“We’re far from a return to a normal state,” said Kathy Bostjancic, the chief U.S. financial economist at Oxford Economics. “When you have such a hole, a deficit where you’ve fallen from where the economy was on track previously … you have a lot of ways to make up to get back there.”
The risk in sending too much money to states that don’t need it is if governors or local officials use it as an opportunity to cut taxes, for example — and there’s no easy formula to allocate aid only for states that are hurting the most. But those closely tracking this area argue that while states are doing better than they had originally expected, they are still not doing well.
Don’t focus on that! It’s just a political delay tactic.
Corruption
GOP was in charge of those funds, what did they do with them?
Most of the $1 trillion is scheduled to be spent. It would be silly to have send March unemployment benefits yet and hard to give out PPP loans before businesses apply. This thread walks through the numbers
Who was president last year?
Is that not a valid point
Where is all that money gone
Except the TraitorGOP $1 trillion is not going to individuals/families Again, TraitorGOP supports socialism for corporations and poverty for families stop supporting TraitorGOP
use that $1 trillion to help
I knew they would start complaining about the deficit or money once tRump was gone. Vote them all out!
They may be opposed to all the waste and pork that’s it in too. And, the joke $1,400 to make up for the last few months and to last the next few isn’t relief either.
Good, cut the Cheapskates in congress of their Salaries...LET THEM LEARN TO TIGHTEN THEIR BELTS FOR A CHANGE!
Yeah. But Mnuchin and Trump made sure none of the aid could be touched now, so it’s just limbo money.
Would be nice to know the numbers. Uib just till march, checks mostly sent out.
About 50 million Republican voters support the Biden Rescue Package. Fifty, mostly white men, in the GOP Senate don't. Griping, obstruction and pettiness have replaced thoughtful governing & service to constituents. Shameful.
Yes, and?
I’m so confused!
Unspent trillion, give more money to the American people, 5000 not 1400. If the the government can give billions to other countries, the government can afford 5000 or more.
Makes sense, why hasn’t the money that has already been allocated not been spent, I know it sounds strange, but this is something “journalists” used to investigate.
LeaderMcConnell GOP
I didn’t hear anything from the Trumplicans when the unspent & misdirected “Wall” money was questioned!!
Then use that money to help the American people more! It’s not that difficult! Do the right thing!
Sounds super-effective and long-lasting, definitely won't be discarded when it gains absolutely no traction with anybody
But a Trillion in tax cuts to the rich is ok
Repeal the 2017 tax scam
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Newsweek - 🏆 468. / 52 Read more »
Source: Forbes - 🏆 394. / 53 Read more »
Source: Forbes - 🏆 394. / 53 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: Forbes - 🏆 394. / 53 Read more »