>> AND WELCOME BACK AND WHEN
THE SHARES OPENING BELL.
I THINK WE'RE TRYING YORK
CONGRESS BACK IN WASHINGTON
THIS WEEK, BUT THAT DOESN'T
MEAN A A STALEMATE WILL BE
RESOLVED. LAWMAKERS STILL
UNABLE TO REACH A DEAL TO GET
MORE MONEY TO AMERICANS THIS IS
THE PANDEMIC SURGES HERE IN THE
U.S. JOINING US NOW IS SAM
BRODY CONGRESSIONAL REPORTER
OVER AT THE DAILY BEAST'S SAM,
ALWAYS A PLEASURE GREAT TO
SEE YOU IS IT POSSIBLE THAT WE
MIGHT GET A SECOND ROUND OF
CHECKS, POTENTIALLY BY THE END
OF THE YEAR, EVEN THOUGH WE
KNOW THE GOVERNMENT RUNS OUT OF
FUNDING IN 10 DAYS.
>> NO IT'S NOT GOING TO HAPPEN
I AND INVITE ME BACK AND I WILL
EAT MY SHOE OR.
THE STIMULUS CHECKS BUT NOW I
THINK IT'S ALMOST CERTAIN NOT
TO HAPPEN. I THINK THE CRITICAL
SIDE OF WHY THAT MIGHT BE THE
CASE
LAST DAY OR SO A GROUP OF
BIPARTISAN SENATORS HAS COME
TOGETHER TRYING TO PROVIDE A
MIDDLE WAY
FORWARD BETWEEN. SENATE
REPUBLICANS AND HOUSE DEMOCRATS
ARE ON
A COMPROMISE STIMULUS BILL JUST
SOME REALLY QUICK TARGETED
RELIEF IF YOU WANT TO CALL IT
THAT THAT COULD GO OUT TO
POPULATION HERE BEFORE THE END
OF THE YEAR, IT'S ABOUT
900 BILLION DOLLARS AND
INCLUDES A LOT OF
>> YOUR MONEY
>> YOU KNOW SMALL BUSINESSES
UNEMPLOYMENT RELIEF THAT KIND
OF
STUFF BUT NOWHERE IN THE BILL
IS THERE MONEY FOR STIMULUS
CHECKS. SO THAT TO AND OTHER
FOLKS I THINK IS A SIGN AT
LEAST FOR NOW DESPITE THE KIND
OF
BROAD SUPPORT ON ON BOTH SIDES
OF THE AISLE FOR ANOTHER ROUND
OF STIMULUS CHECKS THAT OF
FOLKS DON'T SEE IT
AS POSSIBLE. BEFORE THE END OF
THE YEAR AND CERTAINLY IT
DIDN'T MAKE IT INTO THE
COMPROMISE PACKAGE.
>> I MEAN SAM OBVIOUSLY NANCY
PELOSI AND MITCH, AND ALL
POTENTIALLY TRILLIONS OF
DOLLARS APART WHEN IT COMES TO
THIS BILL BUT PRESIDENT TRUMP
HAS ALSO HAS NOT BEEN PLAYING A
ROLE IN THIS WHATSOEVER THE
PRESIDENT OBVIOUSLY BEING
CONSUMED WITH OTHER THINGS LIKE
THE ELECTION IS THE FACT THE
PRESIDENT'S NOT PLAYING A ROLE
IN THIS AS TO ONE OF THE
REASONS WHY WE'RE NOT SEEING
THIS GET PUSHED THROUGH BY
CONGRESS AND SOMETHING STARTED
TO WORK HERE.
>> YOU KNOW IT CERTAINLY
STRIKING THAT THE PRESIDENT HAS
BEEN I MEAN UTTERLY ABSENT FROM
THIS, BUT I THINK IT'S
IMPORTANT TO REMEMBER
THAT HEAT HAS ALWAYS BEEN
SOMEWHAT ABSENT IN
THESE DISCUSSIONS. YOU KNOW PRE
PRIOR TO THE ELECTION HE HE
TWEETED ABOUT STIMULUS AND
CERTAINLY IT WAS ON HIS AGENDA
THINGS HE TALKED IN TWEETED
ABOUT BUT YOU KNOW
OVER THE PAST 6 MONTHS OR SO
THAT THESE NEGOTIATIONS HAVE
SORT OF SLOWLY UNFOLDED.
