INSTEAD, THE WHITE HOUSE is finalizing executive orders to try to halt evictions and student loan payments, suspend the payroll tax and extend enhanced unemployment insurance. The signing of these executive orders could come as soon as this evening.
DEMOCRATS will point to the $3 trillion bill they passed in the House in May as evidence that they were ready for the kind of legislating that the moment requires.
HERE’S THE CATCH with all of this: Congress will have another bite at this apple. Even though there’s an election in 88 DAYS, there will be a government funding fight in 54 DAYS, as well.
THE PERSONAL POLITICS HERE ARE IMPORTANT, too. MNUCHIN has gotten a few big deals with Democrats that TRUMP has signed. But he has also grated on the nerves of Republicans, who believe he’s quick to give away the farm to Dems.
MEADOWS is in the room to represent that agita among rank-and-file Republicans, and ensure MNUCHIN doesn’t do it again. It’s fair to say that TRUMP has competing interests here: If he were in a room with SCHUMER and PELOSI, we have no doubt he would cut a massive deal with them
But he is unusually afraid of losing his base -- a fear partially stoked by people like MEADOWS over the last four years.
MAYBE THE THREAT OF THE E.O. forces changes. Maybe the job report unlocks something. It just seems unlikely at this point. It’s not even clear that negotiators will meet on Capitol Hill today.
You can follow @JakeSherman.
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