[ April 19, 2024 ]
Designed to drive the final nail in the American coffin. This is slush fund for mismanaged blue states, mismanaged blue state pension funds and bankrupt blue states.
Don’t.
Do.
It.
The answer is Reopen America.
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The bill gives a tax cut to upper income blue state real estate owners for 2020 and 2021. pic.twitter.com/8dODlIRFZB
— Matt Stoller (@matthewstoller) May 12, 2020
Pelosi put the corporate lobbyist bailout in her new legislative proposal. https://t.co/ZD7Lvx4HWz pic.twitter.com/d9xIFDYMF2
— Matt Stoller (@matthewstoller) May 12, 2020
House Dems unveil coronavirus bill estimated to cost $3T, in largest stimulus package yet
By Marisa Schultz | Fox News
The House Democrats’ coronavirus relief proposal will reach about $3 trillion in new spending, amounting to the biggest and most expensive aid package yet to deal with the global pandemic, Fox News has learned.
Of the roughly $3 trillion, about $1 trillion would go to state, local and tribal governments, according to two sources briefed on the proposal.
Then a flurry of cash would be allocated to struggling Americans, including more direct payments, unemployment insurance and a new benefit that would subsidize rent and mortgage payments for Americans.
House Democrats called the legislation the HEROES Act. The text of the sprawling plan was circulated Tuesday. House Speaker Nancy Pelosi is scheduled to announce the plan at 3 p.m. ET.
But the price tag shows that Democrats have gone big — rather, huge — for the fifth round of coronavirus legislation. And it’s a figure sure to face deep skepticism from cost-conscious lawmakers growing uncomfortable with the historic pace of massive spending legislation. The U.S. Treasury already had to borrow $3 trillion to fund the first four coronavirus spending packages that passed with bipartisan support.
Although Treasury Secretary Steven Mnuchin said he’s comfortable borrowing that much money because of historically low interest rates, some Republicans are now cool to more spending — especially another $3 trillion worth.
House Majority Leader Steny Hoyer, D-Md., said he anticipates a vote on the relief package on Friday.
Like Pelosi, D-Calif., signaled last week, Hoyer said this legislation will be big to meet the needs of the American people reeling from forced economic shutdowns and widespread illness and death.
placeholder“This is an unprecedented time in our history,” Hoyer said. “…And as a result, we need to respond in unprecedented ways with unprecedented resources.”
The centerpiece of the legislation will be assistance for state, local and tribal governments to help plug budget holes from coronavirus crisis spending and declining tax revenues. Democrats billed this as help for the “heroes” in the public service workforce, such as first responders, teachers and transportation workers, who are at risk for layoffs.
The package will include more direct payments, beyond the $1,200 check most Americans received under earlier legislation, and more money for unemployment assistance. Hoyer declined to discuss the amount or details until the text is released.
In a nod to progressive demands, the legislation will include student loan relief and rent and mortgage assistance, Hoyer confirmed.
House Democrats will provide more funding for testing, contact tracing and treatment for victims and support for hospitals and health care providers, Hoyer said.
The legislation will provide expanded food assistance to struggling families through SNAP benefits and funding for elections and mail-in voting to prepare for the November election. The House Democrats plan will have funds for the struggling U.S. Postal Service and more aid for small businesses.
Hoyer alerted the House members, which have been away on recess, to return to Washington for votes on Friday on the fifth round of coronavirus legislation as well as a resolution to allow for proxy voting or virtual meetings — though Hoyer said no bipartisan agreement has been reached yet.
The House Rules Committee will meet Thursday to prepare for the Friday floor debate on the coronavirus legislation and the proxy proposal.
If the House passes this legislation it’s poised to be the largest stimulus package ever. The previous record was held by the $2.2 trillion CARES Act that President Trump signed into law March 27 that included the Paycheck Protection Program for small businesses and the $1,200 in cash assistance for most Americans.
Unlike the first four rounds of coronavirus relief, this bill is already proving to be more contentious with Republicans wanting to hit the brakes on spending. The White House wanted a payroll tax cut in any new legislation and Senate Republicans want protection for businesses from lawsuits.
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26 Comments
3 years ago
OPEN UP!
NO MORE BAIL OUTS!
NONE!!!!
3 years ago
Reply to
felix1999
and their troubles were caused by some jerk who went there on sunday and then called the cops on them. he lives in castle rock, it’s “nick” something i think. if you know his name, please tell us all and gives us his address and phone number, and we can all drive by and call him and let him know how much we appreciate him being a rat and causing this poor business owner to go broke just because our filthy rich homosexual democrat governor ordered him to go broke
3 years ago
Reply to
tituspullo
I’d recommend doing much worse to that traitor, but what I advise cannot be printed. If there were ever a time to wear “Stop Snitching” T shirts in public, this is it.
3 years ago
Reply to
felix1999
Explain to me how a business license can be suspended without any due process? Exactly what municipal ordinance was the owner violating? I would keep the restaurant open until a judge rules otherwise.
3 years ago
Reply to
felix1999
And governor’s orders are NOT laws!! The coffee shop had EVERY right to re-open!!
3 years ago
Pelois also has THIS buried in that bill.
Coronavirus: Soros-funded NGO demands $1,200 for every illegal immigrant from US taxpayers
By VOICE OF EUROPE
10 May 2020
United We Dream, a George Soros-backed NGO, is demanding every illegal immigrant in the United States receive $1,200 in federal aid checks as a part of federal coronavirus aid, which could cost billions for American taxpayer if it were to be approved.
