Nancy made her deal

Speaker Nancy Pelosi (D-Calif.) and President Trump struck a deal Friday evening on a multibillion-dollar stimulus package aimed at assisting millions of Americans directly hurt by the coronavirus outbreak.

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Just hours before the deal was announced, Trump suggested in a Rose Garden address that he wasn’t on board, raising doubts that the two sides could come together.

  The Hill

And then they showed him Nancy's press conference?

“We are proud to have reached an agreement with the Administration to resolve outstanding challenges, and now will soon pass the Families First Coronavirus Response Act,” Pelosi wrote in a letter to her Democratic colleagues.

The agreement struck Friday aims to ease some of the economic stress by providing financial assistance to those most directly affected by the crisis, including unemployment and paid leave benefits. Perhaps more importantly, the deal aims to calm some of the public trepidation and market turmoil of recent weeks by demonstrating that Washington policymakers can put aside partisan differences and unite quickly behind an emergency response befitting — at least in rhetoric — the severity of the crisis.

I don't know what the final final was. Here's what was in the bill as of yesterday:

The legislation contains the second supplemental appropriation for coronavirus response in a week, after the President signed the first $8 billion coronavirus appropriation act last Friday.

The appropriations in the legislation include increases in funding for benefit programs like WIC ($500 million) and Commodity Assistance ($400 million). The legislation also provides $250 million to the Department of Health and Human Services for Aging and Disability Services Programs, including for home-delivered meal programs.

The legislation allows for temporary expansions in the food stamp program to account for children who cannot receive school meals due to closures and provides open-ended funding to the Secretary of Agriculture to administer this expansion. It further designates $100 million for grants to Puerto Rico, American Samoa and CNMI for nutrition assistance.

The legislation suspends the administration’s effort to end waivers of the longstanding food stamp work requirement for able-bodied childless adults (who would otherwise be expected to work or participate in training part time to continue collecting food stamps for longer than three months in a three-year period).

The legislation includes a new “emergency paid leave program” for individuals diagnosed with coronavirus, quarantined in order to prevent its spread, or who are caring for someone with coronavirus, quarantined, or whose school has closed. This new entitlement program would be administered by the Social Security Administration and operate for the next year. Benefits would equal two-thirds of prior average wages, are capped at $4,000 per month, and are not taxable. Key eligibility terms are based on self-attestation.

The legislation also includes a new entitlement program for “Paid Sick Days for Public Health Emergencies and Personal and Family Care,” administered by the Department of Labor.

The legislation provides all states a share of $1 billion in unemployment insurance (UI) administrative funding, payable based on each state’s taking actions to expand access to UI benefits.

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The legislation requires all health plans (including Medicare, Medicaid, and Tricare) to provide for full coverage of testing for coronavirus.

The legislation increases the federal share of Medicaid costs (known as the FMAP rate) by eight percentage points, but only if states maintain or increase current eligibility and other program standards.

Funding in the bill is declared emergency spending.

  AEI