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And senate . Actual negotiations havent really started yet. H we are looking at the house producing their opening offer and all the stocks and that would be a bill looking to exceed 2 trillion and maybe even 3 trillion potentially when it is finally drafted and released. Sir sidney hoyer told fellow democrat they would not vote on it before friday so we are looking to see if it gets released from house leaders today in order to give members some time to review it and 72 hours to travel back to dc to vote on it by friday. Core of the bill would be to state and local governments which are suffering from a massive Revenue Office depend on sales tax for most of the revenue where most doors are closed. That has been out for state and local governments could approach charlie and dollars and they are looking significantly at a new round of Cash Payments to individuals that would be another round of 1200dollar checks that most people got from the march stimulus bill. We are not clear on the amount or whether it would be reoccurring but democrats have called for them to be quarterly to other employment drops below a certain level. What is the Comfort Level with that dollar figure amongst republicans . Republicans are starting to resurrect some of the earlier deficit concerns. Already the National Debt is looking to or i mean the mid budget deficit is looking to approach 5 trillion this year so a massive increase and there is concern and there is a key issue that whether states and localities should be bailed out. Via members like mitt romney sane look, theres no way around it. If we dont do the states will lay off their local employees and essential workers like firefighters and police at the local level and will lose their job and it will prolong the recession and ultimately backfire and cause loss of revenue down the line but others like rick scott of florida are saying no, some of the states have mismanaged their pensions and miss manage their finances so we cant just allow them to take advantage of this crisis to try to backfill these unrealistic life plan pension guarantees to state employees. I think at the end of the dateat you might see a copper mine is where there is guardrails and limits put on how states would spend any money but again we only know the total and there are some proposals in the senate like bill cassidy and others for 500 billion but democrats in the house are talking about and have dealt with that. What is the white house comfort with this effort . White house has been all over the place. The president has talked about the need for another package but has specific demands including a payroll tax cut which is very expensive and could also be less targeted than others efforts. This would go to people who still have their jobs as opposed to those who have lost it or are struggling and even among republicans that idea and the president has called for to trillion dollar infrastructure package and weth are not seen an appetite for that and either party although democrats are talking about broadband and water bailout but then once some you know, Freedom Caucus and other members consulted with the president on friday he came out and said theres no rush to do a bill so he has adopted this position that there is no rush to do another bill and we are t not sure thats a negotiating tactic or he means it. This is eric reporting from bloomberg. If the timetable is friday what has to happen between now and then . We need to see [inaudible] and scored by the cbo with the congressional budget office. It would come down to today and if its not today i dont think they will be in a position to vote on it by friday and there is concern from members about flying into town friday and it may make sense to come back the following tuesday which is the other option and significantly the senator told them they would vote on potential rule changes but a vote to allow committees to perform their duties remotely and to allow proxy voting on the floor and this is an issue for potable members, elderly members, sick members, members caringck for sick loved ones who would want the ability to cast their vote by proxy and another lawmaker would be able to go into the House Chamber and with preauthorization from the other member cast their vote. Ms. Watson a bloomberg you can see us writing at bloomberg. Com and we thank you for your time. The senate is returning from its recess for their weekly party caucus meetings, earlier lawmakers voted to confirm Ryan Montgomery to be deputy housing and urban Development Secretary and now they vote to limit debate on the nomination of troy edgar to be chief financial officer. The apartment of homeland security. Live coverage of the u. S. Senate here on cspan2

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