The Daily Escape:
Merry Christmas! The Wrongologist will be on break until next week, and on a reduced schedule through the New Year, unless something terrible happens. But really, what are the chances of that? OK, see below.
The Wrong family hopes that you can be in (physically distant) touch with your loved ones over the holidays. We hope that you can enjoy a few days of quiet reflection on this terrible year and our terrible government. Wrongo also fervently hopes that we experience a turn-around in how Americans care about each other in 2021.
Trump is threatening to veto the $900 billion Covid relief bill unless the Congress bumps up the $600 individual stimulus checks to $2,000. He said:
“Send me a suitable bill or else the next administration will have to deliver a COVID relief package and maybe that administration will be me and we will get it done.”
Trump also wants the three-martini lunch deduction that’s buried in the bill to be extended indefinitely. When you own a bunch of hotels, this might have a positive impact on your liquor sales.
That term dates back to the Mad Men era. The idea is that you can deduct all of the costs of a business meal, no matter how absurdly high, as a business expense. This change in the current bill will make the entire meal expense tax-deductible.
After military service, Wrongo’s first job interview was with Esso, the predecessor of today’s Exxon. The interviewers required that at least two martinis be consumed in the two hour lunch in order to prove that you had the right stuff. Wrongo received a hangover, along with a job offer. And thankfully, went to Wall Street instead.
As Axios noted, many of the items Trump wants changed, such as foreign aid, are not part of the Coronavirus relief package. They are part of the government funding bill, which was passed alongside the Coronavirus relief package.
So, Trump’s threatening a veto of the relief bill. On Wednesday, he vetoed the $740 billion defense spending bill. But the House will reconvene for an override vote on Dec. 28, with the Senate following on Dec. 29 if the House successfully overrides the veto.
But, what’s his strategy with the relief bill? If Trump decides to veto it, there may be a method to his madness.
Delays in negotiating prevented a timely passing of the relief bills, and that’s backed Congress into a corner. The Constitution grants the president 10 days to review a measure passed by the Congress. If the president has not signed the bill after 10 days, it becomes law without his signature, except if Congress adjourns during the 10-day period. In which case, the bill dies.
Ordinarily, Congress could just wait for Trump to veto the legislation and then vote to override it. But the Constitution mandates that a new Congress convene at noon on January 3. Meaning that this Congress ends at noon that day, ten days from now, and too late to meet and override the veto.
Moreover, the formal process of getting the bills to the president isn’t expected to be completed until Thursday or Friday, putting it on Trump’s desk within the danger zone for a Trump pocket veto. That prevents it from becoming law before the 116th Congress ends at noon on Jan. 3.
This means the next Congress would have to take up the bill all over again. Trump now can simply out wait the bill. He was scheduled to leave Washington on 12/23, for Mar-a-Lago.
There’s a disaster scenario here. The temporary government funding resolution runs out on December 29, unless extended by both Houses and signed by Trump. If Trump refuses to sign the bill, and Congress doesn’t choose to, or can’t override it before their session ends, there will be no Coronavirus aid, and the government will be shut down. If Trump remains intransigent with the next Congress, this could be prolonged until President-elect Joe Biden is sworn in on Jan. 20 and approves the bills.
Would Republicans actually agree to cave in to Trump and spend a few extra $hundred billion after fighting tooth and nail all year to keep this relief bill under $1 trillion? Saying no puts the GOP in the uncomfortable position of opposing its own president heading into the Georgia Senate runoffs, which are uncomfortably close for both Parties.
This also gives Democrats a strong argument against Georgia’s GOP senators, Kelly Loeffler and David Perdue, who supported the $600 payment. It demonstrates, once again, that the only real obstacle to more generous economic assistance is the Republican Party.
Trump’s play may help the Georgia Democrats on January 5.
Let’s leave with a Christmas song you may not have seen. Here’s “Last Christmas“, a song by Wham! the English pop duo, originally released in December 1984. Here it is sung live in 2019 by Emilia Clarke of “Game of Thrones” fame (Daenerys Targaryen) in the movie “Last Christmas“.
Andrew Ridgeley, the surviving member of Wham! is in the audience. This is a feel-good way to head into Christmas: