Fourth relief bill on track, but fight looms over fifth
WASHINGTON — Congress is on the verge of passing an almost $500 billion coronavirus relief bill, but battle lines already are forming over the next measure amid growing demands to approve additional billions for state and local governments, the Postal Service and even infrastructure.
The talk of a fifth measure is running into early opposition from conservatives, chiefly Senate Republicans, who warn the spending spree can’t go on indefinitely. The GOP senators saw their request to replenish a Paycheck Protection Program nearly double in size, as Democrats persuaded President Donald Trump to support additional funding for underbanked communities, health providers and a national testing initiative.
So far, big spending is carrying the day, pushing the projected deficit for the current year past $3 trillion — more than double the previous record from the Great Recession.
The House is expected to vote Thursday on a $483 billion measure already passed by the Senate, which as its centerpiece would add $321 billion to replenish a smallbusiness payroll fund, while pumping more money into hospitals and testing.
Trump says he’ll sign it into law.
Supporters of the Paycheck Protection Program warn that this week’s refill may only last a few days, likely putting business groups back at Washington’s doorstep, along with the nation’s governors and the cash-strapped Postal Service.
House Speaker Nancy Pelosi, D-Calif., said Wednesday on Bloomberg Television that more funding for state and local governments — there’s already $150 billion allocated in last month’s $2 trillion coronavirus package — means support for “the health care worker, the police and fire, the first responders, the emergency services people, the teachers in our schools, the transportation workers who get vital, essential workers to work.”
Senate Majority Leader Mitch McConnell, R-Ky., meanwhile, is testing the brakes. After Tuesday’s Senate vote, McConnell said there will be a lengthy Senate debate on the next package before billions more in spending will move through his chamber.
“We haven’t had much discussion about adding $2.7 trillion to the national debt and the way that could indeed also threaten the future of the country,” McConnell told conservative radio host Hugh Hewitt.
Trump has said he supports including fiscal relief for state and local government in another virus aid package along with infrastructure projects, but McConnell said the Senate is
“going to push the pause button here.”
“We all have governors who would love to have free money,” McConnell said.
Given McConnell’s comments, it’s not clear how soon the next bill can advance. There’s also the question of when Pelosi and McConnell feel comfortable reopening Capitol Hill, though Trump has signaled he wants discussions to begin as soon as Congress finishes the current legislation. The Senate is scheduled to return May 4.
The Senate passed the bill by voice vote Tuesday, and the House is expected to pass it overwhelmingly in a roll call vote Thursday.
Most of the bill’s $331 billion would go to boost the small-business payroll loan program. There would be $100 billion for health care, with $75 billion to hospitals and $25 billion to boost testing for the virus. There is $60 billion for small-business loans and grants.
Among the targets for the next bill is the Postal Service, which has more than 600,000 workers and is hamstrung financially by COVID-19-related revenue losses and pension funding requirements.