Next coronavirus bill: Wait for August?

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VIEW IN BROWSER | SUBSCRIBE TUE, JUL 21, 2020 CNBC POLITICS EDITOR'S NOTE Hello,   Coronavirus cases are rising, millions are still out of work, and enhanced unemployment benefits are due to run out at the end of the month. But leaders in Congress don't expect agreement on a new pandemic relief bill until July 31, at the earliest.   It's not even clear what the eventual legislation will look like. Democrats want to sustain the extra $600 in unemployment benefits, while Republicans want to phase out the additional money or reduce it. The GOP in Congress isn't even fully on the same page with President Trump's Republican White House, as the administration pushes for a payroll tax cut.   Given the separation between all the stakeholders, the end of July or early August might seem optimistic. This uncertainty couldn't come at a worse time for a severely wounded economy, either.   Here are other stories the CNBC Politics team has been covering: Trump has offered his firmest endorsement yet for wearing masks to stem the spread of the coronavirus – after months of largely resisting calls to don a mask himself. Trump is also scheduled to resume his coronavirus briefings, following a series of polls showing that voters mostly disapprove of the way he has handled the pandemic. Joe Biden is set to reveal the latest part of his economic plan. This time, he is focusing on expanding benefits to help families care for children and the elderly. You can find more coverage linked below. Thoughts? Email Mike Calia at CNBCPolitics@nbcuni.com.     Have friends or colleagues who might like this newsletter? They can sign up here.  Mike Calia @Michael_Calia KEY STORIES  Congress looks unlikely to pass a coronavirus relief bill by the end of July A $600 per week federal unemployment benefit buoying millions of Americans expires at the end of July. Biden to unveil $775 billion plan to fund universal child care and in-home elder care Joe Biden's plan would subsidize the high cost of child care for working families, fund universal preschool and provide $450 billion to expand community-based and in-home care for the elderly and disabled. Democratic sweep could spark a surprise rally, Bank of America says A Democratic sweep, indicating a potentially unified approach to Covid-19, could lead to a stock market rally, Bank of America told clients on Monday. Trump says face masks are 'patriotic' after months of largely resisting wearing one The tweet from the president appearing to endorse the use of face coverings in public follows months of mixed messages on whether he believed they were an essential tool to help prevent transmission of the disease. Trump says he will resume holding White House coronavirus press briefings as cases rise The briefings from the coronavirus task force, once a near-daily occurrence, had been largely scrapped for nearly three months. Supreme Court refuses House Democrats' request to speed up Trump tax case litigation in lower courts The justices denied a request from Democratic-led committees to finalize the court's ruling that blocked the enforcement of their subpoenas. 'U.S. is pressing the accelerator to trash' relations, China says The crumbling relationship between Washington and Beijing has intensified following an attempt from the world's two largest economies to mend trade relations. Lawsuit accuses ex-Fox News reporter Ed Henry of rape The lawsuit comes three weeks after Fox News fired Ed Henry for what the network said was sexual misconduct. The suit names as defendants Fox News, Henry, Sean Hannity, Tucker Carlson and Howard Kurtz.       Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS