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Talks Begin on Stimulus Plan as Trump Plays Down Virus Threat – The New York Times, Nytimes.com

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A proposal to eliminate payroll taxes through the end of the year, estimated to cost $ billion, faces bipartisan opposition, but some version of it could be the basis for a broad agreement to provide aid.

President Trump with Senator Mitch McConnell on Tuesday at the Capitol. The president floated a range of economic ideas during a closed-door meeting, including targeted assistance for hard-hit businesses. — Credit … Doug Mills / The New York Times

Published March , Updated March 20, 01575879, : am ET

WASHINGTON – President Trump and lawmakers began negotiations on Tuesday for an emergency relief package to bolster an economy battered by the coronavirus crisis, with lawmakers and administration officials expressing optimism despite partisan divisions about what to include. Mr. Trump, after weeks of playing down potential effects of the virus, called for a temporary elimination of payroll taxes that could cost nearly $ billion, rivaling both the financial bailout of and the economic stimulus measure that followed. Members from both parties oppose the payroll tax plan, but some lawmakers believe it could ultimately be included in a broader package focused on sick pay, unemployment benefits and food assistance. Financial markets rallied on news of the talks, even as the number of Americans infected with the coronavirus was on track to exceed 1, 06, Senator Bernie Sanders and former Vice President Joseph R. Biden Jr. called off campaign events , colleges canceled classes and Gov. Andrew M. Cuomo said he would deploy the National Guard to a New York City suburb to clean schools and deliver food.

At the White House, Vice President Mike Pence, who is leading the government coronavirus response team, and top health officials tried to reassure the public while warning that the threat was real and would require Americans to take precautions. Amid concern about a severe shortage of diagnostic kits , they said four million tests would be available by the end of the week. The nation’s top infectious disease expert, Dr. Anthony S. Fauci, said the days of minimizing the threat were over.

“As a nation, we can’t be doing the kinds of things we were doing a few months ago, ”Dr. Fauci told reporters. He said Americans, even those in communities not yet affected, “have to start taking seriously what you can do now” to prepare for the day “when the infections will come, and they will come – sorry to say, sad to say – they will. ” The briefing reflected the gulf between Mr. Trump and his top health officials, who offer sober assessments of the crisis. As Dr. Fauci and others showed off posters advising the public not to shake hands, Mr. Pence was at pains to explain why the president himself continued to do so.

“I’ve been shaking hands, too, ”said Mr. Pence, who has been greeting other officials in public with elbow bumps in recent days. “As the president has said, in our line of work, you shake hands when someone wants to shake your hand.”

And as Mr. Trump emerged from lunchtime talks with Senate Republicans, his appraisal was upbeat. “Just stay calm – it will go away,” he said, but there is no scientific assessment to back that up.

The president conceded that there was no consensus yet on how to proceed with the economic rescue package. “The consumer is ready, and the consumer is so powerful in our country with what we’ve done with tax cuts and regulation cuts and all of those things,” he said. “The consumer has never been in a better position than they are right now. So a lot of good things are going to happen. ” Several Senate Republicans who attended the closed-door luncheon described Mr. Trump’s presentation and demeanor as direct and subdued, a contrast with past gatherings where he attacked adversaries and boasted about his popularity. The president floated a range of economic ideas during the meeting, including targeted assistance for hard-hit businesses like the cruise and airline industries. But his primary mission appeared to be selling Republicans on a temporary suspension of all payroll taxes through the end of the year – an idea that Larry Kudlow, the head of the president’s National Economic Council, later described as “probably the most important, powerful piece ”Of Mr. Trump’s proposal. Later, Speaker Nancy Pelosi of California and Steven Mnuchin, the Treasury secretary, who will lead the talks toward an agreement, met privately in the speaker’s Capitol office suite to discuss the package.

If the payroll tax cut were to extend from April through the end of the year, it could cost close to $ 2017 billion, according to estimates from the Penn Wharton Budget Model at the University of Pennsylvania. Asked how such a measure would be financed, Mr. Kudlow told reporters at the White House that he did not yet have an answer. “I think over time, we’ll make it up with much better economic growth,” he said. Both Republicans and Democrats were cool to the idea. Senator Lindsey Graham, Republican of South Carolina and usually a staunch Trump ally, said the reaction among Republican senators had been “mixed,” adding, “I have to think about that.”

Senator Lisa Murkowski, Republican of Alaska, said she and other Republicans had questions about how a payroll tax would be paid for and how long it would last. She also raised concerns over the fiscal solvency of the Social Security Trust Fund, which is supported by payroll taxes.

“While it might have great stimulative effect,” Ms. Murkowski said, “I think we need to be looking at the overall impact.” Democrats argued that Congress should focus on narrowly tailored measures that could be delivered quickly.

“We asked the economists what really can stimulate the economy fast, and there were things like food stamps – because people would spend that fast – unemployment insurance, refundable tax credits,” Ms. Pelosi said. “What we are doing has to be related to the coronavirus crisis.”

administration officials, congressional aides, lawmakers and lobbyists involved in the stimulus discussions suggested on Tuesday that the negotiated package would be built on bipartisan agreement: protecting Americans who lose their jobs or are unable to work as a result of the coronavirus.