THE PRESIDENT HAS BEEN A HIS
DEPUTY TREASURY SECRETARY
STEVEN MNUCHIN HAS DONE.
BY FAR THE LION'S SHARE OF THE
WHEELING AND DEALING IN
NEGOTIATING WITH FOLKS ON
CAPITOL HILL, SAME GOES FOR HIS
CHIEF OF STAFF MARK MEADOWS
HE'S BEEN UP THERE FREQUENTLY.
TRUMP HAS
NEVER PERSONALLY BEEN INVOLVED
TO MEANINGFUL EXTENT IN THESE
NEGOTIATIONS SO I WOULD SAY
THAT IT'S VERY VERY STRIKING
THAT HE'S. YOU KNOW COMPLETELY
DISENGAGE NOW, BUT IT'S IT'S
NOT REALLY
A MAJOR KARCHER FROM WHERE
THINGS HAVE BEEN I CERTAINLY
DEMOCRATS FEEL THIS WAY BUT
THERE ARE REPUBLICANS ON THE
HILL WHO BELIEVE THAT. TRUMP'S
INVOLVEMENT DOESN'T NECESSARILY
HELP THINGS.
>> I'M MITCH MCCONNELL
YESTERDAY AS SAM REALLY LATER
INTO NANCY PELOSI HAS TO ONE OF
THE REASONS WHY BILL DIDN'T GET
PASSED EARLIER
AND THEN AUSTAN GOOLSBEE ONE OF
THE TOP ECONOMISTS FOR
PRESIDENT OBAMA WENT ON CNN THE
OTHER DAY AND ESSENTIALLY SAID
IF DEMOCRATS HAVE
TO ACCEPT HALF A LOAF OF BREAD
THEY SHOULD TAKE HALF A LOAF
AND THEN GET THE OTHER HALF OF
LOAF OF BREAD AT ANOTHER
TIME DO YOU FEEL LIKE THAT IS
GOING TO HAVE TO BE THE
STRATEGY HERE FOR DEMOCRATS
JUST ACCEPT HALF A LOAF OF
BREAD.
>> I I THINK IT'S HARD TO SAY.
I THINK THAT ASSUMES
YOU KNOW REPUBLICANS AND
DEMOCRATS CAN AGREE ON WHAT
HAVE TO LIVE
EVEN IS. YOU KNOW THIS THIS
BIPARTISAN COMPROMISE THAT'S
EMERGING IN THE SENATE.
WHICH AGAIN IS IS NO INDICATION
IT'S BACKED BY LEADERSHIP, YOU
KNOW IT'S 900 BILLION DOLLARS
THAT SIGNIFICANTLY UP FROM WHAT
MITCHELL I WAS BOOKED FOR IN
THE
PAST REMEMBER. BEFORE THE
ELECTION THE COST OF
500 BILLION YOU KNOW SO-CALLED
SKINNY STIMULUS BILL WHICH.
YOU KNOW BY ALL ACCOUNTS
REPRESENTED, YOU KNOW THIS SORT
OF BASELINE OF WHAT THE
REPUBLICAN CONFERENCE COULD
NIGHT HUNDREDS OBVIOUSLY MORE
THAN THAT
THE 2 CHILEAN THAT NANCY PELOSI
AND JOE BIDEN ONE IS OBVIOUSLY
MUCH MORE
THAN THAT. SO I THINK THAT'S
THE FIRST THING YOU KNOW THE
SECOND THING HERE IS
NO NO ONE IS WILLING TO COME
OUT AND SAY YOU KNOW JUST AMID
ALL THE ECONOMIC HURT. THAT'S
HAPPENING THAT PEOPLE SHOULD
JUST WAIT BUT JOE BIDEN WILL BE
TAKING IN
JANUARY AND HE WILL BE
LIKELY FAR MORE IN COVID
NEGOTIATIONS AND PRESIDENT
TRUMP WAS IN HE'S ON THE SAME
PAGE APPARENTLY WITH SPEAKER
PELOSI ABOUT ONE TO 2.2
TRILLION DOLLAR BILL AND I
THINK YOU WILL GET DEMOCRATS
WHO SAY
THAT LOOK. YOU KNOW WE HAVE AN
OPPORTUNITY HERE TO REALLY
GO BIG WHY WOULD WE ADDRESS
THIS WITHOUT REALLY ADDRESSING
THE FULL NEEDS OF THE AMERICAN
PEOPLE HERE AS WE SEE IT AND I
THINK
THERE CERTAINLY SOME UP ON THE
HILL AND THE DEMOCRATIC PARTY
YOU MAY BELIEVE THAT BY GOING
FOR HALF OF THAT OUT YOU MAKE
IT EASIER FOR MITCH MCCONNELL
TO SAY LATER ON THAT ADDITIONAL
RELIEF IS
NOT NECESSARY.
>> SEMI BRING UP JOE BIDEN IT'S
INTERESTING BECAUSE THEN IF WE
DON'T GET ANYTHING DONE BEFORE.
HE'S INAUGURATED ESSENTIALLY
WE'RE NOW WAITING UNTIL THE 1ST
QUARTER OF NEXT YEAR SO AFTER
JANUARY, THE
20TH FOR NEW BAG NEW
NEGOTIATIONS TO START.
BUT OBVIOUSLY THE LANDSCAPE OF
CONGRESS GOING TO LOOK A LOT
DIFFERENT THAN WHAT HE'S NOW WE
WERE POTENTIALLY GOING TO HAVE
A DIVIDED SENATE
AND YOU KNOW HOUSE DEMOCRATS
WILL HAVE THEIR SMALLEST
MAJORITY SINCE
WORLD WAR 2 IS THERE ANY
INDICATION THAT WE EVEN WOULD
GET
ANYTHING PASSED THEN AND WOULD
WE PUSH CONCEIVABLY SEE THIS
DRAGGED OUT EVEN FARTHER EVEN
AFTER JANUARY, THE 20TH.
>> IT'S A GOOD QUESTION I THINK
CERTAINLY THE THE ABILITY OF
EITHER SIDE TO
HOLD OUT. AS WE'RE GETTING INTO
FEBRUARY OF NEXT YEAR IF
THERE'S BEEN NO IS GOING TO BE
REALLY DIMINISHED.
I THINK IT'S IMPORTANT TO NOTE
THAT YOU KNOW SPEAKER PELOSI
WILL BE DEALING
YOU KNOW AS YOU SAY HERS, HER
SMALLS MAJORITY YET THAT I
THINK THERE'S A GROWING SENSE
AMONG SOME THAT THE FACT
YOU KNOW NO DEAL PASSED LAST
YEAR CONTRIBUTED TO SOME OF
HOUSE DEMOCRATS LOSSES SO
I THINK THERE'S SOME POSTURING
THAT'S HAPPENING RIGHT NOW, BUT
WHEN EVERYBODY IS SEATED NEXT
YEAR. I
THINK THERE WILL BE SOME
SERIOUS INCENTIVE ON ALL SIDES
TO GET SOMETHING DONE CERTAINLY
JOE BIDEN HAS TO GET SOMETHING
DONE IF IT'S NOTHING HAS UP
UNTIL THEN HE'S RUN A COVID HE
SPENT THE TRANSITION TALKING
ABOUT COVID IT'S A HUGE ISSUE
IN THE GEORGIA RACE IS
CERTAINLY YOU KNOW IF IF IF
THIS YEAR HAS BEEN ANY
INDICATION. EAT WHAT WE THINK
MIGHT
BE THERE RATIONAL OR OR
POLITICALLY SAVVY THING FOR THE
SIDES TO DO HAS NOT HAPPENED.
THE CALCULUS IS GOING TO CHANGE
NEXT YEAR AND I THINK AT A
CERTAIN POINT IT'S JUST GOING
TO BE UNTENABLE FOR FOR
CONGRESS NOT TO DO ANYTHING
THAT THE ECONOMIC HEADLINES.
ARE IN ADDITION TO THE PUBLIC
HEALTH HEADLINES ARE GOING TO
GET MUCH MUCH GREATER OVER THE