The overall relief bill would provide $1,400 payments to individuals, extend emergency unemployment benefits through August and increase tax credits for children and federal subsidies for health insurance.
It also provides billions for schools and colleges, state and local governments, COVID-19 vaccines and testing, renters, food producers and struggling industries like airlines, restaurants, bars and concert venues.
Democrats are pushing the relief measure through Congress under special rules that will let them avoid a Senate GOP filibuster, meaning that if they are united they won’t need any Republican votes.
It also lets the bill move faster, a top priority for Democrats who want the bill on Biden’s desk before the most recent emergency jobless benefits end on March 14.
And so it begins...
The above should be watched and shared before it's memory holed.
The republicans could of passed their own bill, given everyone $2,000 without all the pork, and kept the senate in the process, but they blew it. Trump handed it to them on a silver platter. To win at least one of the two Georgia runoffs, nothing else was needed by the $2,000 checks to go out.
Five hundred dollars for a gallon of gas; two hundred for a loaf of bread (when available on alternate Tuesdays), etc. Will be just like Zimbabwe.
The Senate Parliamentarian has already said no to the minimum wage portion of the bill
There was bipartisan opposition to this bill.
“Near party line vote” should read
“Over bi-partisan opposition”
2020 message to state politicians: Help rig the election for Biden, and you and your state government cronies will get $billions to spend as you please.
The Demonicrats continue to give more aid and comfort to the enemies of the United States of America.
iirc, the Ds special rules are to abolish the filibuster rule for any and all. I believe a couple Ds (Manchin and Sinema) are not on board. RINOs won’t go for it either. I’m not aware of any other means to achieve a 51 vote requirement.
I’d categorize this as wishful thinking on their part....and mine.
One key, offensive provision mandates mail-in voting, nationally, which is tantamount to one party rule. The SC would rule that a constitutional amendment would be required to take state election procedures away from them and hand it to congress.
That’s the beauty of these razor-thin votes, the ‘nays’ can tell their constituents how principled they are while behind closed doors the entire legislative body got exactly what they wanted.
Previous stimulation checks were based on 2019 tax filings, you know, before the pandemic. Most directly impacted by COVID were impacted in March 2020 or later.
The Federal Reserve Is Taking Us into Uncharted and Deadly Waters, by William Levin, February 27, 2021 (posted by Kaslin).At the Federal Reserve semi-annual testimony before Congress this week, Chair Jerome Powell should have been asked whether the Fed has become the national Reddit.
The Reddit stock frenzy created a pool of motivated buyers, irrespective of the value of the underlying company.
For more complicated reasons, the federal government is the biggest Redditer of all, Reddit on crack cocaine. Instead of billions, the government plays in the trillions. Instead of a handful of small cap stocks, it has hijacked the entire stock market. But the mechanism is the same. Flood the market with funds, and for good measure force interest rates to zero, eliminating alternative investments. The recent congressional Reddit hearings are parody in comparison to the government's role in driving market prices, in particular the Fed.
Let's make it specific. When Joe Biden promises to spend $1.9 trillion, where exactly does that money come from? Beyond that, even excluding the $1.9 trillion, how does the government finance four years of deficits, which the Congressional Budget Office recently estimated at $5.9 trillion? That's an expected one-term cumulative deficit of $7.8 trillion. Where indeed does this money come from?
The wrong answer is tax receipts. In FY2020, federal budget revenues — i.e., tax receipts — totaled $3.4 trillion — $1.6 trillion from income taxes; $1.3 trillion from payroll taxes; $0.2 trillion from corporate taxes; and the balance of $0.3 trillion from excise, custom duties, estate taxes, and miscellaneous. Spending, on the other hand, totaled $6.6 trillion, versus the pre-COVID budget of $4.8 trillion. The result is a record $3.1-trillion deficit.
The CBO 2020 Long-Term Budget Outlook
“Moderate Democratic Reps. Jared Golden of Maine and Kurt Schrader of Oregon were the only two lawmakers to cross party lines. That sharp partisan divide is making the fight a showdown over who voters will reward for heaping more federal spending to combat the coronavirus and revive the economy atop the $4 trillion approved last year.”
Our children and grand children will curse them for eternity.
Where in the constitution does it give the federal government the power to set a minimum wage?
“The House COVID-19 bill includes the minimum wage increase...”
From the bill itself:
“This Act may be cited as the ‘‘Consolidated Appropriations Act, 2021’’”
Thus it never was just a pandemic relief bill. Our deceivers continue to deceive us.
See the text here:
https://www.washingtonpost.com/us-policy/interactive/2020/covid-relief-bill-full-text/
House passes $1.9T blue state bail out bill on near party-line vote.
Fact check completed
I want my CHECK!
Chinese motor scooter or hookers & blow?
And its all FREE!
Greatest legalized theft in American history, if not world history. Money stolen from the present and future generations of Americans. Will never be reclaimed.