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BREAKING NEWS: Mitch McConnell unveils $1,200 checks for every American earning under $75,000-a-year as part of Republicans' $1 trillion coronavirus bailout plan
Daily Mail.com ^
| March 19, 2020
| Katelyn Caralle, Nicki Schwab
Posted on 03/19/2020 4:20:12 PM PDT by Aquamarine
Senate Majority Leader Mitch McConnell is proposing direct payments of $1,200 per person and $2,400 for couples amid the coronavirus outbreak, according to a copy of the legislation obtained by The Associated Press.
The GOP leader was poised to unveil the sweeping response Thursday as Congress raced to draft a $1 trillion measure to shore up for households and the U.S. economy.
Among key elements would be the direct payments to Americans, aligned with the Trump administration's push for quick cash aid.
Under McConnell's proposal, the minimum payments would be $600, and aid would be phased down at income thresholds of $75,000 for individuals and $150,000 per couple.
Additionally, there would be $500 payments for each child.
(Excerpt) Read more at dailymail.co.uk ...
TOPICS: Business/Economy; Culture/Society; Government; News/Current Events; US: Kentucky
KEYWORDS: buyingvotes; coronacash; coronavirus; covidcash; debt; debtbomb; deficit; kentucky; mitchmcconnell; taxingtheunborn; votebuying
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To: Aquamarine
2
posted on
03/19/2020 4:21:24 PM PDT
by
dp0622
(Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
To: dp0622
and this time, not just for the people who can afford to pay lobbyists
3
posted on
03/19/2020 4:22:28 PM PDT
by
thoughtomator
(... this has made a lot of people very angry and been widely regarded as a bad move.)
To: Aquamarine
We all get to pay ourselves! yay /s
4
posted on
03/19/2020 4:22:54 PM PDT
by
SpaceBar
To: Aquamarine
5
posted on
03/19/2020 4:23:30 PM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion or satire. Or both.)
To: SpaceBar
6
posted on
03/19/2020 4:23:33 PM PDT
by
DIRTYSECRET
(urope. Why do they put up with this.)
To: dp0622
No free money for me as I'm over the threshold.
That's okay, I'd rather see money going back to the citizens rather than stay with the government.
7
posted on
03/19/2020 4:23:45 PM PDT
by
SamAdams76
(Trump (859); Slow Joe (527); Commie (476); Fake Indian (48); Drunken Weld (1))
To: SpaceBar
And the best part is it’s not real so it never has to be paid back!! :)
8
posted on
03/19/2020 4:24:03 PM PDT
by
dp0622
(Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
To: Aquamarine
Looks like $0 for me. Definitely not complaining though.
Praying the outlay doesn’t sink the economy — either now or in the long run.
9
posted on
03/19/2020 4:24:06 PM PDT
by
comebacknewt
(Trump trumps Hate)
To: Aquamarine
Oh boy, more income redistribution.
10
posted on
03/19/2020 4:24:43 PM PDT
by
GaryCrow
To: Aquamarine
And next week when it has all been spent?
11
posted on
03/19/2020 4:25:52 PM PDT
by
dynachrome
(The panic will end, the tyranny will not)
To: SamAdams76
But they’re borrowing it from US!
It’s not a windfall from a surplus.
It’ more taxpayer burden down the line.
Ah, screw it. I’m gonna cash the check anyway.
If it’s a sliding scale I won’t get much.
I make about 71k.
Peanuts in NYC.
You’d think I’d work a side job instead of spending all my time here :)
12
posted on
03/19/2020 4:26:14 PM PDT
by
dp0622
(Radicals, racists my curseoint fingers at me I'm a small town white boy Just tryin to make ends meet)
To: dp0622
I really do not need this check, but will not rip it up.
13
posted on
03/19/2020 4:26:49 PM PDT
by
entropy12
(You are either for free enterprise or want gov't to guarantee your wages.)
To: Aquamarine
I get the Welfare!
I get the Welfare!
14
posted on
03/19/2020 4:26:53 PM PDT
by
AppyPappy
(How many fingers am I holding up, Winston?)
To: SamAdams76
I have to laugh. To people in high cost of living states, especially with kids, 75K or 120K, isnt making ends meet.
This is just stupid.
To: Aquamarine
Here comes a wave of overdoses...
16
posted on
03/19/2020 4:27:22 PM PDT
by
Hadean
(Make Liberals Cry Again. Trump 2020)
To: Aquamarine
Does this include retirees???
17
posted on
03/19/2020 4:27:39 PM PDT
by
JBW1949
(I'm really PC.....Patriotically Correct)
To: Aquamarine
What about us rich folks making a combined household income of $76,000???
18
posted on
03/19/2020 4:27:43 PM PDT
by
mkleesma
(`Call to me, and I will answer you and tell you great and unsearchable things you do not know.')
To: Aquamarine
19
posted on
03/19/2020 4:27:56 PM PDT
by
Menehune56
("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
To: Aquamarine
Great. This will pay for my trip to China. </s>
20
posted on
03/19/2020 4:27:56 PM PDT
by
struggle
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