Posted on 03/22/2020 8:23:05 PM PDT by bobsunshine
Over the past three days a bipartisan group of senators, not leadership, constructed a $1.6 Trillion emergency aid package to rescue the U.S. economy and American workers. The package had the support of Mitch McConnell. However, at the last minute House Speaker Nancy Pelosi, having returned from her House recess vacation sipping cocktails poolside, instructed Senate Minority Leader Chuck Schumer to crush the senate effort. Secondly, Speaker Pelosi wants unilateral control over which companies will receive any financial assistance or loans to survive the crisis.
Power hungry Pelosi sees an opportunity to use the looming economic crisis as leverage for selecting winners & losers amid the K-Street lobbying community. Donors for Democrats will be rewarded; supporters of Republicans, not-so-much. This is DC at it’s worst and Pelosi isn’t going to lose another opportunity. It’s the same process she used in ’08/’09. ...
There are two main points Pelosi is targeting. First, because COVID-19 creates a MASSIVE SPENDING opportunity, Speaker Nancy Pelosi wants to include the elimination of college debt, literally wipe out student loans – which ironically and intentionally were created under Obamacare, in the coronavirus bill.
... Secondly, Speaker Pelosi wants unilateral control over which companies will receive any financial assistance or loans to survive the crisis.
(Excerpt) Read more at theconservativetreehouse.com ...
Hope she rots.
That was easy.
Completely Unhinged Never Trumper.
I am still working, albeit from home for my main job. I am in no danger of being laid off. Why propose it anyway? All it does is create a bidding war with the Democrats, and you know you can't outspend a Democrat.
Hopefully Trump will get creative. There is more than one way to skim a cat.
Very grateful he’s the one in charge. He gets it.
Who?
My friends it is a lot of money. Anyone remember W’s people demanding 700 billion RIGHT NOW?
a federal payroll tax credit has to be trumps plan a. i say plan a since the democrats were never going to cooperate and trump probably would have forseen this.
I shouldn’t say this but I hope Pelosi and Schumer contract the virus and go to hades.
“Dow futures collapse”
And now we know why they rejected the bill.
These are the evil tyrants our Founding Fathers warned us about.
If you think they rejected this bill for any motive other than there own political advancement, you are sorely mistaken.
Pelosi and Schumer Block $1.6 Trillion Emergency Economic Bill – DOW Futures Collapse…Hard to find who the idiots are in that picture.
Pelosi and Schumer Block $1.6 Trillion Emergency Economic BillThey might be doing us a favor...unintended consequences.
I agree totally. I don’t need the money, but other people will soon. May are still earning income working from home, as I am.
The fate of the nation rests on these lunatics including this psycho that should be home counting her money.
Indeed
The presidential coup attempts continue.
could Trump not do an executive order to not collect a percentage of taxes? Might have a similar effect. I’m not too worried about this.
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