Free Republic

In the White House Rose Garden, where for four years Donald Trump raucously celebrated political wins with his allies, it was now the turn of Democrats to take a victory lap – masked and physically distanced, of course. Kamala Harris, the vice-president, heaped praise on Joe Biden for signing a $1.9tn coronavirus relief bill, the biggest expansion of the American welfare state in decades. “Your empathy has become a trademark of your presidency and can be found on each and every page of the American Rescue Plan,” Harris said. Democrats this week passed the plan into law; now they have...

The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up, but it has not yet directly helped large swaths of the real economy: companies, municipalities and other borrowers with less than perfect credit. That is partly because America’s central bank is not allowed to take much credit risk itself, and loans to lower-rated borrowers have a higher chance of losses. The risk is exacerbated by the spread of coronavirus which have brought economic activity to a screeching halt. To alleviate that constraint, the U.S....

The helicopters are dumping money out the door. You will pay for it down the road, one way or another. Might as well get a piece. And in fairness......some of you really do need it. This event is unprecedented, at least within living memory. We will cover: - $350 BILLION LOANS YOU DON'T HAVE PAY BACK - If You Apply for certain loans, you get $10k In 3 Days. If You Don't Get Approved That $10k Advance Gets Forgiven. - Avoid Penalties on Retirement Fund Withdraws; Can Put Money Back In - 10 BILLION OF DISASTER LOANS - Defer Your...

The numbers speak for themselves. Rather than "give" 6,000.00 per person to the individuals to use as they see fit, Washington demands their cut: 1,000.00 back (maybe) IF you have less than 90,000.00 income limit, otherwise nothing. And the rest going to the people the Washington political class selects and the democrat's ABCNNBCBS press corpse approves! 2 trillion is roughly 1/10 of the entire US economy. How will they spend all of that in two months?

Total absurdity of a "Virus Bill" listed: Here's a review of what's in this stimulus package.. Courtesy of Dave Wukawitz ✅Here’s what’s in the stimulus deal. $100,000,000 to NASA, because, who knows why. $20,000,000,000 to the USPS, because why the hell not $300,000,000 to the Endowment for the Arts / because why not $300,000,000 for the Endowment for the Humanities/ because no one even knew that was a thing $15,000,000 for Veterans Employment Training / for when the GI Bill isn't enough $435,000,000 for mental health support / thats a lot of suicide hotlines $30,000,000,000 for the Department of Education...

Note that lack of commitment to putting the bill up for a vote. Pelosi blew up the negotiations over the weekend by demanding consideration of her own pork-riddled $2.5 trillion plan. That was seen as perhaps a negotiating ploy to get Chuck Schumer more leverage — and it appears to have worked. Schumer went on CNN this morning to claim victory for Democrats with this agreement, and pledged that aid would immediately get to Americans because of their skillful negotiations to improve the CARES Act. Now, Pelosi seems to be signaling that she won’t abide by Schumer’s agreement on the...

President Donald Trump Tuesday said he was the person who canceled the deal to pass coronavirus legislation in excess of $2 trillion after House Speaker Nancy Pelosi included "a lot of things" that had nothing to do with people who have been put out of work because of closures over the spreading coronavirus epidemic. "I canceled the deal," he said in a Fox News virtual town hall. "I said, 'I'm not going to send that deal.' Nancy Pelosi came and put a lot of things in the deal that had nothing to do with the workers, that has to do...

Obamanomics: Government spending failed on jobs, so the president has shifted to Plan T: taxes, including limiting mortgage interest and other deductions — plus still more spending. His unlikely-to-pass plan is 100% politics. When an angry Barack Obama repeatedly demanded at a joint session of Congress last week that lawmakers "pass this jobs bill," he knew their answer would be no. But at the time, no one outside the White House knew the game the president was playing. In one of the most deceitful ploys ever attempted against the American people, President Obama kept it to himself that he was...

Maxine Waters believes that the only way to get the economy going again is to spend another trillion dollars or more putting people back to work:

She’s a true democrat. We all know the democrat solution to every problem is to spend more taxpayer dollars. Rep. Maxine Waters believes we need to blow another trillion dollars to jump-start the economy. The far left politician was on Meet the Press this morning, via The Right Scoop:

WASHINGTON - It's a bipartisan jobs bill that would hand President Barack Obama a badly needed political victory and placate Republicans with tax cuts at the same time. But it has a problem: It won't create many jobs. Even the Obama administration acknowledges the legislation's centerpiece — a tax cut for businesses that hire unemployed workers — would work only on the margins.