The NGO is making the demand in conjunction with a network of other pro-migration lobbying groups, such as the National Immigrant Justice Center, and the National Immigration Law Center. With estimates of the illegal alien population estimated between 11 to 22 million in the US, the migration groups are asking the federal government to issue checks for every illegal immigrant that has a Tax Identification Number (ITIN).
…
https://voiceofeurope.com/2020/05/coronavirus-soros-funded-ngo-demands-1200-for-every-illegal-immigrant-from-us-taxpayers/
3 years ago
Reply to
felix1999
Definitely, Pelosi has the American citizen front and centre in her heart.
She and Biden both need a good retirement home with good mental health caretakers.
3 years ago
Democrats are saboteurs and thieves and murderers and traitors who wear a ghillie suit that looks like good intentions and patriotism. They are vipers in our house. They are manure in our well. They are assassins contracted to murder the USA. The are the political power of the central bankers who controlled our currency since 1913.
3 years ago
This Nation,is Financial ‘BROKE.’ (fix able)
The Destructive,Soulless Party, has Done this
They KNOW, the $3T, Stimulus Bail-Out Package, will Bankrupt us into a ‘Depression’.
If the GOPers can’t turn into the wind, and go into a Offense Mode, and SHUT this ‘Party” Down
The Aftermath, will be Epic.
3 years ago
Reply to
dingo
Yep. First there was the “bailout” of 2009. Now this 11 years later. Are we to have bailouts every ten years as a regular feature of life. It means the death of all our freedoms through inflation, and/or taxation, and/or becoming beholden to lenders and/or succumbing to the “help me, help me” attitude of victimization. A victimized society is not a viable society. Sorry if I sound “mean” but that’s just how it is.
3 years ago
Reply to
Jeff Ludwig
It’s not so much a “help me, help me” society as a gimme, gimme, gimme and gimme some more society.
3 years ago
The Demo☭rat’s are the ones who started the pandemic to overthrow Trump so they can get their money and power back.
3 years ago
Trump should veto any and all bailouts. Open the USA and end the virus lockdown.
3 years ago
I think if you cut through all the crap that this is just pelosi and her co conspirators pandering to the voters in dem states at our expense.
3 years ago
Reply to
anonQ
It’s worse, it’s taxing financially solvent states for the financial mis-management of the dem0nrat states. All the flyover states that scumbags in Californication and NY look down on will be bailing their rotten, corrupt leftist states out.
3 years ago
No debate. No vote.
Right into the garbage.
3 years ago
can you hear that giant wave building as is races towards us? it will break over us this year, and it is the end of the grand experiment in a constitutional republic. we threw God out in the 60’s, and He graciously allowed us to speed down the road to perdition, where we have now arrived. the american people disgust me, and no longer deserve the blessings bestowed on us by a God whose name was loudly booed at the 2012 democrat convention. i would ask God to bless us, but trust me, that time has passed
3 years ago
Hard to say which stinks more, Nancy’s bail out bill or her depends.
3 years ago
Democrats are truly INSANE. They really do want to destroy our economy. The call for this election should be to remove every, every democrat up for re- election, including RINOS.
3 years ago
Of course they need to bankrupt the USA so they can blame it on President Trump.
3 years ago
NO MORE MONEY!!!!! Open up the country.
3 years ago
Where’s the Two Trillion we need to rebuild the infrastructure and put 30 million Americans back to work? Forget about the debt. The dollar is toast. Very soon and the government will be printing trillion dollar notes that will buy a loaf of bread. Remember, everybody in Venezuela is a millionaire, but a million Bolivars won’t buy a bag of groceries. Little noticed this week was the price of food is up by an average of 2.5% for the month of April. That’s 30% a year and we are just beginning. Do you like King Flour? We’ll it can be bought on eBay for $25 a bag. It costs $5 in the market if you can find it. This is just the beginning of the end for the dollar. I’d tell you to buy gold but it will be confiscated in the first week a Commiecrat is in office. And, unless there is a civil war, there will be a Commiecrat President because they will buy the election. Bloomberg, Soros, Gates, Brin, Dorsey, and a host of our faux billionaires will put 1, 5, 10 billion into buying the election, whatever it takes. The Great Reckoning is upon us. Be forewarned, be prepared, and most importantly be locked and loaded and know who in your community is the enemy because you will have to neutralize them before they neutralize you.
3 years ago
This is PURE POISON for the liberties we have all enjoyed in this once-blessed nation. Ask your congressional representatives to REJECT IT NOW!!! Ask yourself, who will guarantee this debt? The Treasury? It’s more than bust now. The FED? They’re the ones that have been manipulating us for over a hundred years now, since the National Banking Act of 1913. No, the power behind this, the power that will guarantee the loan, is none other than the Communist Party of China. They’re the only ones with a balance sheet that is still in the black and big enough to absorb the hit. Once this bill passes the House and Senate and is signed into Law by the President, this country and all her former freedoms will be over. We will have become a vassal state of the People’s Republic of China, just like so MANY other countries have already become.
This whole episode in human history will come to be understood as China’s – and Communism’s – triumphant final move toward world domination. Using the power of Western Capitalism aided and abetted by the blundering so-called ‘rich’ fools inside the system, we will have effectively cut our own throats.
Chinese Proverb: “He who rides the tiger can never dismount.”
Should this legislation pass all the hurdles, this once great bastion of freedom will be be consumed whole by the beast of Socialism/Communism/Fascism/Nazism… whatever you want to label it. It is tyranny and the death of all that is good and right in this world. ‘Hail Satan!’ all will cry.
“Even so, come Lord Jesus!” – Revelation 22:20b
3 years ago
All I can say is that Trump better NOT sign that spending atrocity!!
