep after a late-night unanimous vote in the Senate, 96 to nothing.

0:19.1

Four Republican senators ran Paul of Kentucky, Mitt Romney of Utah,

0:22.4

Mike Lee of Utah, and John Thune of South Dakota did not vote. Thune, the second-ranking

0:27.6

Senate Republican, was sick and went back to South Dakota out of an abundance of caution on a

0:32.8

charter flight with a member of his police detail, his spokesman said he wore a mask the whole

0:37.2

flight.

0:38.1

Senate Majority Leader Mitch McConnell called it a proud moment for the Senate last night,

0:42.3

while Senate Minority Leader Chuck Schumer said the Phase 3 coronavirus bill was one of the most

0:47.1

major pieces of legislation we've done.

0:50.3

The bill was delayed at the last minute because Schumer wanted the terms of all loans made to businesses made public within seven days, according to AIDS in both parties.

1:00.4

The New York Times points out the bill contains special deals for industries like restaurants and realtors, community banks, and for-profit colleges.

1:08.4

The Washington Post notes that the bill also contains money for Howard University,

1:12.5

the Kennedy Center, and the National Endowment for the Humanities.

1:15.5

All of that money is for fallout from the coronavirus.

1:18.8

You could cross one off of the phase four list.

1:20.8

The United States Postal Service, which is going broke, got $10 billion in this bill.

1:25.6

The Wall Street Journal had the early market reaction with this headline.

1:28.2

Global stocks retreat after back-to-back gains in the Dow.

1:31.6

The Washington Post analysis, the $2 trillion bill will not prevent a recession, they say.

1:36.6

The Senate's next scheduled vote is April 20th, but McConnell noted from the floor last night

...

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