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Speaker of the House Nancy Pelosi. Photo: Liz Lynch/Getty Images

House Democrats are preparing a slimmed-down coronavirus relief proposal focused on unemployment and direct payments that would cost roughly $2.4 trillion.

Why it matters: Democrats and Republicans have been deadlocked in negotiations for more aid despite CARES Act funds expiring over the summer.

The state of play: The bill would include unemployment insurance, direct payments, small-business loan funding and aid for airlines. The price tag is about $1 trillion less than the House's previous plan.

What they're saying: Currently, there are no specific plans to bring the bill to the floor and there is no deadline, House Majority Leader Steny Hoyer (D-Md.) said Thursday.

  • “I don’t have an expectation at this point in time, because our focus is we want to get a deal or an agreement with [Treasury Secretary Steven] Mnuchin and the Senate because we want a bill passed and signed so that’s what our focus is — trying to get an agreement before we go home," Hoyer said.
  • House Ways and Means Committee Chair Richard Neal (D-Mass.) said, "I think we’re headed toward a resurgence of the virus in the fall, and until we defeat the virus, you’re not going to have full economic recovery."

The other side: Rep. Kevin Brady (R-Texas) called the bill's introduction "a waste of time."

  • "[Pelosi] could pass 10 more partisan bills. That won't get us closer to helping these small businesses and families. It's just another wasted exercise."

Go deeper

Senate Dems will boycott vote to advance Judge Amy Coney Barrett

Supreme Court nominee Amy Coney Barrett. Photo: Stefani Reynolds/Getty Images

Senate Democrats are expected to boycott Supreme Court nominee Amy Coney Barrett’s Thursday Judiciary Committee vote, Senate Majority Leader Chuck Schumer announced on Wednesday.

The big picture: The boycott will not prevent Barrett from moving forward in the nomination process, but the largely symbolic display is a symptom of Democrats and Republicans’ clashing over President Trump’s Supreme Court pick.

57 mins ago - Health

Ipsos poll: COVID trick-or-treat

Data: Axios/Ipsos poll; Note ±3.3% margin of error for the total sample size; Chart: Andrew Witherspoon/Axios

About half of Americans are worried that trick-or-treating will spread coronavirus in their communities, according to this week's installment of the Axios/Ipsos Coronavirus Index.

Why it matters: This may seem like more evidence that the pandemic is curbing our nation's cherished pastimes. But a closer look reveals something more nuanced about Americans' increased acceptance for risk around activities in which they want to participate.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: The good and bad news about antibody therapies — Fauci: Hotspots have materialized across "the entire country."
  2. World: Belgium imposes lockdown, citing "health emergency" due to influx of cases.
  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
  4. Education: Surge threatens to shut classrooms down again.
  5. Technology: The pandemic isn't slowing tech.
  6. Travel: CDC replaces COVID-19 cruise ban with less restrictive "conditional sailing order."
  7. Sports: High school football's pandemic struggles.
  8. 🎧Podcast: The vaccine race turns toward nationalism.