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POLITICO Playbook: Where's the $2 trillion in spending?


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Updated
12/17/2020 10:11 AM EST
2020-12-17T10:11-0500
Speaker Nancy Pelosi said upon leaving the Capitol, “I think we’re in good shape but a lot of writing goes into it.” | Tasos Katopodis/Getty Images
DRIVING THE DAY ....

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MTA puts off draconian cuts — Judge declines to block ranked-choice voting — Cuomo opposes special session to raise taxes


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It won’t be doomsday for subway riders quite yet, after the MTA
approved a $17 billion budget holding off on the drastic service cuts it has threatened because of its pandemic-induced financial crisis.
Instead, the transit agency’s
budget assumes fingers crossed that it will get a $4.5 billion cash infusion from the federal government. That’s roughly the amount Sen. Chuck Schumer has been
trying to secure for the transit system in recent stimulus bill negotiations. So gone, for now, are the 40 percent reduction in subway service the MTA had proposed. If the money comes through, it would be enough to close the MTA’s deficit for 2021 but still leave an $8 billion deficit in the following years. If it doesn’t come through, the service cuts and large scale layoffs could be resurrected in the new year. ....

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Covid cash concern — Lauren Book's 2022 play — How loyal is DeSantis to Trump? — Vaccine plan forms


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Good Thursday morning.
The daily rundown: Between Tuesday and Wednesday, the number of Florida coronavirus cases increased by 11,541 (0.1 percent) to 1,155,335; active hospitalizations went up by 43 (0.8 percent), to 5,145; deaths rose by 122 (0.06 percent), to 20,204.
Good news, bad news After months of no action to soothe a nation left hanging amid a global pandemic, Congress appears ready to do something. There is, however, a catch for cash-strapped states, including Florida: The $900 billion deal being considered does not include direct state and local funding. ....

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