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The first stimulus package was a lifeline for millions of Americans. The beginning of July means we've got just a few more weeks before all those benefits expire.

Why it matters: Unlike when the first bill passed in March, Congress is divided on whether people need another stimulus.

  • Plus, shake-ups on the Trump campaign rattle an already chaotic White House.
  • And, new data shows more inland homes are at risk of flooding than expected.

Guests: Axios' Dion Rabouin, Mike Allen, and Amy Harder.

Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Carol Alderman, Cara Shillenn, Naomi Shavin, Nuria Marquez Martinez and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com.

Go deeper:

Go deeper

Oct 9, 2020 - Podcasts

The future of American terror

The FBI announced terrorism charges on Thursday against an anti-government militia group for plotting to kidnap Michigan Gov. Gretchen Whitmer (D). Now, University of Michigan professor Alexandra Minna Stern says that politically motivated violence may only get worse.

Dion Rabouin, author of Markets
Oct 7, 2020 - Economy & Business

Why Trump dumped stimulus negotiations

President Trump. Photo: Tia Dufour/The White House via Getty Images

Markets were stunned by President Trump's announcement on Twitter that the White House was pulling out of stimulus discussions with House Democrats on Tuesday — and several Trump advisers even told Axios' Jonathan Swan they were perplexed by the "inept" decision, calling it a "gift" for House Speaker Nancy Pelosi. But it makes sense if you follow the logic of Trump's economic advisers.

Where it stands: Trump has surrounded himself with die-hard acolytes of supply-side economics, like one-time pick for the Federal Reserve Stephen Moore, who argue that fiscal stimulus measures and increased benefits for unemployed Americans not only don't help, but hurt the economy.

Felix Salmon, author of Capital
Oct 8, 2020 - Politics & Policy

Trump's stimulus whiplash and the age of cognitive disconnect

Photo illustration: Sarah Grillo/Axios. Photo: Chip Somodevilla/Getty Images

The paradoxes of Trumpism were on full display Tuesday. Over the course of the day, Trump agreed with Fed chair Jay Powell that the need for fiscal stimulus is urgent, requested that Congress fund a new round of stimulus checks — and, at the same time, instructed his Treasury secretary to cease all negotiations on Capitol Hill and put off any stimulus until after the election.

The latest: As Axios' Alayna Treene and Jonathan Swan reported Thursday, Trump phoned House Minority Leader Kevin McCarthy and indicated he was worried by the stock market reaction and wanted a "big deal" with Speaker Nancy Pelosi.