PRESENTED BY BY JOHN BRESNAHAN, ANNA PALMER AND JAKE SHERMAN THE TOP Getty Images So what do we think about the prospects of President Joe Biden’s big coronavirus relief bill? Well, here is something you’ve probably picked up about us — we’re skeptics. And you won’t be surprised here that we’re skeptical Biden can get anything resembling his $1.9 trillion “American Rescue Plan” through Congress. At least not in its current form. We’re also skeptical that Democrats will be able to pass anything by March 14, which is when $300 weekly federal unemployment payments run out. Reconciliation — the wonky budget mechanism that triggers a 51-vote threshold for passage in the Senate — is complicated. It takes time. Democrats and the White House would need everything to break their way. And nothing like this ever goes off without a hitch. Let us explain what you should expect: → The House Budget Committee may begin work next week on a budget resolution that would include reconciliation instructions — this is the beginning of the process that allows for the 51-vote threshold in the Senate. To meet the mid-March target date, Democrats gotta move fast. Expect some decisions this week on what their plan is. → The Senate Budget Committee will be led by Sen. Bernie Sanders (I-Vt.) in this Congress, and he’s anxious to get to work. “What we cannot do is wait weeks and weeks and months to go forward. We have to act now,” Sanders said in CNN’s “State on the Union” on Sunday. Senate Majority Leader Chuck Schumer (D-N.Y.) and Senate Minority Leader Mitch McConnell (R-Ky.) are still clashing over the future of the filibuster, and the Senate is not yet organized. But a Senate source working on the issue said “Democrats can bring a budget resolution no matter what.” → Yet bringing a budget resolution to the Senate floor means there will be a “vote-a-rama” — wahoo! That means any senator can offer an amendment to the budget. In 2017, there were more than 700 amendments to the budget resolution. There’s gonna be more this time, bank on it. Our sources tell us to expect more than 1,000. These amendments are mainly for messaging purposes and only a fraction will get an actual vote. But they slow the process down big time. → Once both chambers have gotten past this hurdle — and it will be time-consuming — the House and Senate committees have to get down to writing the actual bill. The Ways and Means Committee has a big chunk of the work to do in the House — same with the Senate Finance panel — but Biden’s proposal is so broad, other committees will get pulled in too. Vaccination and testing programs, food stamps, school aid, raising the minimum wage to $15 per hour — the Biden plan is hugely ambitious. The House passed many of these provisions as part of the Heroes Act last Congress, yet it all has to be passed again. And then it all has to withstand Byrd Rule challenges in the Senate. The Byrd Rule limits what kind of policies can be included as part of reconciliation. So Democrats could see some critical elements of their bill — like the minimum wage — knocked out. Bottom line: Democrats and the White House could meet their target. It’s not impossible. But it’s unlikely. They’ll have to come close to a perfect game to do it. Also: The Senate Sweet 16™ met with NEC Director Brian Deese Sunday. The general vibe was they needed vaccine money to start moving. (Read POLITICO’s Laura Barron-Lopez and Burgess Everett on that.) So this is an interesting opportunity for the Senate bipartisan group and the Problem Solvers Caucus. This is the kind of space in which they can have an impact. Do they push their leaders to move a vaccine funding bill ASAP? That would be smart. But it would steepen the hill for a big package. Decisions, decisions, decisions. PRESENTED BY AT&T Nearly 17 million kids don’t have the high-speed internet they need to connect to learning. The homework gap has existed for decades, but the pandemic made the problem – and the need for a solution – more pressing. Read our plan to learn how we can commit to closing the homework gap together and connect students to brighter futures. I-DAY Trump’s 2nd impeachment trial begins At just before 7 p.m. tonight, the House managers will march their article to impeach former President Donald Trump to the Senate chamber, triggering the formal start of the trial. Senators will be sworn in tomorrow. However, the really important part of the proceedings will not begin until the week of Feb. 8. Here are a few things we’re watching out for: → Trump’s operation: During the last impeachment, Trump had then-Rep. Mark Meadows, lead lawyer Jay Sekulow and White House leg affairs director Eric Ueland running his Hill operation. Who will be the point person for him on the Hill this time around? Trump has been talking to Sen. Lindsey Graham (R-S.C.), who helped him find lawyer Butch Bowers. Bowers will coordinate with leadership lawyers on timing and the overall legal strategy. → How long does the trial last? The trial guidelines that Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell announced Friday were a compromise and simply an outline. McConnell wants to give Trump more time to prepare; Schumer wants it over as quickly as possible. The Senate is set for the week-long Presidents’ Day recess beginning Feb. 15; does the trial extend into a second week? Are witnesses called? Lots of questions on this front. Few answers. → Of course, we’re all going to be watching out for the small number of GOP senators who may be in play this time around. They’re going to get quieter once the trial begins because they’ll say they are jurors now. We really don’t believe there will be 17 Republicans who could vote to convict, but here are some senators we will be watching out for: → McConnell and his leadership team — we think he’s unlikely to vote to convict, but he’s the leader, so you gotta keep an eye on him. … → Potential “Yes” votes: Sens. Mitt Romney (Utah), Ben Sasse (Neb.), Susan Collins (Maine), Lisa Murkowski (Alaska) and Pat Toomey (Pa.) are all on this list so far. → Those Republicans up for reelection in 2022 make up a key bloc too. Todd Young of Indiana, Roy Blunt of Missouri, Mike Crapo of Idaho, Jerry Moran of Kansas, Rob Portman of Ohio, and James Lankford of Oklahoma are in this category, and they all know a vote to convict Trump could have big political implications, despite their outrage at what happened on Jan. 6. Richard Shelby of Alabama and Chuck Grassley of Iowa are on retirement watch. Richard Burr of North Carolina has already announced he’s not running. JOE BIDEN Biden’s buy America agenda President Joe Biden has a set of new executive orders dealing with buying American-made goods. Check out the executive order here. It came off embargo at 5 a.m. D.C. time. PRESENTED BY AT&T Read our plan to learn how we can commit to closing the homework gap together and connect students to brighter futures. LUKEWARM BATH WATER McCarthy on Cheney Getty Images It doesn’t get more tepid sounding than this: House Minority Leader Kevin McCarthy told Greta Van Susteren on her Sunday show “Full Court Press with Greta Van Susteren” that he supports Rep. Liz Cheney’s bid to stay as House Republican Conference chair — but with lots of qualifications. Take it away, Kevin:
So, let’s extend this construct a bit. What questions can she answer to make people happy? She runs the party’s communication arm, voted to impeach the president and didn’t tell McCarthy about it. So, it’s not entirely clear what people will want to hear and what will get her out of the situation. Will she promise not to do it again — LOL? McCarthy’s remarks here leave the door wide open for Cheney’s opposition to continue their steady march to removing her. Of course, McCarthy has his own internal politics to play — and that’s obvious here. Does Cheney want to be in leadership? She has already supported a primary challenger to a sitting member — Rep. Tom Massie (R-Ky.) — and now she’s against a GOP president. Her people insist she does. Punch List: Axios’ Alayna Treene had an item yesterday with McCarthy’s office suggesting that they have been taking it on the chin recently. BECOME A PUNCHBOWL PREMIUM MEMBER Have you been enjoying Punchbowl Midday and PM? Starting next Monday, Feb. 1, only Punchbowl Premium members will continue receiving Midday and PM (as well as access to exclusive events, breaking news, etc.). We know you’ve been reading and we’d love to have you in the Premium community. Subscribing is easy, and we promise we’ll make it worth your while. Become a member ![endif]>

