The Politics of Pandemic Relief

In March, Congress pushed through a relief package that preserved the U.S. economy during the pandemic. It felt like government functioning at its best.But now, that money is running out and bipartisanship has given way to an ideological stalemate.While Republicans balk at plans for further significant government spending — even those coming from the White House — Democrats are holding out for more money and a broader package of measures.The absence of a deal could have dire consequences. One economist estimates that without a stimulus package, there could be four million fewer jobs next year.We talk to Jim Tankersley, who covers the economy for The Times, about what’s getting in the way of an agreement.Guest: Jim Tankersley, who covers economic and tax policy for The New York Times.For more information on today’s episode, visit nytimes.com/thedaily Background reading: After posting on Twitter that he was ending talks, President Trump reversed course, raising the stimulus offer to $1.8 trillion. But his own party may reject that plan, handing Democrats fresh leverage.While Democrats hold out for more concessions, deep divisions among Senate Republicans stand in the way of any relief bill. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.