It looks like another stimulus package. It sounds like a stimulus package. It spends like a stimulus package. Her economic advisers are even calling it another stimulus. But Speaker Nancy Pelosi (D-Calif.) insists her plans for a host of new spending is not a stimulus package. “That’s not what we’re doing,” Pelosi said Wednesday when asked if there would be a “Stimulus Two.” Instead, the new spending and tax cuts will move in a series of bills, she said, instead of one big bill. “We do not have a plan for an additional stimulus package, but we do have plans...

WASHINGTON – The Obama administration is considering steps to ease the burdens of laid-off workers, including possible extensions of unemployment and health benefits, officials said Saturday. The administration has stopped short of calling for a second economic stimulus package to augment the $787 billion measure approved this year. But with the jobless rate continuing to climb, President Barack Obama said Saturday he is exploring "additional options to promote job creation."

ABC News’ Rick Klein reports: As job losses mount, Democrats are growing impatient about the impact of the massive stimulus package passed earlier this year, with talk beginning on Capitol Hill about a possible second stimulus bill. Today on ABCNews.com’s “Top Line,” Sen. Sheldon Whitehouse, D-R.I., said a second stimulus is “probably needed,” and predicted that Congress is likely to act before the end of the year to inject even more federal dollars into the economy. Said Whitehouse: “I think that it is probably needed. We’re going to need to have some further discussion. It will probably take place towards...

Republicans introduced in both the House and the Senate yesterday a bill entitled the No Cost Stimulus Act of 2009. This breathtakingly simple energy stimulus bill introduced by Sen. David Vitter (R-La.) and Rep. Rob Bishop (R-Utah) would accelerate offshore on the Outer Continental Shelf and in the Alaska National Wildlife Refuge and force the government to streamline the environmental and regulatory burdens that could otherwise block energy development for years. At a press conference yesterday, Vitter and Bishop explained that this bill would be a literal “threefer”: it creates tens of thousands of jobs, helps reduce dependency on foreign...

It seems like just yesterday that I was wondering if The One had miscalculated by expecting a bailout-weary public to support more than one gargantuan stimulus bill. Oh right — it was yesterday. Remember to emphasize confidence when you’re pitching this next one, Nancy. Just 27% of voters nationwide favor passage of a second economic stimulus package. The latest Rasmussen Reports nationwide telephone survey found that 55% are opposed and 19% are not sure. Despite the public opposition, 74% say it’s likely that Congress will try to pass another stimulus plan before the year is out. That figure includes 45%...

HR 1105 IH 111th CONGRESS 1st Session H. R. 1105Making omnibus appropriations for the fiscal year ending September 30, 2009, and for other purposes. IN THE HOUSE OF REPRESENTATIVES February 23, 2009 Mr. OBEY introduced the following bill; which was referred to the Committee on Appropriations, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL Making omnibus appropriations for the fiscal year ending September 30, 2009, and for other purposes. Be...

President Obama on Monday vowed to reel in wasteful Washington spending and blasted deceptive "accounting tricks" used by the Bush administration to fund the Iraq war even as House Democrats released a $410 billion stopgap spending bill studded with thousands of pork-barrel projects. The 1,000-plus-page spending bill provides a fat target for deficit hawks. It includes hundreds of pages of earmarks - pet spending projects inserted by lawmakers, ranging from $185,000 for coral reef research and preservation in Maui County, Hawaii, to $55,000 in meteorological equipment for Pierce College in Woodland Hills, Calif., to $9.9 million for science enhancement at...

Here we go again! House Republicans are bracing for another onslaught of out-of-control Democrat-authored spending as the omnibus bill is expected to hit the floor of the House as early as next week. And it’ll be yet another spending bill House Republicans and the American people have not yet been allowed to see and the Democrats haven’t even bothered to read. As if the $1.2 trillion Democrats spent on “stimulus” last week wasn’t enough of a disaster, this colossal bill encompasses the remaining nine appropriations bills for fiscal year 2009 sloughed off by House Speaker Nancy Pelosi (D-Calif.). House minority...

Here we go again! House Republicans are bracing for another onslaught of out-of-control Democrat-authored spending as the omnibus bill is expected to hit the floor of the House as early as next week. And it’ll be yet another spending bill House Republicans and the American people have not yet been allowed to see and the Democrats haven’t even bothered to read. As if the $1.2 trillion Democrats spent on “stimulus” last week wasn’t enough of a disaster, this colossal bill encompasses the remaining nine appropriations bills for fiscal year 2009 sloughed off by House Speaker Nancy Pelosi (D-Calif.). House minority...