Democrats Should Seek Quick Stimulus Compromise

Not Biden his time. Photo: Joe Raedle/Getty Images Every day for the past 20 days, the United States has reported over 100,000 new cases of COVID-19. Every day for the past 13 days, America has set a new record for the number of COVID patients in its hospitals. More than 3 million Americans tested positive for the virus over the first three weeks of November; more than 1 million contracted the bug in just the last six days.

Photo: ZipRecruiter/Wall Street Journal As of October, America’s poverty rate sat at 11.3 percent, according to a new study, 2 percentage points higher than it had been before Congress allowed the CARES Act’s enhanced unemployment benefits to abruptly expire. As falling temperatures and rising infection rates make life even harder for brick-and-mortar retail firms and restaurants, small business bankruptcies and job losses are likely to surge above their already elevated levels.

Shortly after that story was published, Biden’s team officially disavowed any intention of nudging his party to pare back its ambitions for the sake of a rapid deal. McConnell’s $500 billion package is grossly inadequate. Its exclusion of any fiscal aid to states does not merely contradict House Democrats’ wishes, but the advice of staunchly conservative economists like Glenn Hubbard and Douglas Holtz-Eakin, and the stated preferences of some Senate Republicans.

EricLevitz The bills need regular order & to be brought to the floor for debate. No one knows really what is in them. Blanket liability protections? No OSHA standards? Who knows? Blank checks to biz are anti labor. Imagine Tyson not being held accountable? And trump won’t sign anything.

EricLevitz Nope. Please stop pushing nonsense. If the Senate wanted to pass a stimulus bill, they could do it without Democratic votes and force the house to take it up. It’s wholly ridiculous to suggest it is the Dems who are being difficult now.

EricLevitz You can make all the arguments in the world, but you (and the rest of us) do not have all the information. I won't go so far as to say I trust Pelosi, but I think she is the closest thing we have to someone to trust, who actually knows the secrets.

EricLevitz ...but the GOP shouldn't? Come on.

EricLevitz Of course, you could make this EXACT same case for the GOP.

EricLevitz McConnell won't pass anything that doesn't indemnify corporations from liability for unsafe working conditions.

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Why There Probably Won’t Be a Bipartisan COVID BillWhat Republicans are really going for with a “compromise” stimulus bill they know Democrats won’t swallow.
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Report: Relief Deal Will Include Stimulus Checks, Exclude State Aid And Liability ProtectionsTop lawmakers and officials are close to a $900 billion stimulus compromise, Politico first reported. $600 and no money for local governments is a crime. Who does this help? Pelosi lost big. Anyone remember her interview before the elections with Wolf Blitzer of CNN? What about 'small' businesses...
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Trump takes aim at Covid stimulus bill, raising specter of vetoPresident Trump blasted the $900 billion coronavirus relief package passed by Congress, calling it a “disgrace” and asking for amendments to the bill to increase stimulus payments to Americans Bribe money to the people to overlook all the pardons he's handing out. Veto and tell Pelosi and McConnell to make all $900b go to Americans. Go for it Donald. Veto the 6,000 page POS bill that includes your ridiculous 100% deduction for smug elitist brunches and the massive double dip PPP tax break for the rich. The bill is an abomination. Kill it. Make the smug elitists stay in DC and fix the POS.
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Goldman sees a $600 billion stimulus package coming if Democrats win the Senate majorityNew for subscribers: Goldman sees a $600 billion stimulus package coming if Democrats win the Senate majority. Check out CNBCPro today. Pro Why stop at $600 billion, why not $6 trillion? Pro As it should’ve been. Republicans shouldn’t have blocked it Pro how much money did Trump spend on himself and the other grifters
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Biden tells Democrats he's willing to target COVID relief checks, but not shrink themPresident Joe Biden told Democrats Wednesday he's willing to target stimulus checks, but not shrink them. you know what- i lost my JOB THIS YEAR! last year shouldn't matter I think this is a good compromise. I'm FAR from well off, but I've kept my job and do not need this relief. I know SO many who do. Socialism is our new reality.
Source: ABC - 🏆 471. / 51 Read more »