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Trump wants direct payments of $1,000 for adults, $500 for kids in coronavirus stimulus bill, Mnuchin says
CNBC ^ | Thu, Mar 19 20209:30 AM EDTUpdated 3 hours ago | Kevin Breuninger

Posted on 03/19/2020 1:43:44 PM PDT by Red Badger

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To: P.O.E.

Shooting their was far too soon.


61 posted on 03/19/2020 2:28:02 PM PDT by Sam Gamgee
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To: Red Badger

Should I save the government some time and just print my own?


62 posted on 03/19/2020 2:28:37 PM PDT by Obadiah (Kill the deep state or lose the Republic.)
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To: Obadiah

They would frown upon that......................


63 posted on 03/19/2020 2:30:45 PM PDT by Red Badger (If people were to God like dogs are to people, the world would be a really great place..............)
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To: Obadiah

A friend of ours on Canada is applying for mortgage relief even though he was already unemployed anyways


64 posted on 03/19/2020 2:31:12 PM PDT by Sam Gamgee
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To: Red Badger

How are they identifying people? IRS accounts?

Looks like a huge opportunity for fraud, and Leftist organizations will know how to collect on that fraud.


65 posted on 03/19/2020 2:31:21 PM PDT by UnwashedPeasant (Trump is solving the world's problems only to distract us from Russia.)
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To: Red Badger
“The first one would be $1,000 per person, $500 per child,” Mnuchin said. “So for a family of four, that’s a $3,000 payment.

With the insanity unleashed by Justice Kennedy they may have to define "family".

66 posted on 03/19/2020 2:35:12 PM PDT by libertylover (Socialism will always look good to those who think they can get something for nothing.)
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To: Red Badger

Many workers are being furloughed without pay. They aren’t eligible for unemployment benefits because they are still employed by the company they work for, but they being forced to stay away from work.

I wish everyone had 3-6 months of an emergency fund, but most people don’t. These checks, while not a huge amount, may allow people to keep their electric and water on for another month.. or buy some food supplies.

I’m one of those workers that cannot go into work, and have no idea if or when I will be allowed back. It may be 2 weeks, it may be 6 months. Either way, I’m cashing whatever check I get and being thankful that it was given.


67 posted on 03/19/2020 2:35:28 PM PDT by Roobarb321
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To: Roobarb321; libertylover

Notice that the Treasury Secretary used the phrase “The FIRST ONE...”............................


68 posted on 03/19/2020 2:37:30 PM PDT by Red Badger (If people were to God like dogs are to people, the world would be a really great place..............)
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To: gibsonguy

An earlier article I read said under 70k is 1000-1200. Still
Negotiating. 70-90k it gets paired down. Over 99k you get 0.


69 posted on 03/19/2020 2:38:47 PM PDT by albie
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To: albie

The over 99K just get to pay for all of this :(


70 posted on 03/19/2020 2:39:59 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.cuase)
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To: Roobarb321

I am in the same boat the shop i work at closed.


71 posted on 03/19/2020 2:41:50 PM PDT by CJ Wolf ( #wwg1wga #gin&tonic)
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To: upchuck

Cool! I can buy two nice pistols and some ammo for $1K.

==

Only if you’re making under 70K, per one article.


72 posted on 03/19/2020 2:42:30 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.cuase)
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To: libertylover

It’s probably based on tax returns. So....1-2-3. What about illegals?


73 posted on 03/19/2020 2:42:31 PM PDT by Vermont Lt
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To: Red Badger

LOL!

You have to have been around awhile to recognize where that film clip is from.

It sums up the situation perfectly: if you can’t figure out what really needs to be done, just start throwing lots of money at the problem and hope that some of it ends up funding useful solutions.


74 posted on 03/19/2020 2:44:06 PM PDT by Captain Rhino (Determined effort today forges tomorrow.)
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To: Vermont Lt

Based 2018 income? or 2019? or 2020 income? (after layoffs, etc.)? My guess...2018 income or 2019 if you filed taxes already.


75 posted on 03/19/2020 2:46:19 PM PDT by Drago
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To: gibsonguy

“Slim chance” my arse. 50% of Americans are pretty damn stupid. But if they’re stupid enough to think that Biden could fix this...they’re catastrophically stupid.


76 posted on 03/19/2020 2:46:32 PM PDT by albie
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To: Borges

HAHA!!


77 posted on 03/19/2020 2:47:47 PM PDT by Osage Orange (Whiskey Tango Foxtrot)
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To: Sam Gamgee

They’ll still spend it. Or put it in the bank where most of it will become a loan. A big part of this isn’t just helping those that lost money get some of it back. It’s jump starting the movement of money, give the economy some momentum. Money never just gets spent once, a worker gets paid, and he spends, which turns into somebody else’s pay, or go to suppliers, and round and round and round. Pull that plug at any point and the money motion stops. This is a kick start, push some motion. Honestly they’re probably hoping a lot of it goes to folks who don’t “need” it. Those people are likely to see it as “fun” money, splurging at nice restaurants they don’t normally go to, or maybe buying that high end phone they can never justify. Make the wheel spin.


78 posted on 03/19/2020 2:53:04 PM PDT by discostu (I know that's a bummer baby, but it's got precious little to do with me)
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To: albie

Is that in there? A family? Individual? That’s not much of an income especially if two work.


79 posted on 03/19/2020 2:53:19 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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To: DAC21

Easy sign it over to me please.


80 posted on 03/19/2020 2:53:56 PM PDT by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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