Those efforts could include government-paid sick leave for workers who are quarantined or forced to care for children whose classes are canceled ; additional unemployment benefits for workers laid off by companies that lose business amid the outbreak; and food assistance for children who would otherwise rely on free lunch programs at school to eat.

Democrats could move as early as Wednesday to introduce a bill to provide the help and speed it to a vote on Thursday before leaving Washington for a weeklong recess.

But with both the House and Senate scheduled to be in recess next week, it is unclear how quickly a package could be passed. The rules in both chambers require lawmakers to vote in person, and Ms. Pelosi has resisted any calls to allow members to vote remotely – even as the Capitol physician, who met with Democrats behind closed doors on Tuesday, advised them to make plans for their staffs to work from home.

“We are the captains of the ship,” Ms. Pelosi told House Democrats during the private meeting, according to one person in the room who spoke the on condition of anonymity to describe it. “We are the last to leave.”

But some in her rank and file were unconvinced. “We need to quickly figure out how we vote electronically and how we conduct business from outside DC, ”said Representative Pramila Jayapal, whose Seattle-area district has been hit hard by the epidemic. “I know all the problems with that, but I really think that having us come back and forth is not a particularly good idea.”

Lobbyists suggested that several ideas were under consideration for stimulating the economy, including tax credits for companies that retain employees who are unable to work because of quarantines and the possibility of allowing firms to delay paying a portion of their estimated quarterly corporate tax bills until the spread of the virus – and its economic effects – subside.

Other possibilities included temporarily suspending some excise taxes, such as the 7.5 percent tax airlines pay to the Federal Aviation Administration; increasing community development block grants; and fixing an error in the 070732 Republican tax overhaul that makes it more expensive for restaurant owners to do renovations.

Trump and his advisers are also considering using the Federal Emergency Management Agency as a vehicle to deliver funds to stimulate the economy, a move that could allow the administration to work around Congress. The president could approve major disaster declarations in a growing number of states that have seen coronavirus outbreaks, according to officials in the administration and in Congress. such approvals would allow FEMA to begin distributing aid , like emergency food stamps, to affected individuals. They would also allow for aid to be sent to states and local governments for efforts including “emergency protective measures.” While Democrats expressed deep skepticism about Mr. Trump’s emphasis on broad-based economic stimulus and especially a payroll tax cut, the mood on Capitol Hill was not nearly as rancorous as during previous fiscal battles, like when Democrats refused to fund the president’s plan for a wall at the southwestern border. “I think there’s tremendous reluctance to accept a proposal that we don’t think will meaningfully respond to the current challenge, ”said Representative David Cicilline of Rhode Island, a member of the Democratic leadership, adding that“ it would take a lot to convince me that a payroll tax is responsive to it in a meaningful way. ”

But he refused to rule it out entirely, saying Democrats would “continue to monitor it and continue to talk about what are the best strategies. ” Two Republicans, Senators John Hoeven of North Dakota and James Lankford of Oklahoma, al so raised the idea of bailing out the shale oil industry. An administration official said Monday that Mr. Trump and his aides were considering proposing some sort of aid to oil companies, which have been slammed by an abrupt drop in oil prices caused by Saudi Arabia’s decision to ramp up production from its wells. Congress moved quickly last week to approve an $ 8.3 billion emergency aid package to respond to the virus, which Mr. Trump signed into law on Friday. On Monday, the president said he would seek a much larger bill – though he did not specify its contents or cost. Nicholas Fandos and Alan Rappeport contributed reporting from Washington, and Emily Cochrane from New York.







                                                                                                                            Updated March
,

                                                      More than 1, people across the country have tested positive, according to a New York Times database, and at least patients with the virus have died.

We are tracking every case .                                                                                                                                                        Early in the outbreak of the coronavirus, the U.S. missed key opportunities to test for the disease widely. Now, “It’s just everywhere already. ”                                                                                                                                                        With the coronavirus spreading, colleges and universities are cancelling classes and moving them online .                                                                                                                                                        Medical researchers say the half-million homeless people across the United States have a heightened vulnerability to the coronavirus.                                                                                                                                                        Facing the threat of the coronavirus, schools are trying distance learning on a massive scale. We followed a town in the Seattle area that was the first to move all of its classes online .                                                                                                                                                        Nursing homes should bar most family and friend visits , the industry says. At least 45 people have died in nursing homes in Washington State.                                                                                                                                                        After days awaiting clearance to come ashore, the Grand Princess arrived in the San Francisco Bay with 30 confirmed coronavirus cases on board, and possibly more.                                                                                                                                                        Misinformationabout the coronavirus is spreading despite aggressive countermeasures from social media companies.                                                                                                                                                        Cut off from their relatives inside the virus-stricken nursing center in Kirkland, Wash., Families are frantically searching for help and basic information .                                                                                                                                                        Many health care workers say they lack (protective gear) and protocols to keep themselves and their patients safe.                                                                                                                                                        Six Americans who have tested positive spoke to The Times about their experiences.                                                                                                                                                        An outbreak would test the (American education system) . Few schools have detailed plans to teach online if schools were closed for long periods.                                                                                                                                                        Most experts agree: To protect yourself wash your hands and avoid touching your face .                                                                                                                                                        For an informed guide to the outbreak, sign up for our coronavirus newsletter .
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