the $831 billion stimulus bill which the Obama administration passed in 2009 and dwarfs the multiple efforts made by the Bush administration after 9/11 and the housing crisis and subsequent market collapse of 2008.
While Trump is already touting the sheer size of this bill, it's worth keeping in mind that this pandemic is an unprecedented crisis: The problem is bigger, so the response will naturally need to be bigger, too. At least 3 million peoplepoints out is the biggest number of new claims the country has seen in modern history.
from student advocacy group Rise, 52 percent of college-aged respondents said their work had been impacted as a result of the pandemic.allocates around $250 billion to distribute one-time checks to American adults and their children, with some provisions. The checks will cap at $1,200 and will be based on the most recent tax filings: Those who make up to $75,000 as a single person qualify for the full amount, while couples who make up to $150,000 will qualify for $2,400 total. Households with childrenBut that one-time check likely won't go far for a lot of people, who are worried about being out of work for the foreseeable future.
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Senate clinches coronavirus emergency packageWell, RandPaul is out due to the virus so the chances of this passing unanimously are pretty damn good. 🤷🏻♀️ Does she know something special, such as Louie is stuck out of town? SpeakerPelosi is upset that her bill that included so many things not related to the virus was found out.
Source: politico - 🏆 381. / 59 Read more »
Senate Reaches Historic Deal On $2T Coronavirus Economic Rescue PackageSenate leaders have struck a historic deal to inject the U.S. economy with about $2 trillion in aid in response to the coronavirus pandemic. The plan marks the largest rescue package in American history. Nancy appears to understand the complicated elbow bump while Mitch just can’t seem to get anything right. Not sure why they don’t take a business income coverage approach to these situations. It would help prevent overspending and guesstimating. It would also give much more flexibility and ability to adjust on a bi-weekly or monthly basis She looks like she’s blocking a backhand...this pic won’t age very well 😷🤣😷🤣
Source: NPR - 🏆 96. / 63 Read more »
Coronavirus live updates: White House, Senate leaders agree on $2 trillion stimulus; US deaths top 800Amid another swell in U.S. deaths, White House and Senate leaders reached a $2 trillion stimulus deal to ease financial pain across the country. 3 bulgarians' mom at Lisa's. As long as the bill is not stuff with abortion law, gun confiscation and open borders life is good!
Source: USATODAY - 🏆 100. / 63 Read more »
White House, Senate reach historic $2-trillion stimulus deal amid growing coronavirus fearsWhite House and Senate leaders struck a major deal early Wednesday morning over a $2-trillion package to provide a jolt to an economy struggling amid the coronavirus pandemic, capping days of marathon negotiations that produced one of the most expensive and far-reaching measures in the history of Congress. Details...
Source: cnnbrk - 🏆 393. / 55 Read more »
White House, Senate reach late-night deal on massive $2T coronavirus stimulus packageTensions have ratcheted up again on Capitol Hill -- with Sen. Lindsey Graham taking to the Senate floor and calling for an immediate end to negotiations because he said Democrats were 'nickel-and-diming at a time when people are dying -- literally dying.' FUCK big businesses. They fucked up in 2007/8, got tax cut on 2018/19. park some planes ✈️ and take some to the metal scarp yard, same goes for cruise ships....take care of small businesses first then big businesses.. I'm sick of Democrats and Republicans A lobbyist revealed Repubs wanted slush-fund non-transparent & Trump would oversee it w/Mnuchin.What do you think they would do w/that $?It’s worth it to fight for a transparent stimulus package to ensure $$ goes to those hurting the most;not billionaire corp,wealthy or Trump!🤮
Source: FoxNews - 🏆 9. / 87 Read more »