US not bailing out airlines, Boeing not using federal money: Treasury Secretary

U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill set to soon pass the House of Representatives is not an airline bailout and that taxpayers will need to be compenstated for relief given to the companies badly hobbled by the global pandemic.

FILE PHOTO: Treasury Secretary Steve Mnuchin takes a phone call in the hall outside a meeting to wrap up work on coronavirus economic aid legislation to prevent the spread of coronavirus disease in Washington, U.S., March 21, 2020. REUTERS/Mary F. Calvert/File PhotoWASHINGTON: U.S.

At the same time, Mnuchin said in an interview with Fox Business that plane-maker Boeing Co. has no intention of using federal money.

Check back in a while. Pretty sure the caveats and qualifiers got edited out.

Exactly right. Most of them despise Trump and are opposed to his policies and his electorate. Why should they be given taxpayers funds? Let them go bankrupt and their assets can be bought for a song by patriotic Americans.

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