10 Things in Politics: Biden kicks off stimulus tour


Summary List Placement

Good morning! Welcome back to 10 Things in Politics. I’m Brent Griffiths. Sign up here to get this newsletter in your inbox each day.

Send your tips and thoughts to bgriffiths@insider.com or tweet me @BrentGriffiths.

Here’s what you need to know:

Democrats are ready to ram through Biden’s stimulus plan
Millions remain without power during winter storms
What a key conservative event shows about the GOP civil war

1. BIDEN GOES BIG AWAY FROM HOME: President Joe Biden isn’t reducing his $1.9 trillion relief plan. Pitching his proposal during a prime-time town hall, Biden argued that now is not the time to be timid.

“Now is the time we should be spending. Now is the time to go big,” the president told Wisconsinites in his first major trip outside of DC. Biden said that a smaller stimulus during the Great Recession complicated the recovery then.

Republicans aren’t so sure. Right now, the counteroffer from a group of GOP senators stands at $618 billion. Many Republicans simply reject the argument that now is the time for massive spending. 

 What this means: Unless something changes, Biden’s package could pass with scant or no bipartisan support.
Key quote: “This is ten times too big,” Douglas Holtz-Eakin, president of the right-leaning American Action Forum told Insider. Read the GOP counterpunch here. 

Democrats are still ready to ram this through. House Majority Leader Steny Hoyer said a full vote on the proposal could come next week. 

The rest of the calendar: Next up would be the Senate, where Democrats are relying on Vice President Harris’ tie-breaking vote. If amendments are passed, the House could send the bill to Biden the week of March 8. The Senate would also need to thread the bill through the difficult procedure of budget reconciliation, which could well kill a plan to raise the minimum wage to $15 per hour. 

  Here's what Trump's tax returns could mean for the investigations into his finances

He who shall not be named: Biden went to great lengths to avoid talking about former President Donald Trump. At one point, he called Trump “the former guy” and later simply offered “I’m tired of talking about Donald Trump.”

2. An upcoming event shows the GOP’s civil war is just beginning: The first big post-election Republican event has a very MAGA feel. Donald Trump Jr. and lawmakers who endorsed the debunked theory that Trump won the presidential election are set to speak at CPAC.

Meanwhile, top officials like Senate Minority Leader Mitch McConnell are absent. Read the full report to see how Trump’s grip on the GOP is going nowhere fast.

MAP: See where millions of Americans were left without power.

3. Nearly 4 million Americans were without power amid bitterly cold temperatures: Some Texans are being told that they should not expect power to return even into Wednesday. At least 10 people have died in the state as the Texas Tribune reports some residents are living out of their cars or burning personal belongings to stay warm. 

Twisting in the wind: Gov. Greg Abbot (R) went on Fox News last …read more

Source:: Businessinsider – Politics


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