Some analysts worry a Senate procedural brawl over nominating and confirming a replacement for Ruth Bader Ginsburg on the U.S. Supreme Court will take lawmakers’ attention away from already dicey fights over keeping the government open and approving more coronavirus aid.
There’s no deadline for approving a second large coronavirus aid package, but prior to Ginsburg’s death the assumed timeline on Capitol Hill was similar to the one for the so-called continuing resolution. Putting pressure on lawmakers is a threat by airlines that they will have to start mass layoffs in October without new help from Washington.Still, with only six days left in session for the House and Senate before Sept.
“And while we expect a package eventually, the probability of no action until after the election has risen significantly,” he wrote. ” That was true even before the Supreme Court suddenly became an issue.” “Another fiscal package was always likely before the midterms mainly because it is essentially just re-upping Phase 3 and adding a liability shield. This isn’t particularly tough policy and the framework hasn’t really changed since the Spring. The Supreme Court fight is likely to take all the oxygen on Capitol Hill through November,” he wrote in a client note.
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