[justme4now]

It's early so I'm sure that there is more .. A lot more< ! 😮

[preacher]

L8r

[Craftmore]

The Bad,,,If you are low income or fixed income and dont pay taxes,you get nothing to help through this.

[justme4now]

$250 million to the IRS
$25 million to House reps salaries

[Robert357]

Good summary. Thanks for the Post. We will see if the House tries to add anything else to it tomorrow.

[PIF]

5. No Funds for Topping Up Petroleum Reserve

Senate Minority Leader Chuck Schumer stripped out the funding for Strategic Petroleum Reserve purchases. Hard to see why we wouldn’t want to top it up at 20 bucks a gallon. Probably just to spite the president.

[CptnObvious]

The Article doesn't mention the $1200 per citizen or the $500 per child. What would these be? Good, Bad or Ugly to him?

Why did he omit them?

[Pontiac]

Employer-side payroll tax payments are suspended through the end of the year, to be paid half by year-end 2021 and half by year-end 2022.

I don’t like this at all.

This puts a small business in jeopardy of going to jail should they not be able to make these payments.

The small business person is put in the position of wagering that they will be able to make the payments.

I have said this many times that businesses should not be tax collectors. Payroll Tax, Income Tax, Sales Tax. Governments have made the businessman their unwilling partners in theft. Fail to produce the funds and go to jail.

[CptnObvious]

Note that this bill has not passed the house. Pelosi is looking to screw with it some more if she can. Maybe she wants Americans to suffer a bit more?? I can’t figure out why she is doing this as it only hurts the DemocRATS in an Election Year!

[Jim Noble]

2. More Federal Reserve Money The Federal Reserve’s new lending facility is funded with up to $425 billion

George Clinton ended the First Bank of the United States. Andrew Jackson ended the Second Bank of the United States.

Who will kill the Third?

[dennisw]

a mess!

[Psalm 73]

Is there any way for us to know WHO put those carve-outs in the bill?

[justme4now]

More from CNN: SENATE BILL

I Know, I Know .. Commie News Network!😐

[Drago]

Some sources for the text of the “CARES Act” (H.R.748):

https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rY0Bl72CufkE/v0

https://www.republicanleader.senate.gov/imo/media/doc/CARES%20Act%20Final%20-%20Mar%202020.pdf

Section by Section Summary:
https://www.rubio.senate.gov/public/_cache/files/e62711ab-07f8-4087-b157-5871cf9566f7/B77A8DFB5B3E83552EB0CAD69C8EF00D.final-—keeping-workers-paid-and-employed-act-section-by-section-sbc-final.pdf

(Nasty Nancy can’t screw with it anymore w/o causing it to go back to the Senate....not going to happen).

[.30Carbine]

Thanks to Phil Kerpin for the overnight research.

[Wizdum]

2. Unrelated Spending Larded Into the Bill

Corporation for Public Broadcasting: $75 million
National Endowment for the Arts: $75 million
National Endowment for the Humanities: $75 million
Institute of Museum and Library Services: $50 million
The Kennedy Center: $25 million
National Oceanic and Atmospheric Administration (NOAA): $20 million
Legal Services Corporation: $50 million
Internal Revenue Service: $250 million
House of Representatives salaries and expenses: $25 million

[Redleg Duke]

The $25 millionn for House of Reps and staff should be a wakeup call to clean out the house, this November.

If someone has a “D” or “I” attached, dump them!